The past few days have witnessed a notable increase in demand for open-source AI technologies. Will RNDR and TAO benefit?
There has been a significant surge in demand for open-source AI solutions which can help protocols such as Render and Bittensor.witnessed a massive surge in interest over the last few months due to the growing popularity of AI. However, recently, the hype around the token has died down.
Both Render and Bittensor are open-source technologies in the AI sector that use the decentralized principles embedded in the crypto ethos. As the demand for open-source AI tools grows, so can the interest in both these technologies and subsequently, the interest in their tokens. The CMF had also declined to -0.03. A declining Chaikin Money Flow suggests that the buying pressure is weakening relative to selling pressure.
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