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Render Token (RNDR) price, chart, coin profile and news
Find the latest Render Token (RNDR) price, coin profile, news and history to get you started with Render Token trading and investing.
What is Render Token?
Those of you that have worked with 3D modelling before – whether it is for gaming, film, or special effects – will know how frustratingly long it can take computers to process and finalise projects. Most work is completed by the graphics processing unit (GPU), and even new-wave GPUs can be extremely slow in completing rendering tasks. Render Network aims to address this issue by creating a blockchain-based cloud system where users with idle GPUs are able to share processing power with others on the network. As outlined in the whitepaper, the decentralised protocol determines the required power and rewards for a specific task before executing a smart contract among connected users. Those offering their GPU will be rewarded with tokens in exchange for rendering power. RNDR is the native coin of Render Network and operates on the Ethereum blockchain using the ERC-20 token standard. The main purpose of the token is to provide rewards for GPU rendering tasks. Those that wish to borrow GPU will have to pay a portion of RNDR to the provider (also known as a "miner").
Render Token (RNDR) is the 186th largest cryptocurrency in the world by market cap, valued at $382,135,941. The current price of Render Token is $2.49, which is -23.510% lower than yesterday. Prices have ranged between $3.34 and $2.41 over the past 24 hours. All prices are listed in US dollars and accurate as of January 21, 2022 03:01 UTC.
Render Token (RNDR) priceUse our graph to track the performance of (RNDR) over time.
Render Token at a glance
|Total RNDR supply||523,781,168|
|All time high||US$8.78|
Render Token price performance over time
Disclaimer: Cryptocurrencies, including Render Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of RNDR is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Render Token or any other cryptocurrency discussed.
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