Ren Market Capitalization Tops $44.56 Million (REN)

Ren (REN) traded 5.5% higher against the U.S. dollar during the one day period ending at 16:00 PM ET on August 20th. One Ren token can currently be bought for about $0.0446 or 0.00000075 BTC on major cryptocurrency exchanges. Ren has a total market capitalization of $44.56 million and $8.25 million worth of Ren was traded on exchanges in the last day. During the last seven days, Ren has traded 17.1% higher against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 4.4% higher against the dollar and now trades at $0.0150 or 0.00000025 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 2.4% against the dollar and now trades at $0.0453 or 0.00000076 BTC.

Ren Token Profile

Ren was first traded on December 31st, 2017. Ren’s total supply is 999,999,633 tokens and its circulating supply is 999,127,500 tokens. The official message board for Ren is medium.com/renproject. Ren’s official Twitter account is @renprotocol and its Facebook page is accessible here. Ren’s official website is renproject.io. The Reddit community for Ren is https://reddit.com/r/renproject and the currency’s Github account can be viewed here.

According to CryptoCompare, “Ren (REN) represents a significant advancement in the blockchain space, providing a decentralized platform for the secure and private transfer of assets across different blockchains. This not only facilitates greater liquidity within the DeFi ecosystem but also addresses the longstanding issue of blockchain interoperability. With its innovative approach and practical applications, Ren is poised to play a crucial role in the evolution of decentralized finance.”

Buying and Selling Ren

It is usually not currently possible to buy alternative cryptocurrencies such as Ren directly using US dollars. Investors seeking to trade Ren should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ren using one of the aforementioned exchanges.

REN/USD price chart by TradingView