Cryptocurrency Render Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Render (CRYPTO: RNDR) has experienced a 3.52% price drop in the past 24 hours, continuing a week-long negative trend with a 4.0% loss. Trading volume has decreased by 15.0% over the past week, while the circulating supply has increased by 0.46%. The current market cap is $2.90 billion, ranking RNDR at #35.
June 21, 2024 | 7:01 pm
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Render (CRYPTO: RNDR) has seen a 3.52% price drop in the past 24 hours, continuing a week-long negative trend with a 4.0% loss. Trading volume has decreased by 15.0% over the past week, while the circulating supply has increased by 0.46%. The current market cap is $2.90 billion, ranking RNDR at #35.
The price drop of 3.52% in the past 24 hours and a 4.0% loss over the past week indicate a negative trend for Render. The decrease in trading volume by 15.0% suggests reduced investor interest, while the increase in circulating supply by 0.46% could lead to further price pressure. These factors combined are likely to negatively impact the short-term price of RNDR.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100