intermediate
REN is a protocol aimed at solving blockchain issues such as compatibility and privacy. It creates completely secure financial applications. The REN developers sought to provide liquidity between different decentralized applications so that they could benefit each other and users.
REN cryptocurrency rate showed its ups and downs throughout the history of the coin. In March 2020, the price of crypto rose again. What is the future of REN? Find out in the Ren cryptocurrency price prediction for the next five years.
Ren (REN) Overview
Our real-time REN to USD price update shows the current Ren price as $0.077527 USD.
According to our Ren price prediction, REN price is expected to have a -7.31% decrease and drop as low as by May 22, 2023.
Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 90%, with a Fear & Greed Index score of 48 (Neutral).
Over the last 30 days, Ren has had 16/30 (53%) green days and 9.19% price volatility.
Ren (REN) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Ren (REN) Price Prediction For Today, Tomorrow and Next 30 Days
Ren Prediction Table
Ren Historical
According to the latest data gathered, the current price of Ren is $$0.08, and REN is presently ranked No. 305 in the entire crypto ecosystem. The circulation supply of Ren is $77,767,739.22, with a market cap of 999,037,500 REN.
In the past 24 hours, the crypto has increased by $0.00021 in its current value.
For the last 7 days, REN has been in a good upward trend, thus increasing by 4.85%. Ren has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of REN has increased by 22.84%, adding a colossal average amount of $0.02 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Ren Price Prediction 2023
According to the technical analysis of Ren prices expected in 2023, the minimum cost of Ren will be $0.0563083686. The maximum level that the REN price can reach is $0.0751719821. The average trading price is expected around $0.0940355955.
REN Price Forecast for May 2023
Based on the price fluctuations of Ren at the beginning of 2023, crypto experts expect the average REN rate of $0.0722092784 in May 2023. Its minimum and maximum prices can be expected at $0.0699270066 and at $0.0744915501, respectively.
June 2023: Ren Price Forecast
Cryptocurrency experts are ready to announce their forecast for the REN price in June 2023. The minimum trading cost might be $0.0563083686, while the maximum might reach $0.0907323259 during this month. On average, it is expected that the value of Ren might be around $0.0735203472.
REN Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of Ren in 2023 and in previous years, so the average REN rate they predict might be around $0.0925491242 in July 2023. It can drop to $0.0910626528 as a minimum. The maximum value might be $0.0940355955.
August 2023: Ren Price Forecast
In the middle of the year 2023, the REN price will be traded at $0.0932544803 on average. August 2023 might also witness an increase in the Ren value to $0.0935711486. It is assumed that the price will not drop lower than $0.092937812 in August 2023.
REN Price Forecast for September 2023
Crypto experts have analyzed Ren prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $0.092610588. The lowest and peak REN rates might be $0.0923044753 and $0.0929167007.
October 2023: Ren Price Forecast
Crypto analysts expect that at the end of summer 2023, the REN price will be around $0.0919666957. In October 2023, the Ren cost may drop to a minimum of $0.0916500274. The expected peak value might be $0.0922833641 in October 2023.
REN Price Forecast for November 2023
Having analyzed Ren prices, cryptocurrency experts expect that the REN rate might reach a maximum of $0.0916289162 in November 2023. It might, however, drop to $0.0910166908. For November 2023, the forecasted average of Ren is nearly $0.0913228035.
December 2023: Ren Price Forecast
In the middle of autumn 2023, the Ren cost will be traded at the average level of $0.0906789112. Crypto analysts expect that in December 2023, the REN price might fluctuate between $0.0903622429 and $0.0909955795.
Ren Price Prediction 2024
After the analysis of the prices of Ren in previous years, it is assumed that in 2024, the minimum price of Ren will be around $0.139986. The maximum expected REN price may be around $0.169983. On average, the trading price might be $0.149985 in 2024.
Ren Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of Ren, in 2025, REN is expected to have the following minimum and maximum prices: about $0.209979 and $0.249975, respectively. The average expected trading cost is $0.219978.
Ren Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of Ren and their fluctuations during the previous years. It is assumed that in 2026, the minimum REN price might drop to $0.319968, while its maximum can reach $0.359964. On average, the trading cost will be around $0.329967.
Ren Price Prediction 2027
Based on the analysis of the costs of Ren by crypto experts, the following maximum and minimum REN prices are expected in 2027: $0.549945 and $0.439956. On average, it will be traded at $0.449955.
Ren Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of Ren. Based on their predictions, the estimated average REN price will be around $0.629937. It might drop to a minimum of $0.609939, but it still might reach $0.749925 throughout 2028.
Ren Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of Ren. It is estimated that REN will be traded between $0.879912 and $1.04 in 2029. Its average cost is expected at around $0.909909 during the year.
Ren Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the Ren’s price. The year 2030 will be determined by the maximum REN price of $1.55. However, its rate might drop to around $1.25. So, the expected average trading price is $1.30.
Ren Price Prediction 2031
After years of analysis of the Ren price, crypto experts are ready to provide their REN cost estimation for 2031. It will be traded for at least $1.87, with the possible maximum peaks at $2.20. Therefore, on average, you can expect the REN price to be around $1.94 in 2031.
Ren Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the Ren’s price. The year 2032 will be determined by the maximum REN price of $3.26. However, its rate might drop to around $2.66. So, the expected average trading price is $2.73.
Ren (REN) Fundamental Values
REN can integrate with other blockchains and promotes new and old applications dApps, dApps, and DEXs. In this network, compatibility is distinguished by the following features:
Natural integration with existing and new smart contracts, regardless of which blockchain they are created on.Zero knowledge. Using Zcash as part of an Ethereum contract does not require compromising Zcash’s zero-knowledge properties.Simplicity. No need to use special transactions or wallets.Scenarios that do not disclose information about yourself – inputs, status, outputs. These scenarios respond to events occurring in various chains and forward payments to different blockchains.
The system is built on the RenVM decentralized virtual machine, which is similar to the blockchain. It is equipped with Byzantine fault tolerance mechanisms. Any user can start a node on their computer and start supporting the network. Some features can even be performed offline.
There are three basic principles of virtual machine architecture:
Decentralization. RenVM cannot be censored or controlled by any central authority. Everyone can activate the instructions built into the virtual machine, run their scripts, provide power to the network for a fee.Byzantine fault tolerance. The architecture is designed so that if 1/3 of the participants are not conspiring among themselves, then the instructions will be executed correctly, and the script parameters will be kept secret.Mobility. Failure is less than one-third of all devices that cannot result in loss of information from RenVM. Also, such failures are not an obstacle to the correct execution of tasks.
REN cryptocurrency uses the Tendermint consensus algorithm, characterized by several rounds of voting and fixing the height of the transaction block.
When entering the round, the leader offers a block of transactions. If the block is invalid, then Tendermint guarantees the addition of the next round and the election of a new leader.
Ren (REN) Price Analysis
According to the latest data gathered, the current price of Ren is $$0.08, and REN is presently ranked No. 305 in the entire crypto ecosystem. The circulation supply of Ren is $77,767,739.22, with a market cap of 999,037,500 REN.
In the past 24 hours, the crypto has increased by $0.00021 in its current value.
For the last 7 days, REN has been in a good upward trend, thus increasing by 4.85%. Ren has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of REN has increased by 22.84%, adding a colossal average amount of $0.02 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
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FAQ
Ren price now
As of now, Ren (REN) price is $0.08 with Ren market capitalization of $77,676,193.05.
Is Ren a good investment?
Considering current bearish trend in Ren price movements, it is expected the cryptocurrency will continue meeting price decline. Please, invest wisely and don’t forget to DYOR when investing in any type of asset.
Can Ren rise?
It seems that the average price of Ren might reach $0.09999 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $0.449955. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will Ren be worth 2023?
REN minimum and maximum prices might hit $0.0969903 and $0.119988 accordingly.
How much will Ren be worth 2025?
Ren network is developing rapidly. REN price forecast for 2025 is rather positive. The REN average price is expected to reach minimum and maximum prices of $0.209979 and $0.249975 respectively.
How much will Ren be worth 2030?
REN is provided with suitable environment to reach new heights in terms of price. REN price prediction is quite positive. Business analysts predict that REN might reach the maximum price of $1.55 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $1.30
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
