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:

  1. Entertainment: RNDR facilitates high-quality rendering for visual effects, animation, and post-production in the entertainment sector, streamlining workflows for filmmakers and animators.
  2. 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.
  3. 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.
  4. Gaming: In gaming, RNDR enables the rendering of lifelike visuals in real-time, contributing to more immersive gaming experiences with superior graphics and performance.
  5. 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

The RNDR ecosystem, powered by OTOY’s Render Network, encompasses a suite of innovative technologies and platforms designed to revolutionize the 3D content creation and rendering landscape. At its core, OctaneRender offers a GPU-based rendering application that delivers high-quality, physically accurate renders at remarkable speeds, supporting features like particulate matter rendering and real-time noise-free images. This is complemented by ORBX Media, an open-source framework that enables seamless transfer and streaming of 3D content across various devices and cloud platforms, enhancing accessibility and user experience.

The RNDR Marketplace further enriches the ecosystem by providing a decentralized platform for trading 3D rendering services, utilizing RNDR tokens as currency, and employing a multi-tier pricing protocol to match jobs with Node Operators based on reputation scores, ensuring quality and efficiency.

Additionally, the RNDR SDK offers developers the tools to build decentralized applications on the Render Network, fostering innovation and the creation of immersive 3D applications. Together, these components form a comprehensive ecosystem that not only democratizes access to high-quality rendering services but also fosters a community of creators, developers, and users engaged in the cutting-edge field of digital content creation.

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

Looking forward to March 2024, it is anticipated that the maximum price of RNDR will climb to $11.412, with the minimum price expected to stabilize around $9.510. As April unfolds, there may be a slight dip in prices, with projections indicating a maximum of $10.375 and a minimum of $8.645. Throughout the year, fluctuations may occur, but by December 2024, RNDR is forecasted to experience a significant surge, reaching a maximum price of $18.278 and a minimum of $15.232, representing a notable increase from earlier months.

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

Looking ahead to January 2025, RNDR is forecasted to see a maximum price of $20.106, with the minimum price projected to be around $16.215. As February approaches, there’s an anticipation of further growth, with the maximum price expected to rise to $21.165 and the minimum to $15.118. March 2025 is poised to witness a substantial surge in RNDR prices, with forecasts indicating a maximum of $23.281 and a minimum of $18.775. By December 2025, RNDR is projected to hit its peak for the year, with a maximum price of $32.067 and a minimum of $22.905, reflecting significant gains compared to earlier months.

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.