Renzo Protocol's token,
REZ, has been making headlines with recent market activities. The token debuted on the market at a whopping
$289M Market Cap, after an airdrop launch. However, after its listing on influential
crypto exchanges like
Binance and
Kucoin, the token had to face substantial market headwinds. The token price plunged over 35%, raising concerns in the market. However, top crypto trader,
Michael van de Poppe, featured REZ among his top altcoin selections, which could provide excellent buying opportunities after the current dip. The restaking mechanism of the REZ coin that enhances yield is considered an innovation to watch. However,
Restaked ETH showed a brief crash on
Uniswap, post REZ token's introduction. Binance distributions for REZ governance tokens were recently revealed. Indications of its modification for the token airdrops could be seen, warning a depagging of
ezETH to $688, right at the end of the airdrop farming window.
REZ Coin News Analytics from Thu, 19 Jan 2017 08:00:00 GMT to Mon, 23 Sep 2024 07:00:00 GMT -
Rating -2
- Innovation 2
- Information 6
- Rumor -3
