REN price is surging today, up 7% and counting: here’s where to buy it

Hottest New Crypto Listing On Major Exchanges
Hottest New Crypto Listing On Major Exchanges

REN price is surging today, up 7% and counting: here’s where to buy it

By Daniela Kirova - min read
REN cryptocurrency logo

The live Ren price today is $0.40 with a 24-hour trading volume of $113.5 million. it is up 7.33% in the last 24 hours.  If you are attracted to unique features and want to learn how and where to buy it, this guide is for you.

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What is REN?

it is an open protocol built to provide interoperability and liquidity between different blockchain platforms. The protocol’s native token functions as a bond for those running nodes which power RenVM, known as Darknodes.

The token aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.

It is ultimately designed to overcome barriers to entry and investment for DeFi projects. As a plug-in, it allows DeFi projects to bring foreign cryptocurrency assets to their offerings.

More broadly, users can swap any token between any two blockchains without middle steps such as using so-called “wrapped” versions of tokens.

Should I buy it today?

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

REN price prediction

CoinQuora is bullish on the token. They predict it will reach $2 by the end of 2022 if the uptrend continues. In the first half of 2022, it’s going to show fast growth, up to $0.9. Then, the growth will slow down, but without major drops.

By 2024, Ren will have reached $10 thanks to anticipated partnerships and integrations, which will boost the price.

REN on social media