Home Cryptocurrency Ren (REN) Uprises to 66% In A Week Following The Launch Of Greycore Testnet

Ren (REN) Uprises to 66% In A Week Following The Launch Of Greycore Testnet

by Serge Shlykov

Ren (REN) has surged to 66% in a week after the release of Greycore Testnet, which is designed to improve usability. The project aims to build a platform that will allow users to create their own decentralized applications on top of the network.

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The ren roadmap 2021 is a blog post that was released on the Greycore website. It discusses the future of Ren.

  • Within a week, the price of REN has risen by 66 percent.
  • It’s an open mechanism for transferring value across blockchains.
  • Greycore became online on Testnet on September 13th, according to REN.

The crypto market has experienced both bullish and bearish runs in recent months, with major highs and lows. Moreover, throughout the bullish trend, major cryptocurrencies have also reached all-time highs. Other meme-currencies, such as Shiba Inu, Small Love Potion, and others, have also seen significant price increases. During the same time span, however, several well-known crypto-assets suffered a decline. 

As a result, these cryptocurrencies’ trading charts are entirely dependent on their own progress within the ecosystem. Investors, in reality, have a significant influence in the price charts of cryptocurrencies. Furthermore, it has become common for the crypto market to exhibit a bullish trend at times and a negative trend at other times. Since the market has been declining over the previous week, several cryptocurrencies have defied the trend. Ren is one such currency, which has gained 66 percent in the past week and 31 percent in the last 24 hours.

Ren (REN) is an Ethereum token that allows Ren to use the open protocol to send currency from blockchains. Ren wants popular assets like Bitcoin and Zcash to be included in blockchains like Ethereum, allowing them to participate in a multi-chain decentralized financing environment.

Situation on the Market Right Now

The current price of REN is $1.14 at the time of writing, with a 24-hour trading volume of $757,459,543. According to Coinmarketcap, the price of REN has increased by 66% in the last week and 31% in the last 24 hours. REN currently has a circulating supply of 997,764,051 and is ranked 97th.

REN’s Trading Chart

The chart shows the bullish trend that has been in place for the last week. In only seven days, the price of REN has risen from $0.71 to $1.15. The price of REN has increased by more than 120 percent in the last 30 days, according to the data. Furthermore, major exchanges like as Binance, Mandala Exchange, OKEx, Huobi Global, and FTX provide REN.

RenVM Greycore is now available on the testnet.

RenVM Greycore will be operational on Testnet on September 13th, according to Ren protocol. Greycore, a collection of nodes operated by DeFi, will serve as a semi-decentralized validator set for RenVM Testnet. Ren’s team concentrates on user money’ safety, which leads to the Greycore concept’s integration. It guarantees the security of users’ money while also transitioning RenVM to a decentralized and dependable system that will stand the test of time.

According to recent updates, the launch of Greycore Testnet may be the cause of REN’s price increase during the last week. However, given the network’s improvements, consumers anticipate more price increases. Investors may expect highs in the foreseeable future as the ecosystem continues to grow.

The ren crypto discussion is a cryptocurrency that has seen an increase in value. In a week, ren has risen from $0.00 to $0.66.

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Related Tags

  • ren crypto forum
  • ren protocol
  • ren project
  • ren medium
  • ren greycore

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