Currencies
8341
Market Cap
$ 1.60T
-2.33%
24h Spot Volume
$ 40.95B
+1.32%
BTC Dominance
44.72%
-0.5%
ETH Gas
33 Gwei

Ren [REN]

 
Rank: 134
Token:
Ethereum
USD 0.409
-5.83
BTC 0.0000107
-2.42
ETH 0.000165
-1.73

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

Ren Market Cap

$ 360,290,340 
Ƀ 9,447
FDMC: $ 408,885,100 
ATH: $ 1,604,260,908 

24h Trade Volume

$ 14,483,714 
Ƀ 380
REN 35,422,455

Supply

Circulating:
REN 881,153,019(88.12%)
Total:
REN 1,000,000,000
Max:
REN 1,000,000,000

All-Time-High (ATH) Price

$ 1.82 (20 Feb 2021)
Ƀ 0.0000495 (01 Sep 2020)
ETH 0.00132 (19 Aug 2020)
From ATH: -77.5%

Ren (REN) is a cryptocurrency token generated on the Ethereum blockchain.

The max. supply of Ren that will ever be issued is 1.00 Billion tokens, and the current supply of REN in circulation is 881.15 Millions tokens.

Current Ren price is $ 0.409 moved down to -5.83% for the last 24 hours.

All time high (ATH) price of Ren reached $ 1.82 on 20 Feb 2021 and fallen -77.5% from it.

Ren's share of the entire cryptocurrency market is 0.02% with the market capitalization of $ 360.29 Millions.

Ren’s 24 trading volume is $ 14.48 Millions. It is trading on 56 markets and 34 Exchanges the most active of them is Binance.

Find more details about Ren cryptocurrency at the official website and on the block explorer.

Ren Price

Ren price Index provides the latest REN price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

USDT
BTC
ETH
HUSD
EUR
Binance
OKEx
Huobi Global
Kucoin
Bittrex

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 to USD Converter

REN

Ren Quarterly Returns (%)

YearQ1Q2Q3Q4
2018+12.2%+33.5%-27%-41.6%
2019+18.6%+206.6%-46.7%-22.7%
2020+50.7%+216%+62.2%+34.2%
2021+222.1%-63.9%+10.1%-

Ren Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2018$ 0.0362$ 0.0483$ 0.0352$ 0.0206
2019$ 0.0244$ 0.0748$ 0.0398$ 0.0308
2020$ 0.0464$ 0.147$ 0.238$ 0.319
2021$ 1.03$ 0.371--

Ren Price (REN - USD)

PeriodChangeChange (%)HighLow
24H-$ 0.0253-5.83%$ 0.445$ 0.409
7D$ 0.0621+17.9%$ 0.458$ 0.337
14D$ 0.132+47.4%$ 0.458$ 0.272
1M$ 0.0256+6.67%$ 0.458$ 0.270
3M-$ 0.476-53.8%$ 1.08$ 0.270
6M-$ 0.262-39.1%$ 1.82$ 0.270
YTD$ 0.0897+28.1%$ 1.82$ 0.270
1Y$ 0.194+90%$ 1.82$ 0.164
3Y$ 0.375+1,095%$ 1.82$ 0.0155

Ren Annual Price

YearUSDHighLow
2018-43.1%$ 0.142$ 0.0155
2019+49.7%$ 0.147$ 0.0156
2020+936.9%$ 0.596$ 0.0276
2021+28%$ 1.82$ 0.270

What is 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.