After Apple's promotional video briefly mentioned Octane, the price of RNDR tokens increased by 11%

PANews reported on May 10th, according to Cointelegraph, during Apple's keynote speech, its Vice President of Platform Architecture Tim Millet briefly mentioned the creative workflow software Octane supported by Render Network while showcasing the M4 chip on the latest iPad. Subsequently, Render Token (RNDR) rose by 11%.

In this four-minute keynote speech, Tim's brief three-second mention of this software caught traders' attention and was considered by several commentators as a factor leading to RNDR's price increase over the past week. Tim stated: "Professional rendering applications like Octane will shine," and mentioned the performance of this software on the new iPad. Anonymous cryptocurrency trader D0c Crypto shared in a post on May 7th: "You can actually see RNDR token's LOGO in the video."

After Apple's announcement on May 8th, RNDR token price soared by 11%, making it rise overall by 40% within seven days. According to Bitget data, at press time, Render’s trading price is $11.16.