RenRENPrice $ 0.059
Rank: 445
735 Watchlists
DeFi
REN Price
General Info
Contracts:
Ethereum
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.
Tags (Sub-Categories):
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
From ATL
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
| Period | Change | Change (%) | High | Low |
|---|---|---|---|---|
| 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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