Render Token Price Prediction 2022 - 2030 -- JV BRO
Render Token Price Prediction 2022
According to our deep technical analysis on past price data of RNDR, In 2022 the price of Render Token is predicted to reach at a minimum level of $3.22. The RNDR price can reach a maximum level of $3.96 with the average trading price of $3.35.
Render Token Price Prediction 2023
The price of Render Token is predicted to reach at a minimum level of $4.75 in 2023. The Render Token price can reach a maximum level of $5.77 with the average price of $4.92 throughout 2023.
RNDR Price Forecast for 2024-2025
As per the forecast price and technical analysis, In 2024 the price of Render Token is predicted to reach at a minimum level of $6.81. The RNDR price can reach a maximum level of $8.12 with the average trading price of $7.01.
The price of 1 Render Token is expected to reach at a minimum level of $9.93 in 2025. The RNDR price can reach a maximum level of $12.01 with the average price of $10.28 throughout 2025.
Render Token Price Prediction 2026
Render Token price is forecast to reach a lowest possible level of $14.57 in 2026. As per our findings, the RNDR price could reach a maximum possible level of $17.38 with the average forecast price of $15.08.
Render Token Price Prediction 2027
According to our deep technical analysis on past price data of RNDR, In 2027 the price of Render Token is forecasted to be at around a minimum value of $21.52. The Render Token price value can reach a maximum of $25.28 with the average trading value of $22.12 in USD.
Render Token (RNDR) Price Prediction 2028
The price of Render Token is predicted to reach at a minimum value of $31.03 in 2028. The Render Token price could reach a maximum value of $37.55 with the average trading price of $32.14 throughout 2028.
Render Token Price Prediction/Forecast 2029
As per the forecast and technical analysis, In 2029 the price of Render Token is expected to reach at a minimum price value of $43.75. The RNDR price can reach a maximum price value of $53.77 with the average value of $45.36.
Render Token (RNDR) Price Prediction 2030
The price of Render Token is predicted to reach at a minimum value of $64.09 in 2030. The Render Token price could reach a maximum value of $76.12 with the average trading price of $65.90 throughout 2030
What is RNDR?
RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain, aiming to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities out. Conceived in 2009 by OTOY, inc. CEO Jules Urbach and launched in 2017, RNDR held its first public token sale in October of that same year, followed by a private sale period lasting from January 2018 – May 2018, wherein a total of 117,843,239 RNDR were sold at a price of 1 RNDR = $0.25 USD equivalent of token. During the private sale period, early adopters were onboarded onto the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network, up until its public launch on April 27th 2020.
How does RNDR work
RNDR is an ERC-20 utility token used by artists on the network to exchange for GPU compute power from GPU providers (node operators). RNDR utilizes a combination manual and automatic proof of work system, or in this case proof of render, in order to verify all art has been successfully rendered prior to payment disbursal and art release. Utilizing the inherent security properties of the Ethereum blockchain, proprietary assets are hashed upon upload and sent to nodes piecemeal for rendering. All RNDR payments are stored in escrow during rendering, and are released to node operators upon manual verification by the commissioning artist of successful work. To prevent malicious actors in both user bases, all assets rendered on the network are watermarked until payment is successfully disbursed, upon which time un-watermarked renderings may be downloaded, and all payment is held in escrow until manually verified as being correctly rendered.