Renzo Protocol, developer of the liquid re-staking protocol and issuer of
REZ Coin, has been on a precarious journey. After a promising debut with a $289M market cap, the
REZ token experienced a significant drop of over 35%post its listing on
Binance. Despite this, Renzo continued to reveal details regarding its tokenomics and ezPoints claiming. Amidst the turbulence in the individual coin market, the Senate has passed a bill to overturn SEC's regulations on Bitcoin and Crypto custody. However, President Biden threatens to veto this legislation. Meanwhile,
Changpeng Zhao's latest release promises to boost several altcoins, possibly benefiting the
REZ coin. Renzo is leveraging the re-staking frenzy within the crypto space, raising $17M from significant players like Galaxy and Brevan Howard.
Binance, one of the leading crypto exchanges, has become a Launchpool Project for Renzo, inviting users to farm by staking BNB and FDUSD. Renzo has asserted itself as a leading Ethereum Liquid Restaking protocol with a TVL of $3.3B, proving to be a potential competitor in the crypto market. However, the trading scenario of ALT coins appears uncertain with fluctuating trends, further complicated by ongoing legislative uncertainties. Considering the
REZ Coin's notorious price dips post airdrop and Binance listing, careful evaluation and judicious decision-making are advised for potential investors.
REZ Coin News Analytics from Mon, 30 Jun 2014 07:00:00 GMT to Thu, 21 Nov 2024 17:52:57 GMT -
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- Innovation 7
- Information 2
- Rumor -5
