Renzo (REZ) token has witnessed a remarkable interest from investors following its listing on Coinbase, as evidenced by a 50% price pump. The crypto token has also debuted with a significant market cap of $289M, courtesy of its innovative Liquid Restaking Protocol. Further adding to the REZ's potential, acknowledged industry influencers have been noticeably supportive of the crypto asset. Binance founder, Changpeng Zhao's recent release could further bolster the performance of the token, along with other altcoins. This prediction gains traction with Binance's announcement to launch the REZ token on Launchpool. The coin's restaking frenzy managed to raise $17M from Galaxy and Brevan Howard, indicating significant market faith in the protocol. Recognizing the rising popularity, the platform has issued a guide on earning Renzo Points. Additional insights into the coin's success are its Ethereum-based Liquid Restaking feature, which has seen a positive response from the market following Coinbase's support. Despite the delisting of several other tokens on Binance due to respective risks, Renzo continues to gain traction as it lines up as Binance's 53rd Launchpool project. A potential bull run within the crypto market by November 2024 might further support the token's price dynamics.
REZ Coin News Analytics from Wed, 18 Jan 2023 08:00:00 GMT to Mon, 17 Mar 2025 18:33:53 GMT -
Rating 9
- Innovation 7
- Information 8
- Rumor -2