Render Surges 17% Reclaiming $2B Market Cap, Story Drops 6.5%

Generated by AI AgentCoin World
Thursday, Apr 17, 2025 2:12 pm ET2min read

As April draws to a close, AI coins continue to attract significant attention, with Render (RENDER), Story Protocol (IP), and CLANKER emerging as the top three to watch. RENDER has shown remarkable performance, surging nearly 17% this week and reclaiming a market cap of over $2 billion. In contrast, Story (IP) has experienced a decline of 6.5%, making it the worst performer among the top 10 AI tokens. CLANKER, on the other hand, has dropped over 7% in the last 24 hours. The momentum across the sector is shifting, and all three tokens are positioned at key technical levels that could define their next move.

Render Network provides decentralized GPU computing power for creators, developers, and applications. Its infrastructure supports rendering for 3D graphics, visual effects, and model training. RENDER, the network’s native token, has surged nearly 17% over the past week, pushing its market cap back above $2 billion. It was the top performer among the ten largest AI coins in the market. If the bullish momentum holds, RENDER could test resistance levels at $4.065 and $4.21, and a breakout could open the path to $4.63. However, if the trend reverses, key support lies at $3.82 and $3.68—losing these could trigger a deeper decline toward $3.47 or even $3.14 in a stronger correction.

Story Protocol is a decentralized infrastructure designed to manage and monetize intellectual property (IP) on-chain, with a strong focus on artificial intelligence. It allows creators to register stories, characters, and other digital assets, enabling collaborative development, licensing, and programmable royalties—all while integrating AI into the creation and distribution process. Despite its explosive 477% rally between February 16 and 26, Story’s native token, IP, is down 6.5% over the last seven days—the largest drop among the top 10 AI coins. If the current correction continues, IP could test support at $3.82, and a break below that may push the price under $3. However, if bullish momentum returns, IP could retest resistance at $4.49 and then aim for $5.04. A strong rebound could eventually lift the token back toward the $6.61 zone, reclaiming some of its earlier hype.

Tokenbot is a coin launchpad built on the Base chain. Its native token, CLANKE, has been down over 7% in the last 24 hours. Interest remains around Base’s recent push into “Content Coins,” with the community watching closely to see how the narrative evolves. If CLANKER’s current downtrend deepens, it could test support at $27.97 and potentially fall to $22.84, dropping below $25 for the first time since April 6. On the upside, a recovery could lead to a test of the $36 resistance, followed by $40. If sentiment around Base tokens strengthens, CLANKER could rally toward $47 as momentum builds.

In summary, the performance of these three AI coins—RENDER, Story (IP), and CLANKER—reflects the dynamic nature of the AI token market. RENDER's strong performance and market cap recovery indicate a bullish trend, while Story (IP) and CLANKER face challenges with recent declines. The technical levels at which these tokens are positioned will be crucial in determining their future movements. Investors and analysts will be closely monitoring these developments as the month comes to an end.

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