Today, Binance, the world’s largest crypto exchange, announced its support for the $RNDR token swap to $RENDER, with a 1:1 conversion ratio.
This development solidifies $RENDER as a true Solana ecosystem coin, potentially setting the stage for significant growth with Solana Breakpoint as a major catalyst.
🚨BREAKING: @binance, the world's largest crypto exchange supports the $RNDR token swap to $RENDER!
This makes $RENDER a true Solana ecosystem coin!
Solana breakpoint could become a major catalyst for $RENDER!! pic.twitter.com/qFWFPS69Fj
— D0c Crypto ⭕️ (@TheRealD0c) July 10, 2024
This move aligns $RENDER with other leading crypto exchanges, as Binance joins Coinbase and OKX in supporting the token. This widespread exchange support underscores the growing importance of $RENDER in the cryptocurrency market.
🚨BINANCE ANNOUNCES SUPPORT FOR $RNDR ➡️ $RENDER SWAP! 🎉🎉
The top 3 crypto exchanges in the world Binance, Coinbase, OKX now supports $RENDER.. LFG!! 🚀🚀 pic.twitter.com/0AmyGe3E2T
— MachineAlpha ⭕️ (@Machine4lpha) July 10, 2024
On-chain reports highlight a notable activity involving a prominent whale with a 100% winning rate over the past three months with $PEPE. Two hours ago, this whale deposited 84,465 RNDR tokens into Binance, which were originally acquired in March this year. If sold, this transaction would result in a loss of $448,000.
$RENDER Trader Records 60% Winning Rate On Trades Despite Running Into Occasional Losses
Interestingly, this whale has a history of trading $RNDR in various bands. From February 2024 to the present, they have executed five trades with a winning rate of 60%. However, despite some profitable trades, the cumulative loss stands at $276,000, mainly due to recent losses. Prior to these setbacks, the whale had accumulated total profits of $170,000.
「过去三个月 $PEPE 波段胜率 100% 巨鲸」两小时前将今年三月建仓的 84465 枚 RNDR 充值进了 #Binance，若全部卖出将亏损 44.8 万美金
我发现这位大佬就是喜欢做各种波段啊🧐 —— 从 2024.02 开始到现在一共做了五次 $RNDR 的波段，胜率 60%，累计亏损 27.6… https://t.co/yJq39PrOyO pic.twitter.com/inh0TV464R
— Ai 姨 (@ai_9684xtpa) July 10, 2024
The support from major exchanges like Binance, combined with significant market activities, positions $RENDER for potential growth within the Solana ecosystem. As $RENDER gains more traction and visibility, its role in the DeFi space could expand, offering more opportunities for traders and investors alike.
Overall, the token swap from $RNDR to $RENDER and the support from leading exchanges mark a pivotal moment for $RENDER, enhancing its liquidity and integration within the Solana ecosystem. As the market evolves, $RENDER’s strengthened position could drive further adoption and utilization in the crypto community.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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