As we kick off June 2025, three U.S.-linked crypto projects — Render (RENDER), Pi Network (PI), and Aerodrome Finance (AERO) — are drawing attention. Render (RENDER) is in the spotlight after dropping over 8.6% in the past 24 hours. The dip came after Coinbase announced it would delist the older Ethereum-based RNDR token, which led to confusion and panic selling, even though the newer Solana-based RENDER token isn’t affected.
Despite clarification from the Render team and support from most major exchanges for the Solana version, fear and uncertainty drove a spike in trading volume as investors rushed to sell.
On the technical side, RENDER’s EMA indicators are tightening, hinting at a possible death cross — a bearish signal that could drag the price down toward the $4.30 support zone or even lower if selling picks up.
However, if bulls manage to push the price back above $4.45, we could see a retest of $4.89. A strong breakout from there could send RENDER back toward the $5 mark, but it’ll take solid buying momentum to shift the negative sentiment.
