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Render Price(RNDR)

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RNDR
1 RNDR =
USD ¥78.02
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Last updated 2024/03/31 05:16 (UTC)
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¥ 78.02
-1.77%
1D
Page last updated: 2024-03-31 05:16 (UTC+0)
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Price of RNDR today

The live price of Render is ¥ 78.02 per (RNDR / USD) with a current market cap of ¥ 29.79B USD. 24-hour trading volume is ¥ 1.14B USD. RNDR to USD price is updated in real-time. Render is -1.77% in the last 24 hours with a circulating supply of 381.86M.
RNDR Price History CNY
Date ComparisonAmount Change% Change
Today¥ -1.406229-1.77%
30 Days¥ 22.65+40.89%
60 Days¥ 44.48+132.60%
90 Days¥ 45.74+141.66%

RNDR Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: ¥ 76.58
High: ¥ 79.75
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
¥ 98.16
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
+0.94%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
-1.77%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
+1.94%
The percent change in trading volume for this asset compared to 7 days ago.

RNDR Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#33
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
¥ 29.79B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
¥ 1.14B
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
381.86M
71.13%
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
536.87M
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
¥ 41.89B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About Render Token (RNDR)

RNDR Token is a network that uses OctaneRender for GPU rendering. OctaneRender allows for the decentralized creation, sharing, remixing, and monetization of 3D assets by leveraging blockchain technology.

The Render Network is powered by the ERC-20 standard token $RNDR. RNDR is used to pay for animation, motion graphics, and visual effects rendering jobs performed on the distributed Render Network. 

In the Render Network ecosystem, users submit their work to the community when in need of rendering. The platform automatically calculates the number of RNDR tokens needed to complete the job. This data is sent as an attachment stating the details of the smart contract and broadcast on the rendering network. 

RNDR Network uses a Multi-Tier Pricing (MTP) mechanism. The Multi-Tier Pricing mechanism allows users to choose which tier of arithmetic capacity they wish to use to complete their rendering jobs based on several parameters, such as speed, system configuration, security, etc. The price of arithmetic in each tier is stable but will be adjusted periodically based on GPU performance, GPU cloud rendering costs, and decentralized supply and demand data. 

By leveraging blockchain technology to consolidate idle GPU resources around the world, Render Network addresses the proliferating rendering needs of the physical industry, enabling a collaborative situation between the demand side, the supply side, and the platform.

In April 2023, the Render community overwhelmingly supported the migration of the protocol to the Solana blockchain. The proposal RNP-002 received a substantial majority, with 5.9 million RNDR tokens in favor and 2.8 million tokens against it. The current price of Render token is updated and live-tracked on Binance in real-time.

People Also Ask: Other Questions About Render Token

  1. What is RNDR Token Used For?

    RNDR is the native cryptocurrency of the Render Network. As per the Render Network whitepaper, RNDR can be used to pay for rendering tasks. Additionally, users can rent out their GPUs to Render Network and, through the renderer, receive and complete rendering jobs such as animation, motion graphics, and visual effects. After the render job is completed, RNDR is distributed to the GPU provider as a reward. The platform also charges a fee for operating and maintaining the RNDR Network.

  2. Who Is the Founder of Render Token?

    The Render Network was founded by CEO Jules Urbach, who has over 25 years of experience in computer graphics, streaming, and 3D rendering, having developed the first 3D video game platform on the internet and licensed the software to several prominent companies such as Dini and Warner Brothers. RNDR, the Render Network's native cryptocurrency, was launched in 2020. In November 2021, the RNDR token price reached an all-time high of $8.76.

  3. When Was Render Token Launched?

    OTOY introduced the Render Token (RNDR) Blockchain network in 2017, providing a decentralized platform for GPU rendering and a marketplace dedicated to producing and distributing cutting-edge holographic media.

  4. What Is the Maximum Token Supply of RNDR?

    At the time of writing, the maximum supply of Render Token is over 536 million RNDR, with a circulating supply of over 366 million RNDR.

  5. What Makes Render Token Different From Others?

    The Render Network is a blockchain project that self-reportedly democratizes access to rendering services. According to the documentation, rendering a 4K high-definition feature film, for example, would take days in expensive visual effects studios. To solve this, the Render Network whitepaper states that the Render Network connects a network of idle distributed GPU owners and rendering users. As a result, creators can supposedly complete rendering jobs quickly and at a reasonable and affordable cost.

  6. How To Buy Render Token (RNDR)?

    Render Token (RNDR) can be purchased directly from Binance. Render Token (RNDR) can also be traded for other cryptocurrencies. The live price of the Render Token is updated in real-time on Binance. Additionally, RNDR price and purchase information is available for users in our How To Buy Render Token (RNDR) guide.

RNDR to Local Currency

FiatPriceOperation
1 RNDR to USD$ 10.81
1 RNDR to TRY$ 10.81
1 RNDR to RUB$ 10.81
1 RNDR to EUR$ 10.81
1 RNDR to AED$ 10.81
1 RNDR to BRL$ 10.81
1 RNDR to VND$ 10.81
1 RNDR to IDR$ 10.81
Last updated 2024/03/31 05:16 (UTC)

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