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<p>Amidst volatility in the cryptocurrency market, <a href="https://coingape.com/price/render-token/" rel="noopener noreferrer nofollow">Render</a> (RNDR) holds potential in crypto investing. Priced at $7.70, its ability to surge to $20 sparks curiosity among investors. This article delves into three hypothetical investment scenarios, for investors to envision the potential impact on their portfolios.</p>
<h2 id="strong-market-performance-of-render-rndr-price-strong"><strong>Market Performance of Render (RNDR) Price</strong></h2>
<p style="text-align: center;"><img decoding="async" class="aligncenter size-full wp-image-194362" src="https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-083935.png" alt="Market Performance of Render (RNDR) Price" width="2584" height="1244" srcset="https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-083935.png 2584w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-083935-300x144.png 300w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-083935-1224x589.png 1224w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-083935-768x370.png 768w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-083935-1536x739.png 1536w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-083935-2048x986.png 2048w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-083935-150x72.png 150w" sizes="(max-width: 2584px) 100vw, 2584px"></p>
<p>Over the past day, Render (RNDR) has experienced a slight dip of 2.85% in its price, settling at $7.70. Yet, looking at a broader time frame shows more substantial fluctuations. Within the past week, RNDR experienced a decrease of 16.84%, and the price dropped by 30.42% in the last month.</p>
<p>Although facing temporary setbacks, Render’s performance throughout the year is especially noteworthy, displaying a substantial increase of 214.63%.<br> Render’s current market cap is $2.98 billion, taking its position as 37th among all cryptocurrencies, according to <a rel="noopener noreferrer nofollow" href="https://coinmarketcap.com/currencies/render/">CoinMarketCap</a>.</p>
<p>In the last 24 hours, the trading volume totaled $122,058,142, resulting in a volume-to-market cap ratio of 4.08%, showing a fairly active market for RNDR.<br> There are currently 386,972,335 RNDR tokens in circulation out of a total supply of 532,065,944. The token achieved its all-time high of $13.60 on March 17, 2024, but its value has since <a href="https://coingape.com/blog/6-bitcoin-price-pullbacks-from-the-bear-market-analysed/" rel="noopener noreferrer nofollow">pulled back</a> by 43%.</p>
<h2 id="strong-what-will-my-portfolio-look-like-should-render-rndr-reach-20-strong"><strong>What Will My Portfolio Look Like Should Render (RNDR) Reach $20?</strong></h2>
<p>Explore the possible results of investing in Render (RNDR) with three scenarios, each having different initial investment levels.</p>
<h3 id="strong-scenario-1-strong"><strong>Scenario 1:</strong></h3>
<p>Let’s say you decide to $500 into Render (RNDR) at its current price of $7.70. This investment would get you around 64.94 tokens. Now, let’s imagine a scenario in the future where RNDR reaches the price of $20 per token. At this stage, your investment would see a notable increase in value. Selling your tokens at this price would yield you a significant profit of $827.51.</p>
<p>When it comes to ROI percentage, you can expect a notable 165.50% return on investment. This scenario demonstrates the possibility of achieving significant profits with a fairly small starting investment.</p>
<h3 id="strong-scenario-2-strong"><strong>Scenario 2:</strong></h3>
<p>Now, let’s envision a scenario where you decide to allocate a larger sum to RNDR, investing $2000 at the current price. This investment would grant you approximately 259.74 tokens. As the <a rel="noopener noreferrer nofollow" href="https://rendernetwork.com/" target="_blank">Render Network</a> token price climbs to $20, your investment would blossom into a considerably larger sum. Selling your tokens at this price would yield a profit of around $3,367.94.</p>
<p>Calculating the ROI, you would find yourself enjoying a healthy return of 168.40%. This scenario demonstrates how scaling up your investment can amplify your potential gains, albeit with a higher initial outlay.</p>
<h3 id="strong-scenario-3-strong"><strong>Scenario 3:</strong></h3>
<p>Lastly, let’s consider a scenario where you’re willing to make a more significant investment in RNDR, committing $5000 at the current price. With this amount, you would acquire approximately 649.35 tokens. As RNDR’s price escalates to $20, your investment would burgeon into a substantial sum. Selling your tokens at this price point would result in a profit of around $8,378.03.</p>
<p>Calculating the ROI, you’d find yourself with an impressive return of 167.56%. This scenario demonstrates the possible benefits of making a larger investment, highlighting the potential for significant profits when investing in the correct cryptocurrency.</p>
<p>In every scenario, as the price of RNDR hits $20, the profits and ROI increase, showing the possibility for substantial financial gains in the crypto market.<br> It is crucial to highlight that these computations rely on the assumption of reaching a $20 price, without considering taxes and fees, which might affect your total profits.</p>
<p>Just like any other investment, it is important to conduct thorough research and assess potential risks before making investment decisions</p>
<p style="text-align: center;"><img decoding="async" class="aligncenter size-full wp-image-194361" src="https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-093015.png" alt="Render (RNDR) Portfolio" width="2665" height="585" srcset="https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-093015.png 2665w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-093015-300x66.png 300w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-093015-1224x269.png 1224w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-093015-768x169.png 768w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-093015-1536x337.png 1536w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-093015-2048x450.png 2048w, https://coingape.com/wp-content/uploads/2024/04/Screenshot-2024-04-30-093015-150x33.png 150w" sizes="(max-width: 2665px) 100vw, 2665px"></p>
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<p>The post <a href="https://coingape.com/blog/what-will-be-my-portfolio-if-render-rndr-hits-20/" rel="noopener noreferrer nofollow">What Will Be My Portfolio if Render (RNDR) hits $20?</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.</p>

What Will Be My Portfolio if Render (RNDR) hits $20?

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