Ren (REN) Price
$0.00327 2.85%
Latest Updates
Updated at 05:45Market cap
$3,244,278.65
Volume 24H
$9,455.21
Price change 24h
-$0.00009 2.85%
Price change 7d
-$0.000006355 0.19%
What about Ren?
Ren's blockchain is designed to be interoperable with others, allowing users to transfer currencies between different networks. The Ren software makes it easy to mint so-called wrapped tokens — ERC-20 tokens that are equivalent to your favorite cryptocurrencies. The process can be carried out in a 1:1 ratio with any of the popular coins, such as Bitcoin (BTC), Bitcoin Cash (BCH), Zcash (ZEC), or others. The project's native token, REN, is used to collateralize loans and earn interest on deposited funds.
Initially, Ren was called the Republic Protocol. This project attracted $34 million during the ICO in 2018.
REN has a fixed supply cap of 1,000,000,000 tokens. More than 60% were sold to investors during the coin offering.
Being one of the most popular Ethereum-based decentralized applications, Ren is aiming to develop in the DeFi space. Its token, REN, is an ERC-20 token that is available for staking.
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Trending
24h top price changes+$0.00655 89.06%
+$0.00383 38.29%
+$0.0003 22.30%
+$0.00085 18.21%
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+$0.0008 17.19%
+$0.00526 15.01%
+$0.00312 14.54%
+$0.0007 12.55%
+$0.00734 11.94%
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