REN Price Prediction 2023-2030
REN has been in the crypto market since 2018 but has failed to gain a top position in the cryptocurrency world. Currently, it is at the 306 position. Will it ever be able to come within the top 100? Or is REN Crypto dead? Let’s find out the answers to all your queries together!
Here’s our quick Ren price prediction, and continue scrolling to find some of the important details regarding the coin and our detailed forecasts.
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Quick REN Predictions
REN Price Prediction 2023
Based on our Ren token prediction, the crypto will trade in a range of $0.0653 to $0.159, where the former is the lowest price and the latter is the maximum price for the entire year.
REN Price Prediction 2025
In 2025, the REN crypto will reach a maximum price of $0.237, while the minimum price may be around $0.165, as per our Ren coin price prediction.
REN Price Prediction 2030
By the time it is 2030, the Ren coin will have reached an average price of $0.634, while the minimum and maximum prices may be around $0.520 and $0.748, respectively based on our REN crypto prediction.
REN Overview
What is REN Crypto?
It all began with two classmates at Australian National University by the name of Taiyang Zhang and Loong Wang deciding to work for a novel enterprise post their graduation. Soon their own-founded software company started programming for trading algorithms, becoming renowned for the expertise. The first hedge fund Virgil Capital for which Zhang sweated him the break needed.
During this journey, he also witnessed the enormous challenges and bottlenecks the investors faced while trading in cryptocurrencies. He also observed that the core reason for these hurdles was that transactions being public on blockchain also included OTC purchases, and that also governed the volatility in prices. A large exchange to wallet misleads the investors while posing trouble in OTC trading. Wealthy investors were the worst hit. So, became the genesis of REN, a compulsive origin.
Defining REN: Reliability Encased Network
Zhang decided to have the framework of Ethereum, ETH-20, for REN as an obvious choice because it thought it gave the ultimate solution for the OTC problem: the Republic protocol. Knowing Wang’s experience in coding distributed database technologies, including the invention of a coding language for blockchain, Zhang collaborated with him to redress blockchain interoperability issues.
And so, in the summer of the year 2017, the Republic Protocol was born, intended to devise a protocol for independent crypto-asset blockchains to communicate effectively. Also, having the potential of non-disclosure and complete transparency, REN moved on to become the single open protocol that facilitated movement between blockchains.
RENVM: Interoperability Redefined
To understand REN, it is essential to understand what “Dark Pool” means. As the name justifies, the pool means the purchase, and the dark means anonymous. Investors can get misled in OTC markets by buying a big amount of assets anonymously.
The central platform around which Ren operates is called RENVM, i.e., Ren Virtual Machine. All exchanges that happen on Ren across blockchains have a RENVM advantage. The Nodes are empowered by RENVM to calculate, authenticate, and process the cross-chain crypto instructions. These nodes are called “Darknodes”. The entire ecosystem of these works around a scientific algorithm that distributes the orders in small segments so that the nodes are not made aware of the entire amount of transaction. This enhances security, especially because RENVM operates on Ethereum and all transactions on processed using ERC-20.
In contrast to zero-disclosure and being an open-source, RENVM SubZero facilitates transactions entirely in a decentralized and trustless manner eliminating the possibility of any outsiders or middlemen. The crypto assets tokenized via RENVM are renBTC, renBCH, renZEC, etc., and these are also inter-transferable to the actual cryptocurrency BTC, BCH, ZEC, etc.
Additionally, RenVM is so conceptualized that it can be integrated by coders into other blockchains like Tezos. Talking about the advancements made in 2019, Wang tweeted on Medium, stating,” Official name of Republic Protocol is now REN. This shall be a landslide development in the history of REN wherein the entire pivot moves from decentralized dark pools to decentralized interoperability for blockchains.” Further developments included moving from the RENVM mainnet, named SubZero, to Chaosnet.
The last year was tough; however, not for REN. In 2020, REN focused on signing significant alliances, a consortium of DeFi companies, and projects.
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Ren: Technical Analysis & Price History
No wonder the history of REN price has been reasonably predictable. As aforesaid, REN ICO to the public, which was below 4 cents, made a dazzling debut shooting the price in May 2018 to $0.13. However, by winter 2018, the price of REN/USD fell to $0.015, which was just 1/4th of the initial ICO price of REN.
Bitcoin racing up to become a public choice in 2019 gave momentum to altcoins prices, including the price of REN, and it touched a high of $0.15. Later, in 2021, the REN token price registered an all-time high of $1.83 and then marked a roller-coaster ride as it fell to $0.3 & again recovered to hit $1.16.
After hitting this level, REN showed a continuous correction till the end of last year. Moreover, REN/USD price is still struggling at around 0.07408. In 2023, the crypto started to recover from the losses, however it is again correcting and has almost reached the same price that was in the beginning of the year 2023.
REN (REN)
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REN Price Prediction: Market Sentiments
REN, as a token, has been making significant price changes in the market. Listed on a majority of exchanges, the token shows a market cap of $73,987,759 and is currently having a circulation of 999,037,500 REN in the market. At the time of writing this article, the current price of REN is trading around $0.07406.
Even though many experts consider that the coin might record a price increase in the upcoming years. There are many who devaluate this digital asset which is a choice for millions. The techies have the following varied opinions & predictions on REN price along with its market cap to cite:
The Ren price prediction predicted by Wallet Investor states that the coin would reach a maximum price of $0.00467 by the end of 2023. They forecast that REN is a bad long term investor as the price is expected to fall further.
Wallet Investor
The Ren coin price prediction done by Digital Coin Price indicates that the coin would reach a maximum price of $0.23 by the end of 2023.
Digital Coin Price
According to AMB Crypto’s Ren token price prediction, the maximum price is anticipated to be around $0.059 at best by the end of 2025.
AMB Crypto
The Ren forecast mentioned by GOV Capital states that the coin would reach a maximum price of $0.45 by the end of 2023.
GOV Capital
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Yearly REN Price Prediction: 2023-2030
REN price prediction has truly somersaulted in the last year, totally transforming the trend from the beginning towards the end of the year. REN has had a historic journey throughout. All said and done, REN’s trend has been quite moderate, leading to a very optimistic path.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2023 | $0.0653 | $0.159 |
| 2024 | $0.130 | $0.187 |
| 2025 | $0.165 | $0.237 |
| 2026 | $0.193 | $0.278 |
| 2027 | $0.249 | $0.359 |
| 2028 | $0.318 | $0.457 |
| 2029 | $0.404 | $0.582 |
| 2030 | $0.520 | $0.748 |
REN Price Prediction 2023
As per our Ren price forecast, the REN price is predicted to have a minimum price of $0.0653 in the beginning of 2023. The expected high for the year 2023 is $0.159. The average REN price prediction for the end of 2023 is $0.112.
| Month | Minimum price | Maximum price |
|---|---|---|
| October | $0.106 | $0.151 |
| November | $0.109 | $0.156 |
| December | $0.111 | $0.159 |
REN Crypto Price Prediction 2024
As per our Ren coin price prediction, REN is predicted to cross $0.15 by the beginning of 2024. The expected high for the year 2024 is $0.187, and the low will be $0.130. The average REN price prediction for the end of 2024 is $0.159.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.130 | $0.147 |
| February | $0.147 | $0.150 |
| March | $0.150 | $0.156 |
| April | $0.153 | $0.160 |
| May | $0.156 | $0.164 |
| June | $0.160 | $0.167 |
| July | $0.163 | $0.170 |
| August | $0.167 | $0.174 |
| September | $0.172 | $0.179 |
| October | $0.174 | $0.182 |
| November | $0.170 | $0.184 |
| December | $0.176 | $0.187 |
REN Price Prediction 2025
With a bit of patience and keeping their hopes high in the long term, investors can expect a turnaround by the end of 2025, as the adoption of REN will grow exponentially, by when REN will be no more a naïve entrant in the world of cryptocurrencies, but a seasoned player at $0.201. The maximum price level would be around $0.237, while the minimum price level might be around $0.165.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.165 | $0.186 |
| February | $0.186 | $0.190 |
| March | $0.190 | $0.197 |
| April | $0.194 | $0.203 |
| May | $0.197 | $0.208 |
| June | $0.203 | $0.212 |
| July | $0.206 | $0.215 |
| August | $0.212 | $0.221 |
| September | $0.217 | $0.226 |
| October | $0.221 | $0.230 |
| November | $0.215 | $0.233 |
| December | $0.223 | $0.237 |
REN Coin Price Prediction 2026
However, the beginning of 2026 meant REN price could bid abye to all negative and pessimistic price trends for the world of cryptocurrencies, especially for the REN market; it could mean the start of an era of hopes and promises full of optimism. By the end of 2026, the REN price might cross the $0.235 price level. The maximum price level would be around $0.278, while the minimum price level might be around $0.193.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.193 | $0.218 |
| February | $0.218 | $0.223 |
| March | $0.223 | $0.231 |
| April | $0.227 | $0.237 |
| May | $0.231 | $0.244 |
| June | $0.237 | $0.248 |
| July | $0.242 | $0.252 |
| August | $0.248 | $0.259 |
| September | $0.254 | $0.265 |
| October | $0.259 | $0.269 |
| November | $0.252 | $0.273 |
| December | $0.261 | $0.278 |
REN Crypto Prediction 2027
As per the Ren price prediction data, the price of REN is expected to cross the level of $0.304. By the end of the year, Ren is expected to reach a minimum price of $0.249. In addition, the REN price might hit a maximum level of $0.359.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.249 | $0.282 |
| February | $0.282 | $0.288 |
| March | $0.288 | $0.299 |
| April | $0.293 | $0.307 |
| May | $0.299 | $0.315 |
| June | $0.307 | $0.321 |
| July | $0.312 | $0.326 |
| August | $0.321 | $0.334 |
| September | $0.329 | $0.343 |
| October | $0.334 | $0.348 |
| November | $0.326 | $0.353 |
| December | $0.337 | $0.359 |
REN Token Price Prediction 2028
REN coin might cross the $0.387 mark in 2028, as per the REN crypto price prediction. By the end of the year, Ren’s price is forecasted to record a minimum price of $0.318. In addition, the REN/USD might hit a maximum price level of $0.457.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.318 | $0.359 |
| February | $0.359 | $0.366 |
| March | $0.366 | $0.380 |
| April | $0.373 | $0.391 |
| May | $0.380 | $0.401 |
| June | $0.391 | $0.408 |
| July | $0.398 | $0.415 |
| August | $0.408 | $0.426 |
| September | $0.419 | $0.436 |
| October | $0.426 | $0.443 |
| November | $0.415 | $0.450 |
| December | $0.429 | $0.457 |
REN Prediction 2029
According to REN price prediction, the coin might hit the $0.493 mark in 2029. Ren price is predicted to register a minimum level of $0.404 and a maximum price level of $0.582 by the end of 2029.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.404 | $0.457 |
| February | $0.457 | $0.466 |
| March | $0.466 | $0.484 |
| April | $0.475 | $0.497 |
| May | $0.484 | $0.511 |
| June | $0.497 | $0.519 |
| July | $0.506 | $0.528 |
| August | $0.519 | $0.542 |
| September | $0.533 | $0.555 |
| October | $0.542 | $0.564 |
| November | $0.528 | $0.573 |
| December | $0.546 | $0.582 |
REN Coin Prediction 2030
Based on the Ren token price prediction, the price might cross the level of $0.634. By the end of 2030, Ren Crypto is expected to reach a minimum price level of $0.520. In addition, the REN price might hit a maximum level of $0.748.
| Month | Minimum price | Maximum price |
|---|---|---|
| January | $0.520 | $0.588 |
| February | $0.588 | $0.600 |
| March | $0.600 | $0.622 |
| April | $0.611 | $0.640 |
| May | $0.622 | $0.657 |
| June | $0.640 | $0.668 |
| July | $0.651 | $0.679 |
| August | $0.668 | $0.697 |
| September | $0.685 | $0.714 |
| October | $0.697 | $0.725 |
| November | $0.679 | $0.737 |
| December | $0.702 | $0.748 |
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Frequently Asked Questions
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