This article doesn’t represent investment advice and can be used for educational purposes only. To decide whether or not you should invest money in Render (RNDR or RENDER) token you should do your own research. The article can only serve as probable Render price prediction based on the current fundamentals and tech analysis. 

From this article you will learn what is the Render project, how Render token is used, what was the Render price in the past years, and what will be the Render price in 2025, 2027, 2030, and other years.

What Is Render (RNDR)?

Render (RNDR or RENDER) is a native token of the decentralized computational power marketplace and the platform for app building of the same name. Artists use Render to get computational power to render 3D and AI-generated works. Developers use Render for machine learning and building applications for cloud computation. Node runners with idle GPU power can rent out their computational power to artists and developers. 

Thanks to decentralization and high scalability Render manages to avoid downtime, high price, and other problems associated with centralized services. As Render token is crucial for the platform’s economy system, it got pretty high in terms of market cap. 

The Render whitepaper saw the light of day in 2017. The same year the project was launched by Jules Urbach. However, it was not until 2020 when the Render token became available on public markets. In 2017-2019 the company has been raising money through private sales and adjusting the service in a Testnet. Render token emerged on the market in April of 2020. 

As of August 2024, the RENDER price is $4.65. The market cap of $1.8 billion grants RENDER the position among the 50 biggest cryptocurrencies. 

Render (RNDR) Price Prediction for 2024, 2025, 2027, 2030, 2035, 2040

The table below shows the RENDER price prediction for 2024, 2025, 2027, 2030, 2035, and 2040. Besides the prediction you can see the ROI percentage. Under the table you can take a look at more detailed info concerning the future prices of the RENDER token.

YearPrice PredictionROI of your investment (if you buy the coin now)
2024$6.2229.31%
2025$9.0187.32%
2027$20.45325.16%
2030$70.11,357.38%
2035$54911,313.72%
2040$4,21087,425.99%

2024

Render Network has a busy schedule of new services and upgrades. Without a doubt, the project will keep on evolving, propelling the price up in the long-term. The RENDER price isn’t likely to regain the peak value of 2024, however, it will keep on fluctuating, exceeding the $10 mark in the uptrends. By the end of the year, the RENDER price will be slightly above $6.2. More conservative estimation outlines $6 as the average price for December of 2024.

2025

As the project will keep on rolling out updates and follow its roadmap, the RENDER token will keep on gaining value even in the relatively calm post-halving market of 2025. The RENDER price is likely to exceed the $9 mark by the end of 2025. According to a more bearish forecast, the price may not cross the $9 mark and will rather stay around the $8.2 – $8.5 level.

2027

Render will keep expanding its services in 2026 and 2027. The apps built using Render will increase the token’s outreach. Even though this period probably may not be the best for the crypto market, RENDER may double its price compared to 2025 value. We expect RENDER to gain $20 by the end of 2027 at worst. 

2030

As 2028 will see another crypto bull run associated with the BTC reward halving, RENDER will gain some extra profit in the 2028–2030 period. The token price may cross the $70 mark. 

2035

Predicting the RENDER price for 2035 and later years is harder as we don’t have enough info about the events and circumstances in the financial world of the 2030s. However, we still may forecast the RENDER price relying solely on the tech analysis. In general, we believe that crypto will get higher exposure in the mainstream and more people will use it. Such successful projects as Render will benefit from it. In 2035, the price may exceed $500 or even gain over $550.

2040

Assuming that the crypto realm will keep on booming in the future years and the Render project won’t cease its development, the RENDER price will see considerable rise. Taking the project’s outstanding use case, RENDER has a good chance of staying in the game. In 2040 the RENDER price may cross $4,000, reaching up to $4,400. 

Render (RNDR) Price Analysis for the Past Several Years

Now, let’s observe the RENDER price analysis for the past several years to better understand the current valuation of this token if compared to the historical price data. You can see the main highlights in the table below. 

DatePriceWhy the price dropped/rose to this level (what influenced the price change)
Jun 15, 2020$0.0511The price in the first day on the market
Mar 29, 2021$2.12The spring of 2021 saw a strong crypto rally. At the end of March the RENDER price exceeded $2 which was the peak until the next bull run that took place in the fall of 2021
Nov 21, 2021$7.79November of 2021 saw an unprecedented crypto rise. BTC updated its historical maximum. So did some of altcoins, including RENDER
Jun 17, 2022$0.3392022 is associated with a so-called “crypto winter.” The market was low and RENDER hit the bottom in June at 33 cents per token
May 27, 2023$2.72In the May 2023 crypto rally RENDER exceeded $2.5 before dropping below $1.5 by September
Dec 24, 2023$4.78The strongest crypto rally to date started with a short-term spike at the end of 2023. RENDER peaked at $4.78 in December of 2023
Mar 17, 2024$13.6The crypto ETF-inspired crypto rally brought Bitcoin and some other cryptocurrencies to new heights. RENDER was among those who hit the all-time high
Aug 14, 2024$4.8At the time of writing the RENDER price is $4.8. It declined following the overall market downtrend

Now, let’s resume the RENDER price trajectory and try to figure out its specifics.

One of the characteristics that make RENDER special in comparison to most other cryptocurrencies is that Render token manages to move beyond past peaks and move to new heights. While some of the top-tier tokens cannot regain the prices of 2021 or even 2017, RENDER updates its ATH value each time Bitcoin does it.

Until the end of 2022, the RENDER price was fluctuating between 50 cents and $1 (rallies aside). This situation changed in 2023. In 2023 and 2024 the token price has always been above $1. More than that, it’s safe to say that in 2023 and 2024 the RENDER price is growing faster than before.

Q&A

Is RENDER a good investment?

As mentioned above, we cannot give investment advice. What we can say is that RENDER is one of the best performing cryptocurrencies out there and serves as the native token of the groundbreaking project with a strong use case. It doesn’t mean that this token is a good investment though. Please do your own research before you decide to invest.

What will the RENDER price be in ten years?

At the time of writing, ten years from now is 2034. In 2034 the price may reach around $360.

Should you buy a RENDER token now?

If you are going to buy the RENDER token, you should remember the golden trading rule: buy low, sell high. As of August 14, 2024, the RENDER price has dropped as fallout to the overall market decline. It may be a good moment to buy the dip. However, the risk of downtrend continuation still exists. Do your own research before making the decision.

Conclusion

Render token has a big benefit of being a native token of the platform that has a really strong use case. Moreover, the token price is growing quickly, repeating some of the BTC price movements. As of August 2024, the token has around the 45th biggest market cap in the cryptocurrency industry and seems to have all chances to grow even bigger in the following years and decades.


Share:

Rate:

0 / 5. 0


Related