Cryptocurrency analyst il Capo of Crypto announced in his latest statement that he is bullish on the Render (RNDR) altcoin.
Following il Capo's announcement, there was an approximately 1% increase in the RNDR price.
RNDR, which is among the artificial intelligence-themed altcoins, experienced a decline after it did not find the expected mention at the recent Apple event. Apple had previously caused a great wave of excitement by using a product from Render in its launch video.
However, analyst il Capo, who was previously known for his bearish statements, may cause volatility in the prices of some altcoins in the cryptocurrency market with his latest posts. In the last example today, the RNDR price saw a sudden price increase following il Capo's announcement and an additional increase in volume. The transactions in question were probably made by bots following il Capo's statements.
*This is not investment advice.