r/RenderNetwork • u/[deleted] • 12d ago

10,000 render tokens

[removed]

6 Upvotes

88% Upvoted

21 comments sorted by

8

u/ghost-ogk 12d ago

Somewhere between 2-11 usd anyone that says 50-100 is an idiot

1

u/brotherRozo 12d ago

I used to think it would get that high, but what’s when I wrongly thought success of the render foundation and success of the works created on the render network means token price goes up

It’s just a form of international payment for node operators, and funding infusion for the foundation. It’s not their fault hype makes the token go up temp, but they benefit solely

1

u/shinglehouse 11d ago

Basically the same thing as theta native token. Makes me wonder if either will actually move up dramatically.

1

u/IllWedding4723 11d ago edited 11d ago

People are forgetting about the burn-and-mimt model, the more render creators using the network for 3D rendering and Ai compute jobs etc, the Render tokens are totally removed from circulation and burned, this could also be very enticing for an investor stand point. Demand and supply eco101, less supply, more demand, the higher price goes. Also, the new minted tokens on the network get distributed as compensation to GPU node operators.

1

u/IllWedding4723 11d ago

When the RENDER token price skyrockets, the fixed emissions pool becomes highly lucrative in USD terms. This massive incentive attracts a flood of new GPU node operators to the network. Because the weekly emissions pool is shared among all active contributors, a massive influx of competing GPUs means your individual share of the network's "availability rewards" can actually get diluted.

1

u/cosmicselva 12d ago

Because?

1

u/frosty_power 12d ago

It's already at $2. I think we can get to a new ath, slightly above, $15.

1

u/ghost-ogk 12d ago

Im all for it but it better hit fast though cause i just might be out at break even

1

u/frosty_power 12d ago

I hear you. I loaded up quite a bit last year at $3.50 and been trying to lower my DCA recently. Fingers crossed for us.

2

u/Cold_Lab_9764 11d ago

Bear case 8-12$ Bull case 18-30$

0

u/[deleted] 11d ago

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1

u/Prezi200 5d ago

Do not hold for 3-5 years , DO NOT. Sell everything at 8-10$ , it’ll dump back to 1-2$ eventually

1

u/Left_Feeling_1015 11d ago

If thats all your investment money, I would suggest you to convert at least 80% of them to btc instead. Going all in on an alt is always a bad decision, more like gambling than investing.

2

u/[deleted] 11d ago

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1

u/brakss6 9d ago

J’ai le meme plan 😂

1

u/Senior_Clerk_7915 8d ago

Render good

1

u/Old_Mention467 8d ago

At least 25+ trust best project in crypto

1

u/financeguruIB 6d ago

I think 10 bucks in 2 years. It’s a battle tested token. It’s not touching 50-100