Render (RENDER)
The Render Network is designed to connect users looking to perform render jobs with people who have idle GPUs to process the renders. Owners would connect their GPUs to the Render Network in order to receive and complete rendering jobs using OctaneRender. Users would send RNDR to the individual performing the render work and OTOY would receive a small percentage of RNDR for facilitating the transaction and running the Render Network.
1. RENDER Basic Info
| Symbol | RENDER |
| Name | Render |
| Web Site | https://rendertoken.com |
| Wallet | -- |
| Source | -- |
| Explorer | https://explorer.solana.com/ |
| Forum | -- |
| Mining | |
| Supply | 532219654 |
| Available Supply | 517716590.05628264 |
| Market Cap | 1530887956.7964 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 532219654 |
| Release Date | 2023-11-01 |
2. RENDER Technical Info
2.1 RENDER Kline Chart Price
2.2 RENDER Technical Analysis
The price is expected to continue its downward trend in the short term, potentially reaching levels below 2.90. There might be some consolidation phases with fluctuations but the overall direction remains bearish.
The possibility of a short-term rebound cannot be completely ruled out, however, any upward movement is likely to be limited, followed by further declines.
In the medium term, the price may stabilize, with a possibility of a slight increase in volatility. The overall trend continues to lean bearish, with a possible sideways trend.
In the long term, the market will enter a relatively volatile period, with significant fluctuations, so investors need to pay close attention to the market. The overall trend still remains uncertain.
