Render Network (RENDER)

Render Network (RENDER) Price

Rank 73

$1.5599
-$0.0665(-4.09%)

Market Cap

$787.55M

24h High

$1.7194

24h Low

$1.4500

24h Turnover

$674.96K

Total Supply

532.21M

Market Sentiment

Neutral

Price of Render Network (RENDER) Today in USD

View Render Network (RENDER) Price Prediction

The live price of Render (RENDER) today is $1.5599, with a 24h change of -4.09%. Over the same period, the low was $1.4500, the high was $1.7194, and the 24h trading volume was $674.96K. The current market cap is approximately $787.55M. It ranks #73 by market cap and accounts for 0.024% of the total crypto market cap. The all-time high was $13.5961 (⁦2024-03-17⁩); the current price is -88.53% from the all-time high.

Render Network (RENDER) Price History

  • 7 Days

    -10.84%

    Low
    $1.4500
    High
    $1.7702
  • 30 Days

    -19.22%

    Low
    $1.4500
    High
    $2.2287
  • 90 Days

    +14.41%

    Low
    $1.2269
    High
    $2.2287
  • 1 Year

    -30.76%

    Low
    $1.1219
    High
    $2.9330

Fear & Greed Index

0 Extreme Fear100 Extreme Greed
Yesterday
51
Normal
Last Week
50
Normal
Last Month
71
Greed

The Fear & Greed Index is currently 30/100, in the Fear zone; change from yesterday: -21, from last week: -20, and from last month: -41. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did Render Network (RENDER) Fall in the Last 24 Hours?

During the period covered, RENDER lacked an asset-specific catalyst, and its movement was more consistent with weakness across altcoins than with a response to a single event. Technical signals leaned bearish but were mixed: moving averages were weak on the 4-hour and daily charts, while the 15-minute average was bullish; RSI was neutral across timeframes, MACD showed no crossover, and daily ADX was just 9.43, indicating limited trend strength on the daily chart. The top-five-level bid-to-ask depth ratio was 1.20, broadly balanced, although large orders were concentrated near the price, creating short-term support and overhead resistance. The order book describes liquidity at that time; it does not establish net inflows or determine subsequent direction. The report also notes a private AI gateway governance vote running through October 31, whose outcome could be a later project-specific catalyst.

About Render Network (RENDER)

Render Network uses a decentralized GPU model to provide near real-time rendering, meeting growing GPU demand for 3D rendering and emerging applications. It leverages idle GPU resources to boost speed, cut costs, and scale operations, while rewarding providers for improved efficiency. It also offers open access to rendering and related software providers.

Use Cases and Features

Render Network is a distributed GPU network that connects GPU providers with creators, studios, and other parties needing computing resources. RENDER is its network utility token: requesters can exchange RENDER for non-transferable Render Credits to submit rendering or AI computing tasks; nodes that provide GPU capacity and complete work can receive RENDER through network emissions. The token itself differs from Render Credits, which are computing credentials for specific work tasks.

Supply and Issuance Mechanism

RENDER’s network mechanism uses a Burn-and-Mint Equilibrium (BME) model: corresponding RENDER is burned when creators exchange it for Render Credits for computing tasks, while nodes that complete GPU work receive RENDER through network emissions. The model’s emissions and distribution may be adjusted through community governance proposals. The network currently uses the RENDER SPL token on Solana, and earlier RNDR tokens can be migrated through the official upgrade process.

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Frequently Asked Questions About Render Network (RENDER)

What is RENDER?

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What is the primary use of Render Network?

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What happens when RENDER is used to pay for computing tasks?

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What is the difference between RENDER and Render Credits?

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What is the BME model?

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How do GPU nodes receive RENDER?

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How are RENDER burns connected to node rewards?

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What is the relationship between RENDER and the earlier RNDR?

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How should RENDER supply and issuance be understood?

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How can I participate in Render Network?

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How can I identify the official RENDER asset and avoid network confusion?

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Where can I find official information on RENDER mechanics and upgrades?

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Risk Disclosure

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