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RNDR, short for RenderToken, stands as a decentralized GPU rendering platform intertwined with the Ethereum blockchain. Its mission revolves around bridging artists and studios seeking GPU computational power with mining partners ready to lease out their GPU capabilities. Conceptualized back in 2009 by OTOY, Inc.'s CEO Jules Urbach, RNDR saw the light of day in 2017. Its inaugural public token sale took place in October of that year, following a private sale phase spanning from January to May 2018. Throughout this private sale window, a total of 117,843,239 RNDR tokens were distributed at a rate of 1 RNDR per $0.25 USD equivalent. During this period, early adopters were granted access to the RNDR Beta Testnet. Here, beta node operators and artists engaged in collaborative efforts with the RNDR team to develop and trial the network, culminating in its official public launch on April 27th, 2020.
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Price:
Today, 9th March 2024, the price of Render (RNDR) is $11.02 USD. In the past 24 hours, there has been $720,057,960 USD worth of RNDR traded. This means that the value of RNDR has increased by 15.19% over the past day. Currently, RNDR is ranked #33 among all cryptocurrencies, with a total market value of $4,192,572,326 USD. There are 380,635,224 RNDR coins in circulation, out of a maximum supply of 536,870,912 RNDR coins.
The highest price ever paid for Render (RNDR) was $11.26, which happened on Mar 09, 2024. Right now, the price is 1.89% lower than that highest price.
The lowest price ever paid for Render (RNDR) was $0.03666, which occurred on June 16, 2020, over 3 years ago. Compared to that lowest price, the current price is 16,808.60% higher.
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Future Predictions:
In 2024, our experts predict that the price of RNDR could go as high as $12.79 or as low as $3.52. This prediction is based on factors like its popularity and demand. RNDR is getting a lot of attention lately, especially since it's listed on Binance. It's trading for over $200 million USD every day, and its total value is over a billion dollars.
Many people think RNDR is a good cryptocurrency to keep hold of in 2024 because more and more folks are realizing how useful it is for handling complex virtual projects like rendering and streaming.
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