RENDER Token Historical Price and Return Analysis: Should I buy RENDER now?

Summary

This article provides a comprehensive review of RENDER’s historical prices and market fluctuations since its inception, analyzing data from bull and bear market phases. It evaluates the potential returns for an investor purchasing 10 RENDER tokens and answers the key question, “Should I buy RENDER now?” to help both beginners and long-term investors grasp timing and growth opportunities.

Beginning of Bull Market and Early Market Cycle: Historical Price Review (2021 to 2023)

RENDER was launched by the Render Network project. According to CoinMarketCap, its early trading price was approximately $0.10. Render Network utilizes a decentralized GPU processing model to deliver near real-time rendering. By leveraging idle GPU resources, it aims to improve rendering speed, reduce costs, and scale efficiently.

Below are the price changes of RENDER during the initial bull market phase:

2021

• Opening Price: $0.10
• Closing Price: $4.58
• Highest Price: $6.95
• Lowest Price: $0.10
• Annual Return: 4478.7%

2022

• Opening Price: $3.75
• Closing Price: $0.4043
• Highest Price: $3.75
• Lowest Price: $0.4043
• Annual Return: -89.23%

2023

• Opening Price: $0.4357
• Closing Price: $4.47
• Highest Price: $4.60
• Lowest Price: $0.4357
• Annual Return: 925.48%

An investor who bought 10 RENDER tokens during the early bull market in 2021 and sold at the end of 2023 could have realized a potential return of 10.11 times.

Bear Market Adjustment and Mid-Cycle Market: Return and Risk Analysis (2022)

During this period, RENDER’s price experienced a significant decline, reflecting broad adjustments across the crypto market.

Potential return for an investor buying 10 RENDER tokens during the bear market:

• 2022: -23.06 times

Recent Market Cycle: Should I buy RENDER now? (2024 to 2026 so far)

In recent years, RENDER has experienced volatility with an overall downward trend, facing ongoing price pressure.

2024

• Opening Price: $3.64
• Closing Price: $8.28
• Highest Price: $13.15
• Lowest Price: $3.64
• Annual Return: 127.67%

2025

• Opening Price: $7.11
• Closing Price: $1.99
• Highest Price: $7.11
• Lowest Price: $1.27
• Annual Return: -71.99%

2026

• Opening Price: $2.58
• Closing Price: $1.45
• Highest Price: $2.58
• Lowest Price: $1.35
• Annual Return: -44.02%

Potential returns for buying 10 RENDER tokens during these years:

• 2024: -21.897 times
• 2025: -56.677 times
• 2026 so far: -11.374 times

Conclusion: Bull Market, Bear Market, and Investment Timing Analysis

By analyzing RENDER’s historical prices and potential returns, we see that after a strong performance in 2021, the market experienced significant correction and decline. Although there was a short-term rebound in 2024, prices have continued to fall. Currently, RENDER remains at a relatively low price level. Investors should carefully evaluate market fundamentals and risk tolerance when deciding whether to invest at this time.