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

Render Token(RNDR)

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$0.488978
(-6.02%)
0.00002879 BTC
Market Cap (Rank#181)
$124,102,006
7,306 BTC
Vol 24h
$7,191,165
423.35 BTC
Circulating Supply
253,798,859.69
Max Supply
536,870,912
27 days agocryptodaily
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 0.488978 USD, and with the current circulating supply of Render Token at 253,798,859.69 RNDR, its market capitalization stands at 124,102,006 USD. In the last 24 hours RNDR price has moved -0.021511 USD or -0.04% while 8,292,987 USD worth of RNDR has been traded on various exchanges. The current valuation of RNDR puts it at #181 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 Price0.488978 USD
Market Rank#181
Market Cap124,102,006 USD
24h Volume7,191,165 USD
Circulating Supply253,798,859.69 RNDR
Max Supply536,870,912 RNDR
Yesterday's Market Cap124,917,060 USD
Yesterday's Open / Close0.5137 USD / 0.492189 USD
Yesterday's High / Low0.528588 USD / 0.485413 USD
Yesterday's Change
-0.04% ( 0.021511 USD )
Yesterday's Volume8,292,986.50 USD
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