Render
Render Price (RNDR-USD)
Render Price Chart
- Current Price
- $1.47
- Price Change (24h)
- -$0.09 (-5.74%)
- 24h Low - 24h High
- $1.49 - $1.56
- 24h Volume
- $6.58M (4,493,382.00)
- Market Cap
- $773.65M
- Volume / Market Cap
- 0.00767
- Circulation Supply
- 518.67M
- 1-Year Price Return
- -33.06%
- 6-Month Price Return
- -15.51%
- 3-Month Price Return
- 23.45%
- 1-Month Price Return
- -24.43%
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What is Render?
Render
Founded in 2016 by Jules Urbach and built on Ethereum, Render provides distributed GPU rendering solutions on the blockchain. It distributes and processes GPU-based render jobs on a peer-to-peer network, providing computing power to artists and studios on the network. The network transforms GPU computing power into a decentralized economy of connected 3D assets. Render provides GPU power where it is needed at a low cost and at speed. Once on the network, GPU owners become node operators and can earn RNDR tokens by accepting jobs from creators. The network uses a Proof-of-Work mechanism to ensure a commissioned work of art is successfully rendered and only then releases the payment from escrow. Render aims to include crowdsourced 3D projects to digital rights management and create a marketplace for digital ideas, assets and applications. The max supply of RNDR tokens is capped at nearly 537 million.
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 9 | 5 | 8 |
| Technical Analysis | 3 | 5 | 2 |
| Moving Averages | 6 | 0 | 6 |
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