Render Information

Render Token is a decentralized platform that facilitates the sharing of GPU power across the blockchain, aiming to transform the process of rendering digital content. By connecting artists and studios in need of rendering resources with providers who have idle computing power, Render Token enhances efficiency and reduces costs in the creative industry. This innovative approach not only democratizes access to powerful rendering technology but also opens new revenue streams for participants in the network.

Render

$7.23

Title : Render
Symbol : render
Current Price $ : 7.23 $
High 24h : 7.33 $
Low 24h : 6.48 $
Price Change 24h : 0.519332 $
Price Change % 24h : 7.73832 %
Market Cap : 3739745944
Whitepaper : http://renderfoundation.com/whitepaper
Website : http://renderfoundation.com
Community : https://rendernetwork.medium.com/
Total Volume : 235509781
Market Cap Change 24h : 264846860
Market Cap Change % 24h : 7.62171 %
Circulating Supply : 517697726.68759
Total Supply : 532457899.96759
Last Updated : 2025-01-21 23:53
All Time High (ATH) : 13.53
ATH Change % : -46.80288 %
ATH Date : 2024-03-17 16:30
All Time Low (ATL) : 0.03665669
ATL Change % : 19541.89108 %
ATL Date : 2020-06-16 13:22

more information

Unveiling Render: A Transformative Force in Digital Rendering

Render, a relatively lesser-known cryptocurrency, has been gaining attention due to its unique use case and potential within the digital rendering industry. It stands out among the myriad of digital tokens due to its specific focus on rendering, a niche yet crucial process in graphics and digital production. Understanding Render's past performance and potential future direction requires delving into its core features and the market dynamics it operates in.

A Brief Overview of Render's Journey

Render made its mark in the crypto sphere by addressing a significant gap in the rendering industry—decentralized rendering services. The coin hit its all-time high of $13.53 in March 2024, marking a significant milestone. Despite the subsequent drop to around $5.16, Render has carved a niche market by leveraging blockchain technology to facilitate rendering processes, offering a cost-effective and powerful solution compared to traditional methods.

Render's journey has also witnessed a meteoric rise from its all-time low (ATL) of a mere $0.03665669 back in June 2020, showcasing an astounding percentage increase. This impressive growth rate underscores its potential to rise again if market conditions and technological advancements align favorably. The current market cap stands at approximately $2.02 billion, with a total supply of 532,219,654 tokens, reflecting a robust community and growing usage.

The Advantages and Disadvantages of Render

Render's primary appeal lies in its revolutionary approach to decentralized rendering. By utilizing underused GPU power from participating nodes—computer graphics cards—Render provides a scalable solution for creative industries facing rendering bottlenecks. This decentralized system has the potential to lower costs substantially while improving turnaround times drastically, making it an attractive option for industries like animation, visual effects, and virtual reality.

However, Render isn't without its challenges. The reliance on a decentralized network can introduce latency and reliability issues, which can be a concern for high-stakes rendering projects. Additionally, the volatility of cryptocurrency markets means that fluctuating token values can complicate pricing structures and business models for companies using Render's services.

Looking to the Future: What Lies Ahead for Render

As the digital content and graphics industries continue to grow, Render's relevance is likely to expand. The ongoing development of its network and platform enhancements are crucial for maintaining competitiveness and addressing the inherent issues within decentralized rendering. The continued adoption of blockchain technology across various sectors may further bolster Render's position as a viable and efficient rendering solution.

Render's trajectory will be influenced by several factors, including technological advancements, market adoption, and regulatory developments. If the Render platform continues to innovate and expand its use cases beyond traditional rendering, it has the potential to see significant growth. Lowering entry barriers for smaller content creators and expanding strategic partnerships will be key aspects of sustainably scaling its reach.

In conclusion, while the future of Render is promising, it hinges on its ability to adapt and overcome the industry-specific challenges it faces. Its unique proposition within decentralized rendering could redefine the traditional rendering landscape and drive further interest from both investors and users worldwide.

General Information
from price $7
Title Render
Symbol render
Whitepaper http://renderfoundation.com/whitepaper
Website http://renderfoundation.com
Community https://rendernetwork.medium.com/
Last Updated 2025-01-21 23:53

Price Data
Current Price $ 7.23 $
High 24h 7.33 $
Low 24h 6.48 $
Price Change 24h 0.519332 $
Price Change % 24h 7.73832 %

Market Data
Market Cap 3739745944
Total Volume 235509781
Market Cap Change 24h 264846860
Market Cap Change % 24h 7.62171 %
Return on Investment (ROI) -

Supply and Availability
Circulating Supply 517697726.68759
Total Supply 532457899.96759
Max Supply -

Historical Data
All Time High (ATH) 13.53
ATH Change % -46.80288 %
ATH Date 2024-03-17 16:30
All Time Low (ATL) 0.03665669
ATL Change % 19541.89108 %
ATL Date 2020-06-16 13:22