Only one day left until the highly anticipated WWDC 2023 event. Apple is expected to introduce new MacBook models at the event, which will be attended by developers around the world. On the other hand, we may see the company launch a new mixed virtual reality glasses. In such a case, eyes will turn to artificial intelligence coins, a crypto industry directly linked to AI.
Watch out for June 5: Apple news could move this AI coin
According to recent reports, AI coins are gaining extra momentum compared to other crypto sectors. This demand may also turn to metaverse projects with the WWDC 2023 event on June 5th. In the past period, AI Coins such as Render (RNDR) and SingularityNET (AGIX) have come to the fore. The Render community, in particular, has been speculating about opportunities from the upcoming Apple 2023 Worldwide Developers Conference.
The Apple WWDC 2023 event will kick off on June 5 at 1:00 pm. Among the products expected to be announced at the event is a new VR headset from Apple. In this context, it is thought that Apple’s augmented reality (AR) and virtual reality (VR) product launch could potentially increase demand for its blockchain project Render. cryptocoin.comAs Motley Fool, we have mentioned that large companies such as Motley Fool make predictions in this direction.
Why is Render connected to AR/VR technology?
Render (RNDR), a ‘rendering’ or rendering network, allows for the creation of distributed GPUs on the Blockchain. Rapidly evolving technologies such as the AR/VR industry are paving the way for render mesh adoption. This is because of the Graphics Processing Unit (GPU) needs of high resolution metaverse platforms. In the meantime, it has been revealed that Elon Musk has started to buy a large amount of GPUs from the market in the past months.
As a result, it is speculated that the Render price may increase with the Apple launch. Also, rumors are circulating that the glasses include crypto payments. However, this claim has not yet been clearly confirmed by the company.
Here are the expectations
A Twitter account called MachineAlpha from the Reder community made the following claims yesterday:
The Render (RNDR) token offers huge value increase potential as it begins to be adopted in the AR/VR industry. The VR glasses, which will be announced at Apple WWDC, could increase the demand for the Render token. It is also thought that the functionality of the glasses includes crypto payments. Let’s wait and see!
The AR VR industry is projected to be a trillion dollar industry, it will require massive amounts of #GPU for Ai & #RNDR'ing to scale this, all eyes on #Apple WWDC in 2 days.$RNDR will lead the crypto bull run 🐂 🔥🚀#wwdc23 #metaquest3 $sol $btc $eth $bnb $xrp $vra https://t.co/BXZpnGj4VF pic.twitter.com/s5ilgbur2D
— 🤖 MachineAlpha ⭕️ (@Machine4lpha) June 3, 2023
How is the RNDR price, is the artificial intelligence coin bull close?
Apple aside, the AI and metaverse space has particularly appreciated the recent NVIDIA stock price surge. It is predicted that Render will also benefit from the price rally that has shaken the financial markets. Due to its rise due to AI, Render is emerging as one of the top cryptocurrencies with a high risk-reward ratio. Also, the current technical analysis of RNDR supports the possibility of a 28% increase.
