Many crypto coins or tokens experienced very, very drastic increases in 2021, such as BTC, ETH, BNB, SOL, even REN also experienced increases in the same year.📉📈
Discussing REN, historical records of REN prices that occurred in 2021 experienced a drastic increase and a drastic decrease, but this was immediately followed by experiencing a drastic increase – still in the same year.🎢
According to CoinMarketCap, REN experienced an increase until its peak on February 21 2021 for the first time when it touched a price of US$1.4121. And as time went by, it also decreased to its lowest point, namely on July 19 2021, which touched a price of US$0.3125. However, it also experienced an increase until it reached the price of US$1.2132 which was recorded on October 4 2021.🎢🚀
Actually, what is Ren? Looking at the website, Ren is a distributed network that allows the movement of value between blockchains. Currently Ren is in its first version, Ren 1.0 (First Version) is claimed to be the 1st interoperability protocol that is widely used with Bitcoin support.🪙⚙️⛓️
It is also reported that Ren is predicted to launch Ren 2.0 (Second Version). The website says that Ren 2.0 will be coming soon, but the launch date is not yet known.⚙️
REN with a price that can be said to be not too high, namely at US$0,056 which was recorded on January 20 2024 and added that Ren 2.0 has not yet been released. Will REN be able to follow upward price movements like the increase in BTC?.🚀❓
And what would it look like if Ren 2.0 had launched in the blockchain world which wants to approach the Bitcoin Halving era? Or the launch after the Bitcoin Halving? These questions are still big question marks for crypto fans around the world.❓❓
Disclaimer: This article is not financial advice, the author is not a financial advisor. All investment and trading activities are your own decisions and your own responsibility. Please do your own research.
