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Render Token price, market cap on Coin360 heatmap

Render Token(RNDR)

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0.00004376 BTC
Market Cap (Rank#93)
15,816 BTC
Vol 24h
1,152 BTC
Circulating Supply
Max Supply
37 days ago cryptodaily
Bitcoin reacts strongly to new inflation print
A slight improvement in inflation for the month of January has led to the crypto market reacting strongly to the upside. A rather modest down tick in the new inflation print for January might have been expected to lead to an equally modest rise in markets. None of it. Bitcoin rose strongly and altcoins followed its lead with both making some excellent gains so far on Wednesday. Bitcoin above strong support Bitcoin climbed as high as $22,900 on the day, but it has since pulled back to around $22,700. Short term indicators suggest that this might be the local top for now, but the important thing is that the price is now holding nicely above bitcoin’s midrange point of $21,480. Looking further out in the longer term, it does look good for bitcoin here. A 47% increase since the start of this year has been followed by a decent 12% correction in order to test what looks like a very strong support now at the midpoint of the range. It might be hoped that bitcoin meanders towards the top of the range at $25,225. The longer it takes to get there, the more price structure will have been built, and it wouldn’t go amiss even if bitcoin came down once more to test that midpoint. Selected altcoins make most of the gains As bitcoin becomes stronger the top-performing altcoins will likely far outperform it, perhaps until the time when bitcoin may crash through $25,000 and heads for $30,000. One thing to be cognizant of in this altcoin run is that not all altcoins are killing it. The vast majority may make some modest gains, but it is constantly the same few altcoins that are making all the main running. The two strong narratives of artificial intelligence and zero knowledge tokens have well and truly led the surge. SingularityNET and Fetch.AI from AI, and Dusk Network and others from the ZK category have really performed. Other altcoins from different niches are also making some excellent gains. Render (RNDR) with distributed GPU cloud rendering is one of these, up 355% since January 1. Fantom (FTM) is a fast layer 1, also up considerably over the same time frame. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
38 days ago cryptodaily
Market ingests today’s inflation print. How did crypto react?
U.S. CPI data has just been revealed and shows a slight fall, but not as far as expected. Inflation not defeated The Consumer Price Index year on year has just returned a figure of 6.4%. This is worse than the forecast of 6.2%. Does this mean that the crypto market will continue its recent move downwards? Price changes rose across many elements of the CPI basket. Fuel oil rose 27.7%, gas utilities 26.7%, transportation 14.6%, electricity 11.9%, food in the home 11.3%, and food away from the home 8.2%. Looking ahead, markets are pricing in three more interest rate increases, over the next three FOMC meetings, and further ahead in December there is the chance of the first interest rate cut. Therefore, with 3 rate hikes now priced in, the market has full knowledge of what is coming and the worst case scenario is accounted for (obviously discounting a black swan event or worse/better than expected future inflation figures). Large volatility Within 5 minutes of the inflation figures being revealed $1.2 million in long positions were liquidated, but given the volatility around this time, $1.2 million in shorts were also liquidated. The Dollar Index (DXY) spiked down to 102.600 and then wicked up to test resistance at 103.500, before settling back. Bitcoin seesawed around, plummeting to $21,500, surging up to touch the $22,300 resistance, and then settling somewhat at $22,000. Altcoins were the same. There was a general downturn as soon as the CPI was announced, but then selected altcoins really took off to the upside. Usual altcoins lead the field The same altcoins and the same narratives that have been running over previous weeks were the main tokens to head the charge higher. AI coins were the leaders, with Fetch.AI (FET) and SingularityNET (AGIX) leading the way. Liquid staking coins were just behind, with Lido (LDO) looking the best here. The ZK coins put on some decent gains with Mina (MINA) and Dusk Network (DUSK) doing well. Then there were the odd few individual tokens that have constantly been pumping over recent weeks. Render (RNDR), Fantom (FTM), and GMX are among these. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
46 days ago cryptodaily
Bitcoin and crypto take a breather
After spending the whole of January working its way up to a $24,000 local high, Bitcoin appears to be taking a breath. Is the next move a renewed assault of $25,000, or a major correction? Bitcoin Traders and speculators may be feeling a little uneasy right now. Having got used to a month of generally upside movement, bitcoin has now fallen out of its channel and is currently resting at $22,850. Traders may be wondering if this is the beginning of the ‘inevitable’ slide all the way back down to perhaps test the bottom, or even make a new low. However, bitcoin might just have other ideas, at least for the short term. Shorter time frame Stochastic RSIs have all reset to the bottom, and even though the weekly, and 2-weekly are topping, bitcoin might still have a bit more juice left in the tank yet. Altcoins For the altcoins, much hinges on whether the Total 3 market cap holds above the top of the downwards sloping channel it's been in since July last year. Total 3 is the total of all the altcoins minus bitcoin and ethereum. It can also be noticed that many of the altcoins are either just below or just above their 200-day moving averages, and many are also about to have golden crosses (where the 50-day MA crosses up over the 200-day MA). Where most altcoins are still in the red today there are still the odd few that are in the green and performing exceedingly well. Larger caps are generally down but ETH is still very slightly in the green. Today’s performers Render ($RNDR) is continuing its heady climb to the upside with no sign of slackening off and a further 3 to 4% higher on the day. With 350% over the last few weeks, this crypto has been a real winner. Major resistance is approaching at around $2 so a healthy correction is due soon. Iluvium, a collectible NFT RPG game, has settled above resistance and has turned it into support after a nice run over the last month, putting on around 145%. $ILV is up over 3% so far on the day. Numeraire ($NMR) is one of the AI coins on the move upwards on the day. $NMR is currently +5.72% and has had a 40% breakout over the last 3 days. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
136 days ago cryptodaily
Crypto carnage as Bankman-Fried empire collapses
The crypto market is deep in the red following the run on Sam Bankman-Fried’s FTX and Alameda empire. Much of the gains made by crypto over the last couple of weeks have been wiped off in the last three days as Sam Bankman-Fried’s FTX crypto exchange and his Alameda Research crypto trading firm have begun what could be a spectacular collapse. Should this potential collapse play out then the crypto market will once again have to weather the fall out of a big player going to the wall and all the knock-on downside this is likely to bring. BTC Bitcoin dipped as much as 6% since yesterday’s close, and has since rallied back to be only 4% down as at mid-morning BST. This puts it at a price of $19,770, still under the important psychological level of $20,000. From a technical trading point of view, shorter term RSIs are resetting to the bottom and so there is perhaps the possibility of a movement back to the upside over the next day or so, but with the $FTT token on extremely shaky ground more downside should not be off the cards. ETH Ethereum experienced an 8.7% crash today which took the price all the way back to the $1,400 support. It is now trying to hold above the downwards trendline that began back in November of last year. If it maintains the trendline then this would be at a price of around $1,500. FTT $FTT, the token for the FTX exchange, fell below the last line in the sand at $21 this morning. The resulting plummet took it down to $15, and now, 3 or 4 hours later, the price has recovered to around $18. A $140 million buy wall on FTX spot is set at $14. Many may think that this is a good place to set a long just above. However, on the other side of the coin, the wall could be a place where a big seller uses it as a place to unload while the price is being held up there. SOL and RNDR Other tokens are also in danger of seeing some potentially heavy liquidations given that they are held by Alameda Research. $SOL and $RNDR are two examples. $SOL reached as low as $25 this morning, a fall of 15.5%. The token is currently trading at just over $28. $RNDR, fresh on the heels of a price spurt to the upside on the news of the Apple iphone integration, has fallen as far as 42%, partly on the ‘sell the news’ event, and partly due to Alameda research holding $2 million in $RNDR tokens. The next few days are likely to be very interesting for the crypto market. Midterm elections today, and the new inflation figures coming out on Thursday will potentially add a lot of spice to the mix. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Render Token?

The live price of Render Token (RNDR) today is 1.2056 USD, and with the current circulating supply of Render Token at 361,444,954.11 RNDR, its market capitalization stands at 435,772,769 USD. In the last 24 hours RNDR price has moved -0.1194 USD or -0.09% while 32,910,090 USD worth of RNDR has been traded on various exchanges. The current valuation of RNDR puts it at #93 in cryptocurrency rankings based on market capitalization.

Learn more about the Render Token blockchain network and how it works or follow the price of its native cryptocurrency RNDR and the broader market with our unique COIN360 cryptocurrency heatmap.

Render Token Price1.2056 USD
Market Rank#93
Market Cap435,772,769 USD
24h Volume31,741,174 USD
Circulating Supply361,444,954.11 RNDR
Max Supply536,870,912 RNDR
Yesterday's Market Cap437,820,444.78 USD
Yesterday's Open / Close1.3307 USD / 1.2113 USD
Yesterday's High / Low1.335 USD / 1.1899 USD
Yesterday's Change
-0.09% ( 0.1194 USD )
Yesterday's Volume32,910,090.47 USD
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