Bitcoin Forum

"Render Coin" typically refers to Render Network's native utility token, used within the Render platform. Render is a decentralized cloud platform that allows users to deploy, scale, and manage applications and services. Render Coins facilitate transactions within the Render ecosystem, including payments for services, rewards, and governance participation.

Do you think it’s overrated (currently at above 10 USD)? Or is it still worth DCAing?

Nobody opinion on render?

I think that if you want to invest in this render that it would be a good idea. It seems to be showing a bullish trend and it is not spiking up too quick which gives me the impression that its investors are real and genuine and that this is not just your usual pump and dump scheme. We can expect this project to be in the crypto for many years to come.

It's already 100 times increased from the time it was launched in 2020. If you think that DCAing this coin then you do it because you seem to be knowledgeable about it. I didn't know that it's part of the top 25 until you mentioned it. I guess most of us are focused with the popular ones and this is a popular one based on the market cap that it has got. If it has got a legitimate project that's about cloud computing then there's some future about it as most storage are going cloud.

We overcome our races with simplicity. Render is not some random pump and dump scheme in the system, we just have to thoroughly make findings before executing on these projects. There are overrated projects in the market but it doesn't mean we shouldn't focused on the actual planning and investment on our radar. Not all projects investors should jump upon. There always good techniques to make good use of and witnessing profits becomes stable and straight for us all.

https://i.postimg.cc/hPhgvzhX/sdtjtjgtj.png

The better to take a look at the chart. Are you willing to buy it at the top? Look at how big the marketcap owned by render. It's impossible for the token to go to the moon again after it has reached the new ATH.
Im not saying it's overrated but this token obviously overvalued at this moment. It's not even worth DCAing since it has even reached the new ath. You will be seeing the price to go down again in the future. I would rather DCAing the tokens that are still far from ATH but have good fundamental at this moment.

People are expecting it to rise to 100€

Sometimes I even wonder how this coins move because there are some coins that have been in the ecosystem space for years yet they have reached $1 but coins that were launched recently have reached $10. How did they do theirs? The render coin or network is currently running at the of $10.17 which is a good start of the project. And this the first time I hearing this project as well. And if anyone is interested to invest, there is no problem because it is a personal interest but the only thing we can tell you  is be careful with altcoins. And understand their movement before investing so that you won't render yourself useless.

From my point of view the coin is not too bad to invest

Expectations always differ from the reality, and don't ever go investing based on the predictions because the same person will turn their opinion completely so it's your decision to what to do with your money. As looking at the price chart, it is kind of overvalued since it ATH is same value as the current trading value so I will wait for a while to predict how market behaves based on the bitcoin's movement.

I don't think its overrated coin by any means, render has been taking the spotlight with emergence of AI and the needs of computing power it excels in that field, but honestly if you ask from the side of investors, it just doesn't really as much worth for investing since the valuation is already inflated so much it become secondary option for most that tries to make profit from altcoin price pump.
the overall situation with coin that has already reaching billions, is that they are not really worth to look at for investment anymore, you can still make profit through buying the dips, but you won't make meaningful profit without great capital.
if you seek stability its still worth to invest but you need to wait until the coin dumps, no need to be in rush because this coin itself from the chart has grown quite astonishingly.
more than that, i think this coin is also one of the coin affected by the AI hypes with its need of computing power.
once the hypes died down, i don't know whether its still gonna be valued as high, since this coin is just all about leveraging computing power of the masses for something like AI.

Currently $RNDR is at almost $10 and ranked 26th on the CMC list, it's a great project in the AI ​​narrative. From these things, I think that $RNDR is no longer an underrated asset, the MC is too big and we don't know how far the adoption of the $RNDR token has gone. For me, an asset like this can be a dangerous asset to invest in, because of the already too high MC that $RNDR has, it is better to look & go to tokens with medium MC.

Like which coins?

Just heard about render a few days ago. Apple apparently decided to leverage render in their octane X rendering software. Not sure what it exactly does but a real world business as large as Apple associated with a crypto coin, the price was ought to hike. The coin have had its all time high in the past and the running hype around AI and the news about apple may mean it could still rise for short term.

Volume (24h) represents about 1/10 of total trading, Total supply is very close to Max. supply and the price is not far from the All-time high, but it is much farther from the All-time low. All of these factors will make the possibility of getting $20 possible, but the possibility that we will see a major correction is more certain. Therefore, in the best case scenario, you will double your investments, but inevitably we will not see $100, and in the normal situation, you will lose your money.
If you trust the project, it may make profits, but personally will not invest in it.

There are lots of underrated coins/tokens, such as Aptos (APT), Bitget Token (BGB), Worldcoin (WLD) & Oasis Network (ROSE). This isn't investment advice, but I advise you to find out more about these coins and tokens, I personally think that these coins and tokens are worth buying before altseason comes. BTW, let me know if you've found out about the coins or tokens I mentioned so we can discuss them further.

Neither hyped not overrated but just not the right time to invest into RNDR as the value has surged and it may not the be right price to invest but we can surely invest into it post correction phase. Atleast this is a genuine project and it has already given very good amount of return to early investors hence I don't find this overrated but overpriced for sure.

May I know what is actually meant by utility token here? Render Is it a token or a coin?

This Render coin seems to be a genuine project, and I think that it's safe to invest in it, however I also think that it's overvalued because seeing and taking into consideration the facts that you mentioned, I think that it'll be safe to wait for a while, hopefully for a price dip, before investing in it. Remember that this is altcoin, and predictions can turn out favorable to your expectations or it might not, so don't put all your trust in other people's speculations, do your own research and invest what you can afford to loose.

I am not aware of this platform nor I am aware of this token. What I know is hold those token or accumulate those where the developers have a roadmap which includes continuous development of the platform and adding more features to it. If not then do remember that technology in this era changes in every 5 years. A project can only sustain customers if they don't upgrade themselves for a max 5 years. If you don't see that happening then exit when you think the price is right for you.

I've been on research with the Render Coin and couldn't get convince able result to assume it's worth investing on. It seems to be a native token that has not been widely recognized. Not even on the exchange sites could it be listed.
Op, only promising coins with potentials to meet your goals is worth investing with the DCAs and personally by myself, I don't find the coin worth it. Make your research and shoot according to your conscience.

In my opinion, the coin price of this project is not so expensive with the services provided, because if you look at the services and also the adoption opportunities for the media world it is much greater, yes maybe if you look at the entire graph when it first appeared RNDR did have a very expensive increase, but if you look at the future opportunities about this project service it is still not so big that adopts and is still developing, the world of rendering will definitely use RNDR to extract their products quickly and easily, as well as RNDR into the AI category,. so in my opinion this is not so expensive.

Sometimes we see something expensive when if we understand the project, the value is still fairly cheap.

Render protocol is a good choice for making Investment now but those who already have bought this coin will be in more profit as the price is higher than previous worth.
Most of the people are focusing on the top coins but I think little percentage should also be used in other coins because they also have the ability to multiply the worthiness of your money with the passage of time.

There is a possibility that very soon it will show huge price gain but the time will come when Bitcoin reaches its highest level which will turn other coins to the highest value ever. So Investment in render can give you another opportunity through which you can earn a good amount of cash if you handle your investment with care.

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Its not overrated but the upside potential of RNDR from here isn't there anymore. There are some other project that are similar or even better than RNDR that are emerging in the market. GHX, NODEAI, GPUnet(not listed yet) are some of the top competitors of the RNDR or they can be. If you have missed the train with render then you can make strategy to open your position in those tokens. Most of them are sitting at their key support level, and i do think they will do better than RNDR in terms of ROI in this cycle.

I agree with you that render is an enhanced coin, maybe this is one way to boost the popularity of this memecoin, if you want to find meme coins, it's best to choose coins that have been registered on several trusted exchanges, so that the coins you buy can survive and can provide profits for you.

Can render 10x from here?