Renzo (REZ) token has experienced significant price movements in the recent past. The token saw a
50% price surge following the announcement of its upcoming
Coinbase listing. This development was further supplemented by a
10% jump after Coinbase included the token in its listing roadmap. The REZ coin, which is an Ethereum (ETH)-Based Liquid Restaking Altcoin, soared over 35% ahead of its
Bithumb listing.Renzo capitalized on the restaking frenzy to raise $17M from big-name investors, including
Galaxy and
Brevan Howard. Listing of REZ on
Binance Launchpool was another significant event for the cryptocurrency, encouraging its farming by staking BNB and FDUSD. Renzo protocol made an airdrop debut at $289M market cap.However, REZ witnessed a dip following the airdrop and Binance listing, but it still offers remarkable potential for yield enhancement through liquid restaking. In addition to featuring in analysts' discussions about altcoins that could soar, Renzo's ezETH also caught the limelight by depegging to $688 following the end of the airdrop farming window.Despite some turbulence caused by Binance listing, experts predict strong performance for REZ as part of the cryptocurrency bull run in 2024. However, it's worth mentioning that Binance has delisted several coins, including REZ/BTC, from its trading pairs for undisclosed reasons. The REZ coin is now listed on INDODAX.
REZ Coin News Analytics from Fri, 10 Feb 2017 08:00:00 GMT to Mon, 28 Apr 2025 15:05:20 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor 3