coin image

Ren REN

168
Token
₹10.6311.78%
0.00000476 BTC6.58%0.00007132 ETH3.81%

Low (24h)

High (24h)

₹10.62

₹12.48

168
Token
Market Cap
₹10,618,159,500.88
Market Dominance
0.01%

REN to INR

Market Cap
₹10,618,159,500.88
Market Dominance
0.01%
Fully Diluted Market Cap
₹10,628,389,322.08
YTD (%)
-75.36%
Volume (24h)
₹2,653,579,636.10
Volume / Market Cap
0.24991
Circulating Supply
999,037,500 REN 99.90%
Max Supply
1,000,000,000
Total Supply
999,037,500
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REN to INR Price Chart



Ren (REN) Markets


Ren to Data

REN to INR price today is ₹10.63, which is Down by -11.78% over the last 24 hours. There has been an hourly Dip by -1.39%. Ren's market cap currently sits at ₹10,618,159,500.88 INR, holding up for a market cap rank at #168. The volume were at ₹2,653,579,636.10 INR Ren ranks no 168 in the market capitalization of Ren is at ₹10,618,159,500.88 and its volume for 24 hours is ₹2,653,579,636.10. Ren are under circulation, with total supply of 1000M and the Maximum supply of 1B.

About Ren

Ren (once in the past Republic Protocol) portrays itself as a private and interoperable liquidity layer for decentralized account that empowers clients to unreservedly move an incentive between blockchains in zero-learning while at the same time keeping up total protection. Ren was established in 2017 and is headquartered in Singapore. More subtleties can be found at https://renproject.io or https://twitter.com/renprotocol.

What is Ren token?

Ren is a solution provider for the P2P transfer of new and existing crypto assets all across the different blockchains. Using Ren, users can lock their cryptocurrencies and get ether to make a transaction. You can sell your crypto assets without actually selling them. How? 

Basically, Ren will lock your cryptocurrencies and give you ether to trade on their ethereum blockchain. After completing the transaction, you need to buy REN tokens in order to unlock your stored cryptocurrencies. By using this way, you can trade across all cryptocurrencies without worrying about cross-chain transactions.

 

Who are the founders of Ren?

CEO of Ren is Taiyang Zhang. Ren was founded in 2017, actually, and at that time, it was called a republic protocol, but in 2018 Ren was officially announced as a new cryptocurrency project. Taiyang has great experience in the crypto market, and they had founded crypto hedge fund Virgil capital also.
 

What Gives Ren Values?

Ren is designed to handle these overflowing new cryptocurrencies coming every single day. It is a complex platform, but it solves a huge problem of this new crypto world and creates a path to access DeFi projects easily.

REN is an ERC-20 token used to unlock the cryptocurrencies you had locked in exchange for ether. It is allowing foreign blockchain networks and crypto assets to their platform to promote the DeFi projects.

 

How to Buy Ren?

To buy any cryptocurrency, you need to open an account in the crypto exchange. Crypto exchange is a place where cryptocurrencies are trading every day. 

REN is available on many exchanges like Binance, FTX, Huobi global, Bithumb, Kraken, gate.io, Poloniex, Uniswap, OKEx, AOFEX, Probit, Bitrue, etc.

Once your account is ready, you are eligible to trade any cryptocurrency available on your exchange. Deposit the fund and trade whatever you want to. From the withdrawal option, you can get your money back.

 

How does Ren is secured?

Ren's main security component is RenVM. RenVM is a virtual machine that does computation with the help of a decentralized network without disclosing the underlying information. RenVM uses byzantine fault-tolerant protocol to help you generate ECDSA threshold keys and sign via secure multi-party computations to give you the ability not to disclose any underlying information.

 

How many coins are there in circulation?

There are 997,764,051.02 REN in circulation as of  November 2021. If you want to track your coin, you can check out the DigitalCoinPrice website, where you can build and track your portfolio, also; if you want to know more about other coins, you can get detailed information here.

 

How does the Ren work?

Ren exchanges ether for locking your cryptocurrency. Suppose you want to do a transaction with bitcoin in the ethereum blockchain; you can not do that simply. You need to sell your bitcoin and buy and ethereum based tokens in order to use the ethereum blockchain. But this process doesn't make any sense if you need to sell your bitcoin just to make a smaller transaction in the ethereum blockchain. 

That's where the Ren's role comes into play. Ren will give you ether in exchange for locking your existing cryptocurrencies in their wallet, and you can use that ether to do any transaction in the ethereum blockchain. 

Once you get your transaction done, you have to unlock your cryptocurrencies, and you can do that by buying REN token that will be used in the unlocking process of your cryptocurrency.

Using this method, not only your assets are safe, but you can actually manage to do the transaction from a completely different blockchain. 
 

Benefits of Ren

  • Cross-chain transaction
  • Avoid selling crypto assets
  • Reduces transaction complexity
  • provides a high-security transaction system
  • supports multiple types of wallet
  • Supports many crypto assets and exchanges

 

Ren Price Prediction

The current Ren to INR price is ₹10.63. In the last 24 hours, REN to INR price has gone up by -11.78%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Ren price prediction.

Portfolio Tracker

Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Ren at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.

By exchanging REN against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Ren can be earned or received in various ways. REN considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the REN, including REN to PHP, REN to INR, REN to NGN, REN to THB, REN to CAD, REN to PKR, REN to IDR , REN to EUR , REN to AUD , REN to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

There are many altcoins in the market, and investors need to clear out how altcoin differs from Ren and what it can offer by comparing all altcoins with Ren(REN). Some are Cryptonovae vs Ren, Socaverse vs Ren, Ruyi vs Ren, Shiba Universe vs Ren, Vira-lata Finance vs Ren, DEFIAI vs Ren, BlackHoleDAO vs Ren, FRED Energy vs Ren, Phant vs Ren, Kandyland DAO vs Ren.

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REN to INR Price Statistics

Ren to INR Price Today

REN to INR

₹10.63

Percentage Change ( 24h )

11.78%

₹1.86
24h High / Low

₹12.48 /

₹10.62

Trading Volume 24h

₹2,653,579,636.10

Volume / Market Cap

0.24991

Market Dominance

0.01%

Market Rank

168

Ren Market Cap

Market Cap

₹10,618,159,500.88

Fully Diluted Market Cap

₹10,628,389,322.08

Ren Price History

All Time High

₹141.76

481.77%
All Time Low

₹1.20

68583.00%

Ren Supply

Circulating Supply

999,037,500 REN

Total Supply

999,999,633 REN

Max Supply

1,000,000,000 REN

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