⇑ REZ Coin Skyrockets Amidst Recent Markets Moves
In recent news, REZ Crypto , also known as Renzo experienced a significant value increase of 70% over a two-day span. This spike came on the...
In a recent uptick, REZ Coin surged approximately 295.86% over a span of 24 hours. The increase is part of the cryptocurrency's latest rally that saw REZ Coin jump 70% in two days. The Renzo Protocol, which introduced REZ Coin and its tokenomics, is at the forefront of the liquid restaking protocol with a total value locked (TVL) of $3.3 billion. Binance, however, recently delisted REZ Coin along with two other low-liquidity pairs. Despite this, the coin remained resilient against market headwinds.
Following the listing in March, REZ Coin's value plummeted by over 35%, only to recover swiftly and continue its upward trend. Its introduction to the Coinbase platform for German traders also drove considerable attention towards the coin. Despite significant token unlocks, including those for SUI, ENA, and OP, the Renzo Protocol airdropped REZ, debuting with a healthy $289 million market cap.
Additionally, Renzo has completed two successful funding rounds bringing in $17 million, leveraging the restaking frenzy to attract investment from Galaxy and Brevan Howard. User interest in the Renzo protocol is likely high due to potential airdrops signaled by the platform's guide on earning Renzo points.
Yet, it wasn't all smooth sailing. Renzo's coin, EZETH, faced the risk of price depeg following the end of its airdrop campaign. Despite this, the REZ coin continues to perform well, rallying 60% post-Coinbase listing and 35% in anticipation of its Bithumb listing.
REZ Coin News Analytics from Thu, 17 Oct 2019 07:00:00 GMT to Mon, 25 Aug 2025 17:25:00 GMT - Rating 8 - Innovation 8 - Rumor 4