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The live Ren price today is $0.40 with a 24-hour trading volume of $113.5 million. Ren is up 7.33% in the last 24 hours. If you are attracted to unique features and want to learn how and where to buy Ren, this guide is for you.
Top places to buy REN now
Binance
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
eToro
eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.
What is REN?
Ren is an open protocol built to provide interoperability and liquidity between different blockchain platforms. The protocol’s native token REN functions as a bond for those running nodes which power RenVM, known as Darknodes.
Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.
Ren is ultimately designed to overcome barriers to entry and investment for DeFi projects. As a plug-in, it allows DeFi projects to bring foreign cryptocurrency assets to their offerings.
More broadly, users can swap any token between any two blockchains without middle steps such as using so-called “wrapped” versions of tokens.
Should I buy REN today?
Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.
REN price prediction
CoinQuora is bullish on Ren. They predict it will reach $2 by the end of 2022 if the uptrend continues. In the first half of 2022, it’s going to show fast growth, up to $0.9. Then, the growth will slow down, but without major drops.
By 2024, Ren will have reached $10 thanks to anticipated partnerships and integrations, which will boost the price.
REN on social media
Token Terminal is an underappreciated resource in the DeFi space. Good to see sustainable protocols highlighted @tokenterminal
Ren is right behind Ethereum with a 29.3x P/S ratio ⚖️ pic.twitter.com/ubNvXLZhkK
— Ren (@renprotocol) February 14, 2022
This article first appeared at CoinJournal: Home
