The most successful cryptocurrency in April is named — growth of more than 77%

According to analytical services, Render Token (RNDR) became the best cryptocurrency in April among the top 100 digital assets. The RNDR rate increased by 77.6% during the reporting period.

The increase in value allowed RNDR not only to get into the list of the best, but also to take 61st place with a market capitalization of $ 884 million. At the time of writing, the digital asset is trading for $ 2.43.

RNDR is an Ethereum token based on the Render Network protocol. Using RNDR as a means of exchange, the Render Network connects users who need to render images and videos with those who have unused graphics processing capacity.

Some analysts disagreed that Render Token was the most successful cryptocurrency of the month. Trader Miles Deutscher and crypto blogger Lark Davis drew the attention of their Twitter followers to the growth of the PEPE token. Memecoin has reached a new all-time high, up 39,000% since its launch at the beginning of the month. However, due to problems with the token’s liquidity, most analysts have called PEPE a fraudulent project.

As for the market leader, bitcoin managed to grow by only 0.3% in April. BTC started the new month with a 2.3% drop. The token’s market capitalization is $ 553 billion. Trading volumes were recorded at $ 19.53 billion, and the price at the time of writing is $ 28,614.