Ren prices are projected to reach a low of $ 0.72 by 2022. Ren price could reach a maximum of $ 0.87
The current Ren price today is $ 0.495933 USD with a 24 hour trading volume of $ 29,831,032 USD. We are updating our REN to the USD price in real time. Ren rose 0.32% in the last 24 hours. The current CoinMarketCap position is # 136, with a live market of $ 494,824,482 USD. It has a rotating supply of 997,764,051 REN coins and sizes. issuance of Rs 1,000,000,000 REN coins.
If you would like to know where to buy Ren, the top cryptocurrency exchanges traded in Ren stock right now are Binance, OKEx, Mandala Exchange, CoinTiger, and Huobi Global. You can find others listed on our crypto trading page.
What is Ren (REN)?
Ren (REN) is an open protocol designed to provide interaction and liquidity between different blockchain platforms.
To learn more about this project, check out our in-depth dive for Ren.
Formerly known as the Republic Protocol, Ren launched RenVM, its flagship machine, in May 2020, having completed its first $ 34 million coin donation in 2018.
A native protocol token, REN, acts as a liability for those nodes running RenVM, known as Darknodes.
Ren aims to increase the interaction, and as a result, accessibility, of fixed fees (DeFi) by removing the barriers involved in spending between blockchains.
Ren Previous Price Analysis
According to the latest data collected, the current Ren price is $ 0.50 and REN is currently ranked # in the entire crypto ecosystem. Ren distribution distribution is 997,764,051 with a market capitalization of $ 497,010,986.
With rising trading volume and market rate, Ren's price has shown a positive increase of 1.02% in the last 24 hours.
Ren faces a tough time riding with other crypto currencies. REN decreased to about 20.24% in the last 7 days. The coin still shows the fragmentary components of the framework a few days ago, the coin may have solid foundations but, we do not think it could be a profitable asset in the short term.
Over the past 4 months Ren has shown growth. Therefore, we think that similar parts of the market were very popular at that time. According to the latest data collected, Ren's trading volume is increased from 4 months. Trading volume plays an important role in your value.
Currency rose by 29.80% and the maximum value of the coin was estimated at $ 0.32 and the minimum value was estimated at $ 0.30 in the last 4 months.
Ren (REN) Price Prediction / Forecast for 2022, 2023, 2024, 2025 and 2030
At PricePrediction.Net we forecast future Ren price forecast / REN weather forecast using in-depth analytics of intelligence-assisted performance in previous Ren price data. We do our best to collect the highest REN coin historical data covering many parameters such as previous price, Ren marketcap, Ren volume and a few others. If you are looking to invest in digital cryptocurrensets and want a good return on your investment, be sure to read our predictions.
Ren (REN) Coin/Token Price Prediction / Forecast 2021
According to our in-depth technical analysis on past REN price data, by 2021 Ren prices are projected to reach a minimum of $ 0.47. REN price can reach a maximum of $ 0.54 with an average trading price of $ 0.52. Learn more
Ren (REN) Coin/Token Price Prediction / Forecast 2022
Ren prices are projected to reach a low of $ 0.72 by 2022. Ren price could reach a maximum of $ 0.87 with a standard price of $ 0.74 by 2022. Learn More
Ren (REN) Coin/Token Price Prediction / Forecast 2023
According to the forecast price and technical analysis, by 2023 the Ren price is projected to reach a low of $ 1.02. REN price can reach a maximum of $ 1.23 with a median trading price of $ 1.05. Learn more
Ren (REN) Coin/Token Price Prediction / Forecast 2024
The price of 1 Ren is expected to reach a low of $ 1.48 by 2024. REN price could reach a maximum of $ 1.77 with an average price of $ 1.54 by 2024.
Ren (REN) Coin/Token Price Prediction / Forecast 2025
Ren prices are predicted to reach a low level of $ 2.19 by 2025. According to our findings, the price of REN could reach a potential maximum of $ 2.60 with a median weather rate of $ 2.25.
Ren Price Prediction 2026
According to our in-depth technical analysis on past REN price data, by 2026 the Ren price is estimated to be around $ 3.12. Ren price can reach $ 3.80 with an average trading price of $ 3.21 per USD.
Ren (REN) Coin/Token Price Prediction / Forecast 2027
Ren prices are predicted to reach a minimum of $ 4.51 by 2027. Ren prices are likely to reach a high of $ 5.43 with a median trading price of $ 4.67 by 2027.
Ren (REN) Coin/Token Price Prediction / Forecast 2028
According to forecasting and technical analysis, by 2028 the Ren price is expected to reach a minimum price of $ 6.66. REN price can reach a maximum price of $ 7.95 with an average price of $ 6.85.
Ren (REN) Coin/Token Price Prediction / Forecast 2029
Ren prices are projected to reach a low of $ 9.87 by 2029. Ren price could reach a maximum of $ 11.61 with a median trading price of $ 10.15 by 2029.
Ren (REN) Coin/Token Price Prediction / Forecast 2030
Ren prices are predicted to reach a low level of $ 13.91 by 2030. According to our findings, the price of REN could reach a potential maximum of $ 16.91 with an average forecast price of $ 14.32.
Who are the Founders of Ren?
Ren was founded by Taiyang Zhang, its CEO, in 2017. Originally called the Republic Protocol, Ren was first announced in January 2018, with Zhang describing his first use case as a "suspended black pool."
Zhang himself has knowledge available in the cryptocurrency space, and owns the crypto hedge fund Virgil Capital.
Prior to that, Zhang launched Neucode, a software and web development initiative, in 2014. Jaz Gulati, another founder of Neucode, now works as a Ren software developer.
What Makes Ren Different?
Ren is a complex platform with many use cases, but ultimately built to overcome barriers to entry and investment in DeFi projects.
As a plug-in, it allows DeFi projects to bring foreign cryptocurrency assets such as Bitcoin (BTC) and Zcash (ZEC) into their offerings. Generally, users can actually switch any token between any two blockchains without intermediate steps such as using token versions called “wrapped,” for example Bitcoin Wrapped (WBTC) and Ethereum Wrapped (WETH).
RenVM is a network of virtual computers that build a virtual machine. The machines that power the network that makes RenVM are called Darknodes.
Ren charges various types of internal operations, but most do not go to direct profits, instead they are paid to miners. Like the ERC-20 token, REN also attracts various gas investments in energy sales.
How Many Ren (REN) Coins Are In Circulation?
REN has a fixed cap to supply 1 billion tokens (1,000,000,000). Ren made a sale of previous and public tokens in 2018, in which 60.2% of the offer was sold to investors.
Ren has a reserve fund initially allocated 19.9% of the total, while another 9.9% is allocated internally to its advisers, team and founders. Group tokens come with a two-year closing period, and a six-month closure to be assigned to advisers.
The other 10% of REN grants are specifically targeted at activities such as partnerships and development.
REN standard token for ERC-20.
Where can you buy Ren (REN)?
REN is a free-selling token and is available in a wide variety of exchanges. In this regard, Binance and Huobi Global have the largest volume since October 2020. Pairs include cryptocurrency, fiat and stablecoins.
Ren Price Forecast FAQs
What is the price of Ren today?
Today Ren (REN) trades at $ 0.50 with a market capitalization of $ 497,010,986,000.
What will be the price of the top REN forecast for 2021?
The REN price is expected to reach a high of $ 0.54 by the end of 2021.
Is Ren (REN) a good investment?
Ren’s price is expected to continue to grow, as shortages often encourage inflation. Please note, there is a risk in any investment. Just invest in what you can achieve before reaching any conclusions and do as much research as possible.
How high can Ren go?
The average price of Ren (REN) could go up to $ 0.52 by the end of this year. If we estimate the five-year plan, it is estimated that the coin will easily reach the $ 2.25 mark.
How much will Ren be in 2030?
In terms of price, Ren has an outstanding ability to reach new heights. It is predicted that REN will increase in value. According to some experts and business analysts, Ren could hit a very high price of $ 16.91 by 2030.