Ren Price Today (Official) | Live REN Price Chart in USD | CryptoRank.io
Currencies
10196
Market Cap
$ 2.61T
-4.85%
24h Spot Volume
$ 109.71B
+53%
BTC Dominance
42.72%
-1.33%
ETH Gas
155 Gwei

Ren [REN]

 
On 289 watchlists
Rank: 99
Token:
Ethereum
USD 1.09
-4.61
BTC 0.0000185
1.71
ETH 0.000271
-0.08

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

Ren Market Cap

$ 1,094,397,380 
Ƀ 18,527
FDMC: $ 1,094,397,380 
ATH: $ 1,820,638,270 

24h Trade Volume

$ 86,225,905 
Ƀ 1,460
REN 78,788,479

Supply

Circulating:
REN 1,000,000,000(100.00%)
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: -39.9%
To ATH: +66.4%

Ren's current price is $ 1.09, it has dropped -4.61% over the past 24 hours.

Ren's All Time High (ATH) of $ 1.82 was reached on 20 Feb 2021, and is currently -39.9% down.

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

Ren’s 24 hour trading volume is $ 86.23 Millions.

Ren's current share of the entire cryptocurrency market is 0.04%, with a market capitalization of $ 1.09 Billion.

You can find more details about Ren on its 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.

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
2021+219.6%-63.9%+152.3%+16.9%
2020+49.9%+212.4%+62.4%+34.4%
2019+18.4%+206.1%-46.9%-22.1%
2018-54.7%+33.1%-26.7%-41.7%

Ren Closing Price (USD) - Quarterly

YearQ1Q2Q3Q4
2021$ 1.03$ 0.371$ 0.936
2020$ 0.0464$ 0.147$ 0.238$ 0.319
2019$ 0.0244$ 0.0748$ 0.0398$ 0.0308
2018$ 0.0362$ 0.0483$ 0.0352$ 0.0206

Ren Monthly Returns ($)

YearJanFebMarAprMayJuneJulyAugSeptOctNovDec
2021+93.3%+64.3%-1.55%-5.08%-42.8%-33.5%+19.4%+74%+22.4%+16.9%
2020+42.8%+15.6%-10.5%+43.2%+34.8%+60.5%+7.91%+228.1%-54.8%+20.8%+17.9%-5.07%
2019-12.2%-5.17%+42.1%-4.43%+70.9%+87.9%+36.2%-37.6%-37.7%+26.1%-18.1%-24.8%
2018-1.16%-54.2%+125.3%+16%-49.3%-23.4%-31.9%+41.3%+10.2%-53.3%+13%
Average+41.3%+18.4%-6.04%+39.8%+19.7%+16.4%+10%+58.1%-7.2%+18.5%-17.8%-5.62%
Median+42.8%+7.24%-6.05%+19.4%+25.4%+13.5%+13.6%+21.1%-7.65%+18.8%-18.1%-5.07%

Ren USD (REN - USD) Price Change

PeriodChangeChange (%)HighLow
24H-$ 0.0528-4.61%$ 1.18$ 1.04
7D$ 0.109+11%$ 1.18$ 0.985
14D$ 0.133+13.8%$ 1.18$ 0.948
1M$ 0.00528+0.48%$ 1.32$ 0.899
3M$ 0.733+202.5%$ 1.32$ 0.350
6M$ 0.239+27.9%$ 1.32$ 0.270
YTD$ 0.775+242.8%$ 1.82$ 0.270
1Y$ 0.794+264%$ 1.82$ 0.232
3Y$ 1.06+3,002.9%$ 1.82$ 0.0155

Ren Annual Price

YearUSDHighLow
2021+240.2%$ 1.82$ 0.270
2020+931.6%$ 0.596$ 0.0276
2019+49.5%$ 0.147$ 0.0156
2018-74.2%$ 0.142$ 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.