EIA crude oil production implied demand data for the week ending May 16 in the United States

The most profitable coins of 2023 The total market value of Bitcoin and altcoins has increased by 36 percent since the beginning of the year. The total market value, which was 795 billion dollars on January 1, has currently exceeded 1.1 trillion dollars. In addition to the rise in BTC price, there was also fluctuation in the dominance level. Although Bitcoin's dominance value approached 50 percent, some coins diverged and performed effectively. Among the top 100 cryptocurrencies by market value, the project that has gained the most value since the beginning of the year has been PEPE, which has wreaked havoc on a period. PEPE, which experienced a total increase of 2424 percent, attracted great attention until it was listed on popular crypto exchanges. It left its mark on 2023. However, the listing date is not at the beginning of 2023. When we did not include PEPE in the list, the cryptocurrency that increased the most was Conflux (CFX) with 2092 percent. Cryptocurrencies following CFX are as follows: Injective (INJ) 838 percent, Render Token (RNDR) 655 percent, Stacks (STX) 497 percent, Bitcoin Cash (BCH) 138 percent, Immutable (IMX) 96 percent, The Graph (GRT) percent, Rocket Pool (RPL) percent 84, Kava (KAVA) 83 percent, Lido DAO (LDO) 82 percent. #ContentStar##BountyCreator##GateLive##GateioBountyCreator##HotTopicDiscussion ##Gate.ioDaily##Crypto ##contentcreator#

APT Aptos (APT) fell sharply from $15.70 on March 16, but the bears were unable to push the price below the 20-day EMA, which could signal buying at lower levels. A rising 20-day EMA and RSI in the positive zone may indicate that the bulls have the advantage. If buyers keep the price above $15.70, the APT/USDT pair could signal the start of the next leg of the uptrend. The pair could rise to $16.75 and then to $18.69. According to experts, if the price turns down and breaks below the 20-day EMA, it could mean that all relief rallies have been sold. This could signal the beginning of a corrective phase that could reach the 50-day SMA. The moving averages on the 4-hour chart have turned sideways and the RSI is located just above the midpoint and could signal a possible range-bound action in the short term. The pair could hover between $15.81 and $12 for a while. A close above the range may indicate that the bulls are exhausting the supply. This could start the next leg of the upward movement. Contrary to the assumption, if the price turns down and drops below $12.92, the pair could start a correction towards $12 and then $11.50 RNDR Render (RNDR) corrected to the 20-day EMA, but the bulls successfully defended the support. In this case, it shows that sentiment remains positive and investors are buying on dips. The bulls pushed the price above the $12.78 resistance on March 17 and could signal the start of the next leg of the uptrend. If buyers hold the price above $12.78, the RNDR/USDT pair could jump to $16.81. The first sign of weakness in the cryptocurrency could be a drop below the solid support at $12. A break and close below the 20-day EMA could accelerate the sell-off and push the pair down to the 50-day SMA

Render (RNDR) has turned his course upwards: All eyes are on him! Render (RNDR), one of the leading names in artificial intelligence-based coins, received a reaction from a critical level and accelerated upwards. The RNDR, which fell by 36% in total shortly after hitting a pin at $5.27, is in the process of recovering. The artificial intelligence coin, which has managed to maintain the $3,764 level as support now, may target $4,388 – 4,854 – 5.27 – 5,762 and $6,10, respectively, especially with the end of the pessimistic mood in BTC. In this process, developments in the artificial intelligence sector will be of critical importance. The lack of interest in the field of artificial intelligence as before, the downward pricing of the BTC or the sharp increases in the dominance of the BTC will naturally increase the sell-side transactions in the RNDR. In such a scenario, pullbacks up to $4,047 – $3,764 – $3,293 – $3,022 – $2,654 and $2,452 can be observed, respectively. If the green box is lost, a period of sharp decline may begin for the RNDR #圣诞愿望# #ChristmasWish# #ContentStar# #HotTopicDiscussion# #Gate post Highlights# #Thanksgiving#

Render (RNDR) has turned his course upwards: All eyes are on him! Render (RNDR), one of the leading names in artificial intelligence-based coins, received a reaction from a critical level and accelerated upwards. The RNDR, which is seen as one of the most potential coins of 2024, has been moving downwards since testing $5.27. The popular coin, which could not recover due to the heavy sales in spot BTC ETFs, gradually started to give positive signals. In addition, despite the uncertainty in the market, the RNDR, which turned its course upwards, ranked fourth in the "Top Riders" list with its increase in the last 24 hours. He's trying to get back on his feet after a hard fall! The RNDR, which fell by 36% in total shortly after hitting a pin at $5.27, is in the process of recovering. The artificial intelligence coin, which has managed to maintain the $3,764 level as support now, may target $4,388 – 4,854 – 5.27 – 5,762 and $6,10, respectively, especially with the end of the pessimistic mood in BTC. In this process, developments in the artificial intelligence sector will be of critical importance. The lack of interest in the field of artificial intelligence as before, the downward pricing of the BTC or the sharp increases in the dominance of the BTC will naturally increase the sell-side transactions in the RNDR. In such a scenario, pullbacks up to $4,047 – $3,764 – $3,293 – $3,022 – $2,654 and $2,452 can be observed, respectively. If the green box is lost, a period of sharp decline may begin for the RNDR. #Will Dencun upgrade bring a strong ETH performance?# #Which 100x gems are you eyeing on?# #Will 2024 Bitcoin halving bring BTC to ATH?# #ContentStar# #Gate post Highlights#

No other technology has the potential to revolutionize human life like artificial intelligence. The year 2023 is a testament to the increasingly rise symbiotic relationship between humans and artificial intelligence. The advent of ChatGPT and Bard has sparked a small bull market in AI Token s, and the AI trend has continued with the hype. So far, no narrative has received such long attention on Bear Market and has not been successful on long Token. This excellent performance demonstrates investors' bullish sensitivity to the AI narrative. The total market capitalization of the AI field is only about $6 billion. This number is insignificant considering that AI will be widely adopted in the coming years. As more long companies consider integrating AI and web3 solutions, the AI narrative will be one of the top performers over time. Here are some AI projects to look out for: Bittensor(TAO) Market cap: $1.7 billion Bittensor (TAO) is a decentralized network that connects global machine learning models and works like a collective brain with distributed "neurons". These models work collaboratively to process information, similar to the synergy of neurons in the human brain. Bittensor uses a unique Blockchain architecture built on the Substrate framework, the same framework that powers Polkadot. Bittensor has created a Decentralization Machine Learning protocol that enables the creation of custom blockchains for seamless connectivity. Render(RNDR) Market cap: $1.7 billion Render (RNDR) is a pioneer in integrating artificial intelligence, Blockchain, and graphics rendering. Render is a Decentralization GPU rendering network built on Ethereum that gives users access to a global market for GPU resources. Render's solution sees it as a Blockchain counterpart to industry leaders like NVIDIA. SingularityNet(AGIX) Market capitalization: $421 million SingularityNET (AGIX) is a Decentralization Artificial Intelligence Services Marketplace that enables developers to build and sell AI applications. Leverage Blockchain and smart contracts to provide a secure and transparent AI service compute environment. As a native Token, AGIX facilitates transactions, encourages network participation, and rewards contributors, improving liquidation and core AI capabilities. Ocean Protocol (OCEAN) Market cap: $300 million OCEAN is a native Token that rewards active network participation and serves as a centralized incentive and payment method that facilitates transactions for data and AI services. Autonolas (OLAS) Market cap: $319 million Autonolas is an integrated network of off-chain services, including automation, Oracle Machine, and co-owned AI. It provides a modular stack for building such services, as well as protocols to promote their development. Autonolas' services are ideal for combining Crypto Assets and artificial intelligence, executing complex logic in a decentralized manner, and continuously interacting with on-chain and off-chain data autonomously. #ContentStar# #Gate post Highlights# #HotTopicDiscussion# #BountyCreator# #GateLive# #NewsMessenger#