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Ren

RenRENPrice $ 0.059

Rank: 445

735 Watchlists

DeFi

REN Price

0.059
2.22%
($ 0.00128)
Price Range
LowHigh
$ 0.0576$ 0.0613

General Info

Contracts:

Explorers

Description

Ren is an open protocol that enables the permissionless and private transfer of value between any blockchain.

Ren is an open protocol that enables the permissionless and private transfer of value between any blockchain.

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Ren (REN) Chart

The Ren to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

REN Price Statistics

    Market Cap

    $ 59.02M

    Ƀ 1.56K

    FDMC

    $ 59.09M

    ATH Market Cap

    $ 1.60B

    24h Trade Volume

    $ 10.85M

    Ƀ 286.23

    Vol (24h) / MCap

    0.1835

    Circ. Supply

    REN 1.00B

    100%

    Total Supply

    REN 1.00B

    Max Supply

    REN 1.00B

    All Time High

    $ 1.82

    20 Feb 2021

    From ATH

    96.8%

    From ATL

    281.5%

REN to USD Converter

ICO ENDED:

2 Feb 2018

Price

$ 0.0561

ROI

1.05x (+5.21%)

ATH ROI

32.45x (+3,145.3%)

Raise

$ 4,825,000

Tokens For Sale

86,000,000

Ren Monthly Returns (USD)

Ren Quarterly Returns (USD)

Ren Closing Price (USD) - Quarterly

REN - USD Price Change

PeriodChangeChange (%)HighLow
24H$ 0.00128+2.22%$ 0.0613$ 0.0576
7D$ 0.00458+8.42%$ 0.0613$ 0.0532
14D-$ 0.000516-0.87%$ 0.0614$ 0.0513
30D$ 0.00821+16.2%$ 0.0906$ 0.046
3M$ 0.011+22.9%$ 0.0906$ 0.0403
6M-$ 0.0139-19%$ 0.0906$ 0.0403
YTD-$ 0.00262-4.25%$ 0.145$ 0.0403
1Y-$ 0.0467-44.2%$ 0.145$ 0.0403
3Y-$ 0.263-81.7%$ 1.82$ 0.0403

Ren Annual Price (USD) Change

What is Ren (REN)?

The REN token is used as a bond to run a Darknode, which powers the sMPC network (RenVM).

The decentralized network of Darknodes is permissionless, but to prevent the forging of a large number of identities a good behavior a bond of 100,000 REN tokens is required in order to register and run a Darknode. This prevent malicious adversaries from running an unbounded number of Darknodes and overwhelming the network with misbehaving Darknodes.

This is similar to the way that Proof of Work uses computational work to restrict block production, or the way that Proof of Stake uses staked tokens to restrict block production.

For every Darknode that you register, you will need to acquire 100,000 REN and be prepared to bond it into an Ethereum smart contract. This bond will be returned after the Darknode is deregistered.

Darknodes (and those who run them) earn rewards (in BTC, ETH, ZEC, DAI, and ERC-20) for contributing to the Network.

Ren Price Today

Ren's current price is $ 0.059, it has increased +2.22% over the past 24 hours.

Ren's All Time High (ATH) of $ 1.82 was reached on 20 Feb 2021, and is currently -96.8% down.

The current circulating supply of Ren is 1.00 Billion tokens, and the maximum supply of Ren is 1.00 Billion.

Ren’s 24 hour trading volume is $ 10.85 Million.

Ren's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 59.02 Million.

You can find more details about Ren on its official website and on the block explorer.

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