RNDR is a new way for people who make cool 3D pictures and videos to share them with others and make money if they want to. It’s like a big online market where artists can show their work and people who want to use it can pay for it. It’s also safe and secure because it uses a special technology called blockchain. This will help make things like movies, games, and even news better and faster in the future!
Anyone who is into designing and video editing will know how much time it takes to render high-quality videos and the importance of GPU in rendering. Render Network makes it possible for you to share the power of GPUs in a decentralized manner that brings down the rendering time by a huge margin. For someone who wants to understand how much it helps, check out the following tweet. RNDR token is what makes the network decentralized.
RNDR token is on an uptrend in March 2024. So is it a good time to buy an RNDR token?
Before that, let’s learn – What is RNDR? Is it a good coin to hold? What is the RNDR price prediction for 2024 to 2030?
What is Render Network?
The Render Network is a network for distributed GPU rendering that uses advanced software from OTOY Inc. to connect individuals or organizations who need access to GPU computing power (GPU Requestors) with those who provide it (GPU Providers) in a marketplace setting.
What is Rendering?
Rendering, also known as image synthesis, is the process of creating a lifelike image or scene from a computer model. This is an essential element in many of our technological devices, such as smartphones and computers, which constantly display images, videos, and games. Renderings can range from simple 2D cartoons to complex scenes in blockbuster movies like Transformers.
The field of rendering is advancing rapidly, with recent breakthroughs allowing for instant, real-time rendering of photorealistic scenes using tens of thousands of parallel GPUs in the cloud. It’s a significant improvement from just a decade ago when rendering a single animated frame could take as long as 6.5 hours, as in the case of Ratatouille.
RNDR Details
Circulating Supply378,368,558 RNDR
Render Token | RNDR |
---|---|
Rank | #36 |
Token | RNDR |
Website | rendertoken.com |
Explorers | Ethereum 0x6de037ef9ad2725eb40118bb1702ebb27e4aeb24 Polygon 0x61299774020dA444Af134c82fa83E3810b309991 |
Tags | Art, Media, AI & Big Data, Distributed Computing |
Price (RNDR) | $9.69 |
Market Cap | $3,646,333,426 |
Max Supply | 536,870,912 RNDR |
Total Supply | 531,039,933 RNDR |
What are RNDR tokens and what are their use-cases?
RNDR token is a cryptocurrency that facilitates the rendering and streaming of complex virtual works by enabling GPU-based render jobs to be distributed and processed on a peer-to-peer network. This will simplify the transactional process of rendering and streaming 3D environments, models, and objects for end users.
RNDR token Use Cases
The Render Network, powered by RNDR, will also expand to include crowd-sourced 3D projects and digital rights management, creating a marketplace to fund digital ideas, assets, and applications that are accessible to anyone.
The Render Network (RNDR) token has diverse applications across multiple industries, enhancing processes with its decentralized rendering capabilities:
- Entertainment: RNDR facilitates high-quality rendering for visual effects, animation, and post-production in the entertainment sector, streamlining workflows for filmmakers and animators.
- Virtual Reality: The token has been instrumental in creating immersive VR experiences, exemplified by its use in the Emmy-nominated VR series, “The Walking Dead: Saints & Sinners,” offering users enhanced realism and engagement.
- Architecture: Architects leverage RNDR for rendering 3D designs, allowing them to present photorealistic models of projects to clients, thus improving communication and visualization of proposed designs.
- Gaming: In gaming, RNDR enables the rendering of lifelike visuals in real-time, contributing to more immersive gaming experiences with superior graphics and performance.
- Scientific Research: The network supports scientific endeavors by facilitating the quick rendering and processing of complex data simulations, such as molecules and proteins, aiding in visualization and analysis for research and innovation.
In summary, RNDR powers a wide range of applications from entertainment and VR to architecture, gaming, and scientific research, providing efficient, high-quality rendering solutions that drive innovation and enhance user experiences across these fields.
RNDR Technical Chart Analysis: March 2024 – Will RNDR reach 20$?
The technical analysis of RNDR ($Render) provided outlines a classic “Power of 3” pattern observed in its price movements, which include “Accumulation,” “Manipulation,” and “Expansion” phases. Here’s a summary:
Accumulation Phase: RNDR experienced a significant surge of over 300%, followed by a consolidation period lasting two months. During this phase, the price found support within a $7.2-7.8 range, indicative of accumulation where investors start buying the stock without causing a significant price movement.
Manipulation Phase: This phase typically involves price movements that can mislead or confuse investors about the market’s direction. The analysis suggests RNDR displayed strength during downside deviations, particularly holding above a previous resistance level at $7.23, which could be seen as manipulation where the market tests the resolve of the accumulation phase buyers.
Expansion Phase: The analysis indicates that RNDR is entering an expansion phase, characterized by a clear high time frame (HTF) upward direction. Pullbacks are expected, but these are viewed as buying opportunities, reinforcing the bullish outlook.
The next major target for RNDR is projected to be $20, with the path to this level being relatively clear aside from a minor anticipated resistance at the previous all-time high (ATH) of $9.6. However, the ATH is not seen as a significant obstacle; it’s considered more of a “refuel station” before the price aims to test the psychological barrier at $20.
In short, the technical analysis suggests a bullish outlook for RNDR, emphasizing strength in its current consolidation phase and signaling potential for significant upward movement. RNDR token investors are advised to view any major dips as opportunities, with the anticipation of reaching and potentially surpassing the $20 mark as the next major milestone.
RNDR Ecosystem
RNDR Token Price Prediction 2024
When | Maximum Price | Minimum Price |
March 2024 | $11.412 | $9.510 |
April 2024 | $10.375 | $8.645 |
May 2024 | $9.431 | $7.860 |
June 2024 | $9.620 | $8.017 |
July 2024 | $11.544 | $9.620 |
August 2024 | $12.929 | $10.774 |
September 2024 | $13.188 | $10.990 |
October 2024 | $13.847 | $11.539 |
November 2024 | $15.232 | $12.693 |
December 2024 | $18.278 | $15.232 |
RNDR Price Prediction 2025
When | Maximum Price | Minimum Price |
January 2025 | $20.106 | $16.215 |
February 2025 | $21.165 | $15.118 |
March 2025 | $23.281 | $18.775 |
April 2025 | $18.625 | $13.303 |
May 2025 | $20.244 | $16.326 |
June 2025 | $24.293 | $17.352 |
July 2025 | $23.817 | $19.207 |
August 2025 | $28.580 | $20.414 |
September 2025 | $31.438 | $25.353 |
October 2025 | $28.580 | $20.414 |
November 2025 | $29.152 | $23.510 |
December 2025 | $32.067 | $22.905 |
RNDR Token Price Prediction 2026
When | Maximum Price | Minimum Price |
January 2026 | $38.480 | $31.033 |
February 2026 | $30.784 | $21.989 |
March 2026 | $23.680 | $19.097 |
April 2026 | $21.312 | $15.223 |
May 2026 | $19.181 | $15.469 |
June 2026 | $14.755 | $10.539 |
July 2026 | $12.194 | $9.834 |
August 2026 | $9.453 | $6.752 |
September 2026 | $11.816 | $9.529 |
October 2026 | $14.770 | $10.550 |
November 2026 | $16.247 | $13.102 |
December 2026 | $18.196 | $12.997 |
RNDR Price Prediction 2027
When | Maximum Price | Minimum Price |
January 2027 | $21.836 | $17.609 |
February 2027 | $17.468 | $12.477 |
March 2027 | $15.880 | $12.807 |
April 2027 | $13.498 | $9.642 |
May 2027 | $11.339 | $9.144 |
June 2027 | $8.722 | $6.230 |
July 2027 | $6.978 | $5.627 |
August 2027 | $5.409 | $3.864 |
September 2027 | $6.761 | $5.453 |
October 2027 | $8.452 | $6.037 |
November 2027 | $9.297 | $7.497 |
December 2027 | $10.412 | $7.437 |
RNDR Price Prediction 2028 to 2030
When | Maximum Price | Minimum Price |
January 2028 | $12.495 | $10.076 |
February 2028 | $9.996 | $7.140 |
March 2028 | $9.087 | $7.328 |
April 2028 | $7.724 | $5.517 |
May 2028 | $6.488 | $5.232 |
June 2028 | $5.898 | $4.213 |
July 2028 | $7.373 | $5.946 |
August 2028 | $9.511 | $6.794 |
September 2028 | $11.889 | $9.588 |
October 2028 | $14.861 | $10.615 |
November 2028 | $16.347 | $13.183 |
December 2028 | $18.309 | $13.078 |
January 2029 | $12.632 | $10.187 |
February 2029 | $14.861 | $10.615 |
March 2029 | $18.576 | $14.981 |
April 2029 | $22.115 | $15.796 |
May 2029 | $24.038 | $19.385 |
June 2029 | $28.845 | $20.604 |
July 2029 | $27.472 | $22.155 |
August 2029 | $22.893 | $16.352 |
September 2029 | $28.616 | $23.078 |
October 2029 | $35.771 | $25.550 |
November 2029 | $39.348 | $31.732 |
December 2029 | $44.069 | $31.478 |
January 2030 | $42.925 | $34.617 |
February 2030 | $51.510 | $36.793 |
March 2030 | $49.057 | $39.562 |
April 2030 | $40.881 | $29.200 |
May 2030 | $51.101 | $41.210 |
June 2030 | $63.876 | $45.626 |
July 2030 | $70.264 | $56.664 |
August 2030 | $78.695 | $56.211 |
September 2030 | $76.651 | $61.815 |
October 2030 | $91.981 | $65.701 |
November 2030 | $87.601 | $70.646 |
December 2030 | $73.001 | $52.144 |
Looking ahead to the years 2028 through 2030, the commodity market is poised for significant fluctuations. In 2028, December is expected to see prices peak at $18.309, driven by increased demand or supply constraints, while June may witness a low of $4.213 due to oversupply or subdued demand.
In 2029, December could mark another peak at $44.069, propelled by robust demand or supply disruptions, while January may see prices dip to $12.632, potentially signaling a market correction or subdued demand.
Moving to 2030, October is projected to be the pinnacle month with prices soaring to $91.981, influenced by geopolitical instability or shifts in demand. Conversely, April may see prices drop to $29.200, indicating potential oversupply or market corrections.
How to buy RNDR token?
You can buy RNDR tokens from top-tier exchanges like Binance, Coinbase, and Kucoin.
If you are a fan of decentralized exchange, you can buy from Uniswap or Quickswap. The token is available on Polygon or the Ethereum network. To save the gas fee, you are advised to buy on the Polygon network.
Also read: Can BTC reach 100,000 USD?
FAQs
Can RNDR reach 10USD in 2024?
According to our price prediction, RNDR can at max reach $18.278 in 2024.
What is the RNDR price prediction for 2025?
2025 is a year of bull. RNDR token is expected to trade in between $13.303 and $32.067.
What is the RNDR price prediction for 2030?
RNDR price prediction 2030 suggests the RNDR token could be trading in between $29.200 and $91.981.
Is RNDR a good investment in 2024?
I like RNDR as it provides a decentralized rendering solution that could be used by artists, designers, and other creative professionals to render high-quality images and videos without relying on centralized providers, which could potentially save them time and money while also giving them greater control over the rendering process.
The technology behind RNDR, including OctaneRender and ORBX Media, positions it as a leader in offering efficient, cost-effective, and high-quality rendering solutions. This potential is especially relevant as the demand for such services is expected to grow with advancements in technology and digital media. With the growth of AI, RNDR is expected to see a major upside in 2024 and more.
At the current trading price, I think RNDR is a good investment to make. I added a small amount of RNDR tokens to my short-term portfolio, which I plan to sell at a 200% gain. If you plan to invest in RNDR in March or April 2024, make sure not to put a large chunk of your portfolio in this altcoin. I would not be putting any more than 0.05% of my entire network.