Currencies
6365
Market Cap
$ 1.39T
-7.27%
24h Spot Volume
$ 60.39B
+4.98%
BTC Dominance
58.75%
-0.28%
Ren [REN]
 
Rank: 67
Token:
Ethereum
USD 0.950
-11.99
BTC 0.0000217
-5.00
ETH 0.000697
-2.97

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

Market Cap

$ 836,999,622
Ƀ 19,097
ATH: $ 1,604,260,908 

24h Trade Volume

$ 129,318,487
Ƀ 2,951
REN 136,140,295

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)
Ξ 0.00132 (19 Aug 2020)
From ATH: -47.8%

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 $ 0.950 moved down to -12.0% for the last 24 hours.

All time high (ATH) price of Ren reached $ 1.82 on 20 Feb 2021 and fallen -47.8% from it.

Ren's share of the entire cryptocurrency market is 0.06% with the market capitalization of $ 837.00 Millions.

Ren’s 24 trading volume is $ 129.32 Millions. It is trading on 55 markets and 33 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 Chart

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

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 Performance USD

PeriodChangeChange (%)HighLow
24H-$ 0.129-12.0%$ 1.14$ 0.901
7D-$ 0.480-33.6%$ 1.43$ 0.901
1M$ 0.393+70.6%$ 1.82$ 0.552
3M$ 0.628+194.9%$ 1.82$ 0.235
6M$ 0.505+113.7%$ 1.82$ 0.164
YTD$ 0.631+197.6%$ 1.82$ 0.298
1Y$ 0.899+1750.5%$ 1.82$ 0.0276
3Y$ 0.873+1129.0%$ 1.82$ 0.0155

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.