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Cryptocurrencies/Coins/Render Token (RNDR)
Render Token price, market cap on Coin360 heatmap

Render Token(RNDR)

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$0.733092
(0.66%)
0.00002991 BTC
Market Cap (Rank#180)
$186,057,911
7,590 BTC
Vol 24h
$10,994,945
448.533 BTC
Circulating Supply
253,798,859.69
Max Supply
536,870,912
96 days agocryptodaily
Bittrex announces listing of IoTeX’s token
US-based cryptocurrency exchange Bittrex announced the listing of IoTeX’s token IOTX, a MachineFi-focused blockchain project that just recently celebrated four years since its first code release. Bittrex, founded in Seattle, currently ranks 23 out of 306 crypto exchanges on CoinMarketCap with nearly $90 million in daily trading volume. Founded in 2014 in Seattle by three cybersecurity engineers, Bittrex boasts over 500,000 daily users and offers the trading of more than 300 cryptocurrencies. Bittrex has over 1 million Twitter followers.Along with its half-a-million active daily users, it exposes many new users to the IOTX token and provides IoTeX crypto enthusiasts with a new cryptocurrency exchange. According to an Investopedia review, Bittrex offers very low fees compared with other large exchanges and is widely available. “Bittrex is an established, centralized cryptocurrency exchange offering a wide selection of supported assets,” the review adds. “Multiple order types are available, including stop, stop limit, trailing stop, and ladder limit.” The report says, “Bittrex supports over 360 cryptocurrencies. This wide selection of assets makes it an attractive platform for those looking to trade popular coins and lesser-known options.” The trading experience on Bittrex is relatively straightforward. Users can easily make trades or purchase cryptocurrency with a debit card, bank account, or Bittrex account balance. Crypto enthusiasts can log in to their trading dashboard via their desktop or the exchange’s Android and iOS mobile apps. Its desktop interface offers a simple “Instant Buy/Sell” option. For IoTeX, it is a further step towards increasing IOTX adoption. IoTeX is already available on many centralized and decentralized exchanges, including Coinbase, Binance, Huobi Global, Mimo, Uniswap, Changelly, ChangeNOW, Indacoin, etc. IoTeX is the decentralized backbone for machine economics known as MachineFi, which serves devices ranging from intelligent home machines to self-driving vehicles. To this end, IoTeX built and launched a fast, high-performance, and EVM-compatible blockchain that provides flexibility and scalability for numerous applications. Also, middlewares and DApps are developed on top of its open-source blockchain bringing self-sovereign devices and real-world oracles into reality. IOTX is the native coin that governs the underlying blockchain protocol while being used as the gas for the blockchain protocol. Burndrop is a unique tokenomic model that leads to deflation of IOTX as the number of devices orchestrated by IoTeX increases. The Bittrex listing of IOTX comes as IoTeX has seen significant growth. Its ecosystem has over 140 different projects. More than 38 million transactions have taken place on its blockchain, and 73 delegates perform consensus and help govern the network over which 17 million blocks have been produced. Telling of the user trust in IoTeX is 30% of the total token supply currently staked. Keep an eye out for upcoming news as the group's co-founders recently revealed they would shortly announce some very high-level partnerships with major global firms. 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.
175 days agocryptodaily
FBI admits crypto is a "huge challenge"
The Federal Bureau of Investigation has reiterated their concern with cryptocurrencies when it comes to cybersecurity and extortion. Bryan Vorndran, assistant director of the FBI’s Cyber Division shared the Bureau's views on crypto and extortion in a Bloomberg virtual panel discussion on cybersecurity. Vorndran admitted that blockchain provides opportunities, but also outlined several concerns in the virtual panel discussion: “Crypto is the primary currency, the primary vehicle, to facilitate extortion payments. It’s the only game in town. We all know the blockchain offers us some opportunities, but the ability to pay crypto, script it immediately into a tumbler, whether through an extortion payment or theft, is a huge, huge challenge for us.” Ransomware groups and rogue organisations have taken to using cryptocurrencies to enact their ransomware businesses, with the largest ransomware hack of 2021 involving the criminal hacking group DarkSide and Colonial Pipeline. A report was released last week by the FBI, outlining the rise in online romance scams and statistics showing the correlation with crypto and “romance scammers”. The report noted that some $64 million was lost last year to romance scams, with cryptocurrency forming part of that sum. "The FBI San Francisco has seen a rising trend in which romance scammers are persuading individuals to send money to invest or trade cryptocurrency. After gaining the confidence and trust of the victim, the scammer then directs the victim to a fraudulent website or application for an investment opportunity," Regulation and consumer protection in the US has grown in correlation with the development of the crypto industry. The volatility of cryptocurrency and the way that certain dark web groups have manipulated the untraceability of cryptocurrencies such as Bitcoin has led to federal agencies such as the FBI to release tips on how users can protect themselves from cryptocurrency scams. 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.
183 days agocointelegraph
RNDR, NFTX and YGG bounce higher as the market rewards projects focused on utility
Focusing on utility and continuing to build during a strong bear trend appears to have helped Render Token, NFTX and Yield Guild Games bounce back from the recent correction.
184 days agocryptodaily
The Metaverse and Gamefi are leading the crypto recovery
Crypto does appear to be making an attempt at a trend reversal. The downward trend has been evident since November last year, but recently, Bitcoin, the major alts, and especially the metaverse plays, are turning this trend around. As Bitcoin started its decline from the $69k highs, certain metaverse and gaming projects were just starting to move into top gear. Decentraland, The Sandbox, Gala Games, and Render, were the blue chip plays that generally led the field. Decentraland’s MANA token started its rise in late October, no doubt boosted by the Zuckerberg announcement that Facebook would henceforth be known as Meta, and that the metaverse would be his company’s focus from now on. On that announcement, MANA shot up 550% before declining over the next couple of weeks. However, once bitcoin reached its high on 10 November, MANA rose again to an all-time-high of $5.90, another 168%. Since then, the whole crypto market went into a trough, where it remained until the last couple of weeks. Now MANA has put on around a 100% gain since its low of $1.69, to put it at a local price high of $3.38. The Sandbox is the other big metaverse project where land is being purchased for huge amounts of value. A similar trajectory for SAND as for MANA saw even crazier gains. The initial Zuckerberg pump actually took SAND up 1050% to a price of $8.48. The price rise since the $2.57 local bottom has taken the token up a relatively modest 85% so far. There will certainly be a lot of institutional fund interest in the project, so even though there might be a retrace in the short term, there could well be plenty of gas left in the tank should the crypto recovery take firm hold. Gala Games is the leading blue chip gaming studio project. Nine games are currently on the platform, either being used, or in development. Some of those in development are said to be AAA games that will allow blockchain games to start competing with the traditional gaming industry. GALA put on a 1000% after 10 November, and reached an all-time-high of around $0.84. The retrace took it all the way back to $0.15, but, since then it has led the charge with a 147% surge to $0.38. Finally, Render (RNDR) is a metaverse infrastructure play that may well eclipse most other projects in the sector. It seeks to use decentralised GPU power to literally render the graphics of the entire metaverse at a fraction of the cost and speed of typical rendering solutions available today. RNDR started its charge also on the Meta announcement, and an 890% price surge took it to $8.77. It’s recent recovery after the decline of this year, has taken it back up 140%. A break-out from its current bull flag might well see it test the previous all-time-highs. 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.
201 day agocryptodaily
Metaverse projects a bargain right now?
For the crypto market, the adage “buy when there’s blood on the streets” may never be truer. Only a few short weeks ago the Metaverse was touted as the next mega industry within the crypto sector. However, since that time, projects that were considered game-changers for the future of the Metaverse have had their prices ground into the dust. Is now a good time to buy? It must always be borne in mind that crypto markets, as with all markets, go up and down. Just because stocks or crypto tokens are down large amounts, it doesn’t necessarily mean that a reversal is just around the corner. However, with blood practically washing down the streets in the crypto market, those brave enough to buy now just may be getting themselves some bargains. The Metaverse really burst onto the crypto scene with Mark Zuckerberg’s announcement that Facebook would be rebranded to “Meta”, and that it would be building out its own private Metaverse. After that moment, the Metaverse tokens of many projects absolutely sky-rocketed. As with all new things though, there is a hype cycle, and it looks like all the Metaverse plays that were once being hyped to the heavens, are now suffering the downside of that cycle. Render (RNDR) is one such project. Rendering graphics is extremely GPU intensive, and costly for having it done with an in-house rendering solution. Instead, a global network of GPUs connected to decentralised nodes can get the job done quicker, cheaper and more easily. As can be seen in the chart above, price has retreated to $2.50, well down from its $8.80 high. This is a 72% correction and has touched support last made in March 2021. A bounce from here, also off of the 100-day moving average, might be likely. Gala Games (GALA) has eight games so far on its platform. The network is run by a community of players who operate nodes that power the ecosystem. As with any truly decentralised Metaverse gaming platform, the players make the rules and decide in which direction Gala Games will go. GALA could be viewed as another strong candidate for a reversal soon. A downward trend, since a high of $0.84 at the end of November, would be likely to turn around, given that the price is approaching the 78.6 fibonacci level, and the Stochastic and RSI indicators are both bottoming. Yield Guild Games (YGG) is what is known as a guild. Guilds are part of the infrastructure of the gaming Metaverse. Yield Guild Games brings together players in the play-to-earn gaming sector. It provides funding (scholarships) for players and lends them equipment to help them win. The guild also buys land and various other NFTs in several Metaverses, loaning them out in order to make yield for the guild members. The YGG price has obviously dropped important support at the $4.60 level and it’s not clear how much further it might drop. However, the RSI has entered oversold territory, and the Stochastic momentum indicator is on its way to a bottom. Last message to investors Crypto markets are incredibly volatile, and the price can drop quickly and drastically. Seeking expert advice before entering the market is a recommended strategy. Only put in the value that you are willing to lose. 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 0.733092 USD, and with the current circulating supply of Render Token at 253,798,859.69 RNDR, its market capitalization stands at 186,057,911 USD. In the last 24 hours RNDR price has moved 0.019338 USD or 0.03% while 11,518,966 USD worth of RNDR has been traded on various exchanges. The current valuation of RNDR puts it at #180 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 Price0.733092 USD
Market Rank#180
Market Cap186,057,911 USD
24h Volume10,994,945 USD
Circulating Supply253,798,859.69 RNDR
Max Supply536,870,912 RNDR
Yesterday's Market Cap183,780,580 USD
Yesterday's Open / Close0.704781 USD / 0.724119 USD
Yesterday's High / Low0.766648 USD / 0.677643 USD
Yesterday's Change
0.03% ( 0.019338 USD )
Yesterday's Volume11,518,966 USD
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