The Render Network Foundation is a major player in decentralized GPU rendering solutions. The platform connects two primary groups: node operations and the artists. Render Network eliminates the requirement for centralized cloud providers. The platform offers increased security, cost-efficiency, and reliability.
If you are interested in the project, you might want to know more about it. Read on to discover all about Render. Check out the details, including performance, functionalities, utility, tokenomics, future price predictions, buying options, buying process, and credibility.
Let us get started!
What is Render (RNDR)?
Render is a decentralized platform that effectively matches artists and studios requiring GPU computing power with node operators willing to rent out their GPU resources. The peer-to-peer model is facilitated by the Ethereum blockchain. The Ethereum blockchain confirms the security and transparency of the platform. The platform combines manual and automated verification, ensuring that the security is doubled.
| Ticker Name | RNDR |
| Market Cap | $2,636,865,653 |
| 24-hour Trading Volume | $348,062,174 |
| Total Supply | 532,219,654 |
| Max Supply | 532,219,654 |
| Chains | Ethereum Ecosystem, Soalan Ecosystem, Polygon Ecosystem |
Token Distribution of Render (RNDR)
RNDR is an ERC-20 utility token that works as the key in the Render Network. Check out the token distribution of RNDR:
- 65% is allotted in escrow (for supply/demand to the network)
- 25% is sold
- 10% is in the RNDR Reserve
Future Price Prediction of Render (RNDR)
You might want to check the future price prediction of Render. This would help you to calculate the future returns of the project. While writing this the 24-hour trading volume of $348,060,934 indicates an increase of 140.30% from the previous day. The rise in the trading volume signals a recent rise in the market activity. Based on the analysis of its market performance and other technical indicators, we have made a seven-year for Render.
Check out the future price forecast of RNDR until 2030:
| Year | Minimum Price Prediction | Maximum Price Prediction |
|---|---|---|
| 2024 | $4.47 | $8.70 |
| 2025 | $7.87 | $12.31 |
| 2026 | $6.62 | $11.43 |
| 2027 | $9.00 | $13.50 |
| 2028 | $12.53 | $18.29 |
| 2029 | $14.10 | $20.14 |
| 2030 | $16.29 | $23.43 |
Where can you buy Render (RNDR)?
Render tokens are live on centralized crypto exchanges. If you are looking for the most popular option then you can choose Gate.io. It has a trading volume of $15,585,469 and the active pair RNDR/USDT. You can also explore options like Binance, BYDFi, DigiFinex, DOEX, ByBbit, and OrangeX. Select the best option that suits your trading preferences. You can check the trading fees, customer reviews, and credibility of the exchange.
How can you buy Render (RNDR)?
Once you have decided on the exchange and the investment budget is ready, you can proceed to buy Render. Check out the step-by-step process of investing in Render:
- Step 1: The first step is to create your account on the website or application of the exchange. You can easily do that by providing your personal information and completing the verification steps.
- Step 2: After the account is created, you can fuel it. There are multiple options like Credit Card, Debit Card, Bank Transfer, P2P Tradings, and Third-party payment. Choose the one that suits your preference.
- Step 3: You can now proceed to buy RNDR. The token is available in the “buy & sell” option on the exchange. Navigate to the “bu” section to select the token.
- Step 4: You can now transfer RNDR to your wallet. It is even possible to hold the token in the account. You can earn additional passive revenue by trading the RNDR token.
There are multiple options and websites available while you proceed to buy your token. Make sure that you always rely on the official website when making a purchase. Suspicious website could land you in trouble. If you are new to crypto trading, consider starting with a less initial investment. This could minimize your chances of risk.
Is Render (RNDR) a credible investment option?
Render empowers artists, animators, architects, designers, and engineers with created freedom through cloud-based GPU rendering. This could revolutionize content creation with unparalleled efficiency and scalability. The platform enables creators to compete on a global stage. Before investing in any crypto project you should be aware of the crypto ecosystem. You can research the project before finalizing the investment.
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