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REN Price in EUR
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Ren price overview

The current Ren price is loading EUR. The price has changed by EUR in the past 24 hours on trading volume of loading EUR. The market rank of Ren is based on a market capitalization of loading EUR. Ren has a circulating supply of loading. The highest recorded Ren price is loading EUR. And the lowest recorded REN price is loading EUR.

How do Ren price movements correlate with market trends? Check our comprehensive cryptocurrency price page for information at a glance.

REN is a cryptocurrency that empowers a global network of users to interact with each other despite having tokens on various blockchain networks. Normally, if a user wants to move value from one blockchain to another they need a middle-man or an exchange to convert their tokens across networks. 

REN allows users to lock their Bitcoins – or other digital assets – inside a smart contract, and receive the equivalent amount of ETH in return. This lets users speculate or participate in dApps on the Ethereum network without actually having to sell their existing assets first. 

But what benefits do users really get from this inter-blockchain liquidity, and how does that affect the price of REN? If you’ve ever wondered this, then you’re in the right place. We’ve compiled everything you need in order to get a better understanding of the intricacies of Ren’s price – and the factors that influence it.

REN Price History

RenVM (REN) had an Initial Coin Offering (ICO) in February 2018. REN raised $34 million USD in funding over two rounds after selling 602 million REN for 34,000 ETH to participants. This investor list included Polychain Capital, FBG Capital, Hyperchain Capital, Synapse Capital, Huobi Capital, Limitless Crypto Investments, and BlockVC. 

The team made a strategic reserve fund with an allocation of 199 million REN. 99 million REN was divided amongst the team, advisors, and the founders – and the additional 100 million REN was allocated for early adopters, partnerships, and community development. 

The price of REN has been dependent on market sentiment, utility, and adoption by users of the platform. REN launched in 2018 with an initial ICO price of $0.06 USD. Released during the market slump after the 2017 bullrun, REN has been slow to gain momentum, ranging between $0.03 USD and $0.12 USD after launch until the market crashed in December of 2018. Following the overall cryptocurrency market crash of 2018, REN reached its personal all-time low at $0.01548 USD on Feb 25 2019 due to general sentiment and fear in the markets.

REN rose slightly from Feb 25th and continued to range in price between $0.03 USD and $0.13 USD before finally breaking above $0.13 USD on June 23rd, 2020. This momentum was matched with an overall bull market trend that continued until REN reached an all-time high of $1.80 USD on Feb 19th, 2021, driven primarily by buyers’ speculation and their fear of missing out.

On February 19th, 2021, REN reached a new all-time high volume of REN exchanged, with over 900,000,000 REN being traded on the markets. However, buyers were unable to sustain REN’s $1.80 price and sellers quickly took control bringing REN’s price down to the $1 range where it has continued to trend in 2021 according to market sentiment. 

Sentiment varies with many buyers and speculators remaining optimistic that the 2021 bullrun will continue and REN will keep growing. Whether or not this is true remains to be seen, but analyzing the past may provide better insight.

Analyzing REN Price History

The price history of RenVM (REN) can be analyzed with many of the same techniques as stock market analysis. Technical analysis (TA) involves looking at the charts to make sense of previous price movements. With REN, as with many other tradable assets, major price swings are often accompanied by spikes in trading volume, as a large number of users buy or sell their coins on exchanges.

Fundamental analysis, on the other hand, looks at the finances and activities of a company, as well as the state of the wider market and economy. One of the major fundamentals affecting price is the economics of the token itself – the fact that REN has a fixed supply is of particular importance as this makes it a scarce asset and potential hedge against fiat inflation. Things such as new governmental regulations and companies accepting REN are also considered important fundamental events that can impact price.

The overall price trend of REN tends to follow a boom-and-bust cycle, where a period of growing excitement and adoption leads to a surge in price before doubt and disillusionment result in a crash. REN also shows additional support whenever it has a large increase in users due to its utility for a particular event. 

Factors Influencing The Price of RenVM (REN)

A myriad of different factors affects the price of REN. As mentioned before, REN has a fixed total supply so is not subject to inflation like fiat currencies. This means that it is likely to be a better long-term store of value than, say, USD. 

The price of REN also sometimes moves with or in response to changes in the wider economy, with users seeing large and volatile shifts in REN’s valuation due to market sentiment. This can be seen after the launch in 2018 and the price action prior to 2021.

Project developments and news are further drivers of price. For RenVM, project developments include market adjustments and updates to the protocol. Meanwhile, the news that affects RenVM often concerns product utility, updates, and regulations – when dApps and large merchants accept or incorporate REN it can have a positive impact on the price, while regulations banning it could have the opposite effect.

Adoption by investors is another clear contributor to RenVM’s value, as the more demand there is for REN, the higher its price will rise in turn. Users need to own 100,000 REN to host darknodes, so if there are a large number of users that want to participate this will, in turn, reduce the available supply.

In 2020 and 2021 there have been many headlines about companies such as MicroStrategy, Square, and Tesla making large cryptocurrency purchases. In addition to lowering the supply available on the open market, institutional investment in RenVM could inspire confidence in the cryptocurrency and encourage more retail investment – which is still an important driver of REN’s price.

Live REN Value and Market Cap

The live price of RenVM (REN) varies from moment to moment as it’s dictated by the balance of buyers and sellers on exchanges, which is in constant flux. 

Given REN’s volatility, its live price can change by a large amount in a very short space of time. The market cap of REN is equal to the price of REN multiplied by the number of REN in circulation.

RenVM Price FAQ

What is the highest Ren price in EUR?

Ren price history shows that REN has recorded a peak value of loading EUR.

What is the lowest Ren price in EUR?

REN price history shows that loading EUR EUR is the lowest recorded Ren value.

How can I buy Ren?

You can purchase Ren and over 290 different cryptocurrencies in seconds with Kriptomat, learn more about how to buy Ren. It’s available for immediate purchase at the current REN price quote of loading EUR. Current prices are always displayed in the REN chart.

What is the current Ren price in EUR?

Kriptomat data confirms that the current Ren price is loading EUR.

How is the price of REN calculated?

REN’s price at any given time is decided by the balance of supply and demand on exchanges. When more people are buying RenVM (REN) than selling it, the price goes up, and when more are selling than buying, the price goes down.

Why is the price of RenVM different on different cryptocurrency exchanges?

REN’s price is based purely on trading as there is no standard global REN price, so no one knows what it is “supposed” to cost. The trading volume and liquidity are different for each exchange and those differences are what affect the price.

How does staking work?

The REN token can be staked as a sort of bond, in order to run a Darknode. The requirement for running a Darknode is 100,000 REN. Each Darknode earns rewards for contributing to the network. 

When will the max supply be reached?

No new REN is being issued. The entirety of REN’s supply was issued at ICO and any tokens not circulating are reserved in the team’s budget. 

What will REN be worth in the future?

The price of RenVM (REN) may be affected by a myriad of changes in the future, including new regulations, the rate of adoption by retail, the sentiment of institutional investors, and the rollout of scalability solutions or other updates.

Analysts’ future price predictions vary wildly depending on the source and the sentiment or investment of the author. Several models and tools are used by traders and firms to predict the price of REN and other cryptocurrencies, such as stochastic oscillators, moving averages, and more complex strategies like the Stock-to-Flow model or Golden Cross. 


With an ever-increasing amount of blockchains and tokens being released onto the market, RenVM is an answer to any Bitcoin holder or DeFi user who wants liquidity on Ethereum. The REN network itself is composed of Darknodes which provide additional security and privacy, allowing users to transact without being front-run by bots or malicious actors. RenVM users also aren’t required to trust any third parties to use the protocol, which makes it reliable and safe.

RenVM aims to bring the blockchain space into the next era of DeFi with its private order books and accessible liquidity. However, competitors and technical challenges may hinder the platform as it continues to grow. Recent trends in the market are promising for REN, and the network shows a continued and steady growth in users. 

If you want to get started with the most user-friendly trading experience on the market, register with Kriptomat today to begin your journey into the world of REN and cryptocurrencies!

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This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of the author or service. Any investment or trading is risky, and past returns are not a guarantee of future returns. Risk only assets that you are willing to lose.
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