Token

Render

bullish

Threshold

Gains

<ul> 
 <li>Coinbase will add perpetual futures for Render, Saga, and Threshold, enhancing trading options on its international platform.</li> 
 <li>Render Network sees growth in frame rendering and active addresses, boosting network adoption and interest.</li> 
</ul> 
Coinbase International Exchange has <a href="https://x.com/CoinbaseIntExch/status/1826650285600641317">announced</a> that it will add support for perpetual futures of Render (RENDER), Saga (SAGA), and Threshold (T) on both Coinbase International Exchange and Coinbase Advanced. 
The RENDER-PERP, SAGA-PERP, and T-PERP markets will officially launch on or after August 29, 2024, at 9:30 a.m. UTC. This development is expected to pique traders’ curiosity, particularly those who have been closely tracking the performance of these tokens in the marketplace. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/CoinbaseIntExch?ref_src=twsrc%5Etfw">@CoinbaseIntExch</a> will add support for Render, Saga, and Threshold perpetual futures on Coinbase International Exchange and Coinbase Advanced. The opening of our RENDER-PERP, SAGA-PERP, and T-PERP markets will begin on or after 9:30am UTC 29 AUG 2024. <a href="https://twitter.com/search?q=%24RENDER&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$RENDER</a> <a href="https://twitter.com/search?q=%24SAGA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SAGA</a> <a href="https://twitter.com/search?q=%24T&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$T</a> <a href="https://t.co/xoiQ0cwK8D">pic.twitter.com/xoiQ0cwK8D</a> 
 — Coinbase International Exchange <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f6e1.png" alt="🛡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@CoinbaseIntExch) <a href="https://twitter.com/CoinbaseIntExch/status/1826650285600641317?ref_src=twsrc%5Etfw">August 22, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h2 id="strong-render-token-gains-spotlight-with-impressive-market-performance-strong">Render Token Gains Spotlight with Impressive Market Performance</h2> 
The Render token (<a style="color: #008000;" href="https://www.crypto-news-flash.com/top-depin-projects-driving-web3-helium-filecoin-render-network/">RENDER</a>), in particular, has received a lot of attention since this announcement. The token has undergone a tremendous climb, with its current price hovering around $6.18. The value of RENDER has increased by 5.51% over the last 24 hours and by 37.15% over the last seven days. 
<div class="cryptoboxes" id="mcw-714629" data-realtime="on">
 <div class="mcw-chart mcw-chart-light" data-font="inherit" data-coin="render" data-symbol="RENDER" data-currency="USD" data-rate="1.000268" data-type="chart" data-view="day" data-theme="light" data-smooth="true" data-areacolor="" data-bgcolor=""></div>
</div>This impressive performance has also moved <a style="color: #008000;" href="https://www.crypto-news-flash.com/render-rndr-set-to-soar-analyst-sees-promising-technical-prospects/">RENDER</a> to the top of the day’s top gainers list, indicating that investors interest and confidence are expanding. 
Additionally, data from CoinGlass reveals an unexpected facet of RENDER’s market activity. The OI-Weighted Funding Rate for RENDER is 0.0079%, suggesting a specific trend in the derivatives market that may impact the token’s future performance. 
<figure id="attachment_803958" aria-describedby="caption-attachment-803958" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class="wp-image-803958 size-full" src="https://www.crypto-news-flash.com/wp-content/uploads/2024/08/RNDR.png" alt="" width="1815" height="504" srcset="//www.crypto-news-flash.com/wp-content/uploads/2024/08/RNDR.png 1815w, //www.crypto-news-flash.com/wp-content/uploads/2024/08/RNDR-300x83.png 300w, //www.crypto-news-flash.com/wp-content/uploads/2024/08/RNDR-1200x333.png 1200w, //www.crypto-news-flash.com/wp-content/uploads/2024/08/RNDR-768x213.png 768w, //www.crypto-news-flash.com/wp-content/uploads/2024/08/RNDR-1536x427.png 1536w, //www.crypto-news-flash.com/wp-content/uploads/2024/08/RNDR-150x42.png 150w, //www.crypto-news-flash.com/wp-content/uploads/2024/08/RNDR-450x125.png 450w" sizes="(max-width: 1815px) 100vw, 1815px">
 <figcaption id="caption-attachment-803958" class="wp-caption-text">
 Source: <a href="https://www.coinglass.com/currencies/RENDER">CoinGlass</a>
 </figcaption>
</figure> 
This indicator frequently reveals insights into traders’ sentiments toward a given asset, and in this case, it indicates a cautiously bullish outlook for the token. 
The Network’s continued developments add to this excitement. The network recorded a 17.7% increase in the quantity of frames produced in Q1 2024, as CNF previously <a style="color: #008000;" href="https://www.crypto-news-flash.com/render-network-sees-big-boost-in-active-addresses-and-transactions/">reported</a>. This expansion is largely due to incentive packages meant to encourage node operators and GPU providers in the network. 
Furthermore, the number of daily active addresses and whale transactions on the network increased significantly in July, indicating that Render Network’s services are becoming more widely adopted and used.

RENDER Gains Momentum as Coinbase Launches Perpetual Futures

Table of Contents

Crypto News Flash

Other articles published on Aug 25, 2024

Will Telegram-linked Toncoin bounce back after Pavel Durov’s arrest?

Fantom and Toncoin’s Bold Game-Changing Crypto Moves

1confirmation Predicts Ethereum Will Surpass Bitcoin in Market Value

DOT Unleashed: Is Polkadot Poised to Overtake Ethereum with This New Strategy?

Toncoin and Notcoin Tumble as Telegram Founder Gets Arrested

Vitalik Buterin Warns of Centralisation Threats in Emerging Technologies

Join our free newsletter for daily crypto updates!