AI tokens like Render (RENDER), Story Protocol (IP), and CLANKER are receiving increased attention as April comes to a close. RENDER has been the standout performer, experiencing a surge of almost 17% this week and regaining a market cap of $2 billion.
On the other hand, Story (IP) has had a decline of 6.5%, making it the worst performer among the top 10 AI tokens, while CLANKER dropped by over 7% in the last 24 hours. With the sector's momentum changing, these three tokens are now at crucial technical levels that could determine their future direction.
Render Network offers decentralized GPU computing power for creators, developers, and AI applications, supporting rendering for 3D graphics, visual effects, and AI model training. RENDER's native token has seen a significant increase in value, leading the top 10 AI tokens in the market this past week.
Story Protocol focuses on managing and monetizing intellectual property on-chain with an emphasis on AI integration. Although Story's native token, IP, experienced a massive 477% surge in late February, it has declined by 6.5% in the last seven days.
CLANKER, the native token of Tokenbot, a coin launchpad on the Base chain, saw a decrease of over 7% in the last 24 hours. Base chain has seen a rise in DEX volume, ranking fourth in the weekly volume behind BNB, Ethereum, and Solana.
The performance of these tokens will depend on whether they can maintain their current trends or face further corrections in the near future.