#Binance #BTC #RNDR
The real-time price of RNDR is $10.71 per (RNDR/USD) with a current market capitalization of $4.09B USD. The 24-hour trading volume is $145.30M USD. In the last 24 hours, the price of RNDR has changed by -1.93%, and its circulating supply is 381.86M1.
Render Token (RNDR) is a network that uses OctaneRender for GPU rendering. It allows you to create, share, remix and monetize 3D assets in a decentralized way by taking advantage of blockchain technology. The Render Network is powered by the ERC-20 $RNDR standard token. RNDR is used to pay for animation, motion graphics, and visual effects rendering jobs performed on the distributed Render Network. Users submit their jobs to the community when they need to render them, and the platform automatically calculates the number of RNDR tokens needed to complete the job. RNDR Network uses a multi-level pricing (MTP) mechanism that allows users to choose the level of arithmetic capacity to complete their rendering jobs. By consolidating idle GPU resources around the world, Render Network addresses the growing rendering needs of the physical industry, establishing a collaboration between demand, supply and platform1.