Render Token RNDR is a distributed GPU rendering network built on top of the Ethereum blockchain, created to connect artists and studios with mining partners willing to rent their GPU capabilities out. It is an ERC-20 utility token used by artists to exchange for GPU compute power from GPU providers.
RNDR utilizes a manual and automatic proof of work system to verify successful art rendering prior to payment disbursal and art release. The RNDR team is backed by OTOY and advisory board members such as Ari Emanuel, JJ Abrams, and Brendan Eich have advised RNDR in bridging the gap between cryptocurrency communities and Hollywood studio production pipelines.
Render Token Current Price
Current price of Render Token (RNDR) is currently traded from $1.16, %5.15 down d/d. Current market cap of Render Token is $419.665.235, ranked 90th according to Coinmarketcap. 24H trading volume is $37.869.780 today.
Render Token Price Prediction for 2023
The RNDR price prediction for 2023 predicts a substantial increase in the second half of the year, possibly reaching $2.11.
The climb will be moderate, much like with other cryptocurrencies, but no significant declines are anticipated. Although $1.97 is quite an aggressive pricing target, it is doable in the near future due to planned collaborations and developments. The minimum value of RNDR is anticipated to be $1.69.
Render Token Price Prediction for 2025
RNDR might make money if the upward trend lasts until 2025 when it reaches $4.93. The objective might not be accomplished if the market declines. In 2025, it is anticipated that RNDR will trade for an average price of $4.50 and a low of $4.22.
Render Token Price Prediction for 2030
Render will finally surpass its previous ATH values and set new pricing records by the year 2030. The price ranges from $11.26 at the lowest point to $11.96 at its highest point, averaging out at $11.54.
Here is a detailed price prediction table for you:
| Year | Minimum Price | Average Price | Maximum Price |
| 2023 | $1.69 | $1.97 | $2.11 |
| 2024 | $2.81 | $3.10 | $3.52 |
| 2025 | $4.22 | $4.50 | $4.93 |
| 2026 | $5.63 | $5.91 | $6.33 |
| 2027 | $7.04 | $7.32 | $7.74 |
| 2028 | $8.44 | $8.73 | $9.15 |
| 2029 | $9.85 | $10.13 | $10.55 |
| 2030 | $11.26 | $11.54 | $11.96 |
