Lorenzo JengarJul 26, 2024 10:26 AM

Binance has successfully completed the token swap and rebranding of Render (RNDR) to Render (RENDER), opening new trading pairs and enabling deposits and withdrawals.

Binance, a leading cryptocurrency exchange, has successfully completed the token swap and rebranding of Render (RNDR) to Render (RENDER), according to an official announcement from the company. The transition marks a significant milestone for the platform and its users, as deposits and withdrawals for the new RENDER tokens are now open.

New trading pairs and availability

Following the rebranding, Binance has opened spot trading for several new pairs involving RENDER. These pairs include RENDER/BTC, RENDER/USDT, RENDER/FDUSD, RENDER/USDC, RENDER/TRY, RENDER/EUR, and RENDER/BRL. Trading began on July 26, 2024, at 08:00 (UTC). Users engaging in Spot Copy Trading wallets can add these pairs by enabling them in the Personal Pair Preference section of the Spot Copy Trading settings.

Token Distribution and User Instructions

The token exchange was conducted at a ratio of 1 RNDR to 1 RENDER. Users can view the token distribution history via their Binance wallet history. Additionally, there are new RENDER token deposit addresses available for users to obtain.

It is important to note that deposits and withdrawals of the old RNDR tokens are no longer supported. Users are advised to update their wallet addresses and ensure that all transactions involve the new RENDER tokens to avoid any issues.

General information and disclaimers

Binance noted that there may be discrepancies in translated versions of this announcement and that users should refer to the original English version for more accurate information.

For more detailed information, users can refer to the official announcement on Binance website. Source.

As always, Binance reminds users to be cautious with their investment decisions. The platform is not responsible for any losses incurred due to market volatility. Users should consider their own financial situation and consult independent financial advisors if necessary.

Image source: Shutterstock

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Today, Render Network finalized the migration and upgrade of the cryptographic AI token RENDER. Following the highly anticipated rebranding, the AI ​​token has seen positive price action, rising over 15% in the past day. Investors and market observers have expressed optimism about the rebranded token and believe it could hit $10 soon.

From RNDR to RENDER

Last year, the Render Network Foundation moved from Ethereum (ETH), where it was originally launched, to Solana (SOL). The move followed a community vote that approved two major upgrades to the network.

According to announcementThe move to Solana was “proposed for faster transactions, cheaper fees, and the project’s need to achieve more ambitious goals with more data and on-chain transactions.” The community also voted to rename the token from RNDR to RENDER, which will be finalized in 2024.

This month, the foundation informed users that many cryptocurrency exchanges, including Binance, Kraken, OKX, Crypto.com, and KuCoin, would automatically replace RNDR tokens with the rebranded token at a 1:1 ratio.

Monday, the RNDR The delisting from cryptocurrency exchanges began ahead of the scheduled migration on July 26. Exchanges halted most operations with the token, negatively impacting its performance over the course of the week.

Furthermore, whales apparently contributed impact on the token price. Online reports revealed that some notable holders sold their RNDR following the news, dragging the price from above the $7 support level to below the $6.5 price range.

The token continued to plummet in the following days, falling below the $6 mark, a 17% drop in four days. However, the long-awaited migration and listing of the new RENDER token seems to have kick-started a price recovery.

AI Token Skyrockets 17% After Listing on Binance

The newly renamed cryptocurrency AI Tokens has surged over 17% today after being listed by cryptocurrency exchange Binance. On Friday, the exchange announced that RENDER had been added to Binance Simple Earn, Buy Crypto, and Binance Convert.

Additionally, he revealed that Binance Margin and Futures options will be available today for the AI ​​token. Meanwhile, the Auto-Invest option will be added on Monday, July 29. On that date, cryptocurrency exchange Kraken will also list RENDER and delist RNDR.

Investors and market observers have expressed optimism for the rebranding and listing on Binance. One user X said that as the project enters this new era, “RENDER token with this new chart of lows around $6.5 has the potential to reach unimaginable heights.”

Coinboss Cryptocurrency Analyst consider that the token could “pinball” if it makes a clean break above the $7 resistance level. A successful retest of the target could potentially lead the token to reclaim the $11 mark, further fueling a surge above RNDR’s all-time high (ATH) of $13.53.

Another cryptographic analyst pseudonym you think RENDER may soon hit $10, saying: “Thanks for the fud. See you above $10.” Some users also believe that investors will regret missing the “best buying opportunity.”

Over the past 24 hours, the AI ​​crypto token has seen a remarkable 140% increase in market activity, with a daily trading volume of $83.1 million. At the time of writing, RENDER is trading at $6.89, up 15.6% from the previous day.

RENDER Performance on 3-day chart. Source: RENDERUSDT on Trading View

Featured image from Unsplash.com, chart from TradingView.com

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The cryptocurrency market is experiencing a recovery and amidst this positive trend, PlayDoge it emerged as an exceptional project.

Currently in its pre-sale phase, PlayDoge has already raised over $5.8 million in funding, cementing its position as one of the most successful and fastest-growing pre-sales companies on the market.

This result is particularly impressive considering the prevailing uncertainty among investors.

PlayDoge: Reveals Game’s Appeal, Key Features, and Investment Information

PlayDoge is a cash-winning mobile game that brings the iconic dog meme to life as a Tamagotchi-style virtual pet.

Players can feed, entertain, train, and make sure their Doge gets plenty of sleep as they embark on classic side-scrolling adventures that hark back to 90s nostalgia.

The game also includes retro arcade mini-games, similar to Space Invaders, where players can earn PlayDoge tokens. The earning potential in PlayDoge is substantial, with millions of dollars set aside for community rewards.

The roadmap indicates that the PlayDoge app and minigames will be released in the fourth phase, with further centralized listings and community airdrops planned.

Interested PlayDoge investors can easily purchase tokens by connecting their wallets. Using Wallet Connect, investors can scan a QR code to proceed with the purchase.

For example, buying one Ethereum of PlayDoge will yield approximately 600,000 $PLAY tokens. Considering the current token price of $0.005, the potential profits could be significant if the price reaches $0.01, $0.05, or even $0.10.

Larger purchases are also easy, with over 5 million $PLAY tokens costing 8.9 Ethereum. Tokens can be purchased via card, Ethereum, Binance Smart Chain, or USDT.

Notably, PlayDoge offers an annualized rate of return of 81% for those willing to invest their tokens, providing an additional incentive for investors seeking long-term gains.

PlayDoge: Huge Reward Potential for Early Investors

PlayDoge Tokenomics is meticulously designed to support long-term growth and foster community engagement.

The token allocation is as follows: 50% for presale, 6.5% for community rewards, 11.5% for liquidity, 10% for marketing, 10% for project funds, and 12% for staking rewards.

This strategic distribution ensures a solid foundation for project development, while encouraging active community participation.

If PlayDoge reaches a valuation of $100 million, the 6.5% community rewards would amount to $6.5 million. If the valuation were to rise to $1 billion, the community rewards would increase to $65 million.

This significant potential for financial rewards represents a lucrative opportunity for players, making PlayDoge an attractive investment in the cryptocurrency market.

PlayDoge has successfully built a vibrant community with over 6,000 followers on X (formerly Twitter) and 11,000 members on Telegram.

As part of its engagement strategy, PlayDoge is running a 150 USDT meme contest. To participate, participants need to follow the official PlayDoge Twitter account and follow the instructions provided.

Source – PlayDoge Twitter

The winner will be announced next Wednesday. This strong community growth has also occurred during times of extreme fear, as indicated by the Fear and Greed Index. With the index now rising to a level of 59, investor confidence is steadily increasing.

The PlayDoge Pre-Sale is well positioned to capitalize on this renewed market optimism. To participate in the $PLAY token pre-sale, visit playdoge.io.

Conclusion

A new era of meme coins is emerging and PlayDoge stands out for its innovative approach that transcends traditional concepts.

Introducing a Tamagotchi-style play-and-earn model, featuring the iconic Doge meme as a 2D virtual pet, PlayDoge offers a new and engaging investment opportunity.

Currently in pre-sales, the project is generating considerable excitement and anticipation for its potential growth upon market launch.

With its mix of nostalgic charm and innovative mechanics, PlayDoge is poised to attract significant interest from cryptocurrency enthusiasts and investors, marking a promising new chapter in the era of meme coins. For those looking for alternative investments, check out our 2024 Guide To The Best Meme Coins To Buy.

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The team behind one of the popular Donald-themed tokens called MAGA revealed their faces at the Bitcoin 2024 conference in Nashville. This is the first time a meme coin team has shown their faces to the world. Let’s explore what this means for the MAGA token and investors.

Hidden faces behind meme coins

There are hundreds of thousands of meme projects in the market, but none of them have dared to show their true face. There are some projects that show their team names on their website, but without any images or links to their social media. It is no wonder that meme projects do not want to reveal their true identity, because a meme project can be buried at any time. There have been many meme projects that have gained huge hype and made millions and billions, but they do not want to show themselves. Knowing the team behind a cryptocurrency project is one of the main indicators in DYOR that the community has trust in it.

MAGA reveals the team

On the first day of the Nashville Bitcoin Conference 2024, a group photo of the MAGA team was posted on Twitter by Diligent Denizen, the brand director of the MAGA project. With the caption “$MAGA has officially taken over Nashville,” they invited the community to meet them.

Source: X (mainly Twitter)

Looking at this tweet, we wanted to know if they have updated the information on the website and to our surprise, they did. We are sure that this tweet caught the attention of the community because we saw a spike in the price of the token immediately after.

Source: Official website of the MAGA project

MAGA on the go

As Diligent’s tweet showing the MAGA team started to gain more attention, the price of this token also saw a surge. The price of the MAGA token increased by 18.31% after the team’s disclosure. The MAGA token was trading at $0.0001251 before the tweet and within a few hours it reached $0.0001481. The number of holders of this token reached 20,265.

Source: Dexscreener

What to expect?

Experts believe that a crypto token with a disclosed team has a higher chance of success for two main reasons:
1- The community gains more confidence because they now know who is behind this project.
2- The team is scared because now if they do something wrong people know who they are.

And in the online world, once you know someone, you can find them anywhere. By revealing their faces, the MAGA team made one thing clear: they have no intention of becoming bad actors with this project. They are at the Nashville conference and Donald will be there. Let’s see if the MAGA team gets Donald Trump’s support, which will skyrocket the price of this project. Even if the Political Coins are very tempting, this is not financial advice and this article is for educational purposes only. Make your financial decisions based on your DYOR.

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