Key Takeaways
- The Renta Network is a blockchain platform that utilizes smart contracts and NFTS to facilitate renting goods and services.
- Per market analysts and technical indicators, the coin will surge over 550% and hit a potential high of $0.1085 by 2029.
- The token is currently trading for $0.0165 registering a daily uptrend of 0.5%.
As of 22nd January 2025, the RENTA token is ranked #3752 on its market capitalization, estimated to be $1.48 million with a total circulation of 89.5 Million tokens. Following its listing on BitMart on January 15, the token is on a downward spiral in the market and showing signs of recovery during the early hours of the 22nd of January.
This article will explore the Renta Network project, the RENTA token’s use cases in its ecosystem, and whether it is the right time to buy the token. Moreover, we will be providing insights into the coin’s future in the market through a potential price prediction table.
What is the Renta Network?
The Renta Network is a blockchain platform that utilizes smart contracts and NFTs ( Non-Fungible Tokens) to facilitate renting goods and services. It also provides a decentralized marketplace allowing users to engage in P2P rentals without the involvement of any intermediaries or brokers. The platform integrates real estate, transportation, electronics, and other business services. It also facilitates users to easily browse through potential renters and select what they need from the list.
How Renta Network Works?
- Smart Contracts: Renta Network uses smart contracts to execute the agreements specified in the contract.
- NFTs: It employs NFTs to provide a transparent and reliable way to rent goods and services.
- AI: It uses AI agents to improve the users’ overall experience and to optimize the rental procedure.
- Off-Chain Data Storage: The Renta Network uses off-chain data storage to reduce the demands on their servers, which results in lower fees and quick settlement.
What Is The $RENTA Token?
$RENTA is the native token that facilitates secure rental transactions in the Renta Network. The token has many use cases within the ecosystem.
- Rental Transactions: The RENTA token is used to facilitate secure and scalable transactions within the network.
- Governance: The RENTA token holders can take part in the major decision-making processes surrounding the network.
- Staking: The users can also stake their RENTA tokens to reap rewards and other benefits within the ecosystem.
- Exclusive access: The RENTA token holders also have access to some of the premium services within the platform.
- Concession: Users can sometimes get a reduced transaction fee.
Tokenomics
| Name | $RENTA |
| Chai | Ethereum |
| Market Value | $0.0165 |
| Market Cap | $1.48 Million |
| 24-Hour Trading Volume | $225.47K |
| FDV | $16.49 Million |
| VMR Metrics | 15.08% |
| Circulating Supply | 89.5 Million |
RENTA Price Prediction Short-Term And Long-Term
The RENTA is one of the latest altcoins in the market with the potential to land you a jackpot in the possible future. Per the current market data, the token is priced at $0.0165 with a daily uptrend of 0.5% and a support level of $0.015. If you’re interested in the RENTA token and want to gain insight into its future, refer to the tables below.
RENTA Price Prediction 2025
| Month | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| Jan | $0.017081 | $0.034515 | $0.05801 | 252% |
| Feb | $0.0528 | $0.068419 | $0.080673 | 390% |
| Mar | $0.042404 | $0.05151 | $0.062502 | 279% |
| Apr | $0.05891 | $0.06177 | $0.06867 | 317% |
| May | $0.04575 | $0.055802 | $0.06206 | 277% |
| Jun | $0.03747 | $0.04313 | $0.04818 | 192% |
| Jul | $ 0.04052 | $0.04403 | $0.04749 | 188% |
| Aug | $0.0291 | $0.03303 | $0.03989 | 141% |
| Sep | $0.03092 | $0.03355 | $0.03681 | 123% |
| Oct | $0.03109 | $0.03395 | $0.04145 | 151.84% |
| Nov | $0.04094 | $0.04474 | $0.04729 | 187% |
| Dec | $0.04272 | $0.04319 | $0.04380 | 166% |
In essence, the RENTA token is poised to grow throughout 2025, notably during February, when it is estimated to reach a potential high of $0.080673.
The above prices are based on the current performance of the token in the market and therefore may vary depending on the market trends during those times.
RENTA Price Prediciton 2025-2030
| Year | Min Price | Avg Price | Max Price | Potential ROI |
|---|---|---|---|---|
| 2025 | $0.01708 | $0.04564 | $0.080673 | 388% |
| 2026 | $0.014249 | $0.02938 | $0.046626 | 182% |
| 2027 | $0.015621 | $0.017928 | $0.021795 | 32% |
| 2028 | $0.019979 | $0.031014 | $0.054393 | 229% |
| 2029 | $0.043588 | $0.064075 | $0.108524 | 559% |
| 2030 | $0.043699 | $0.057504 | $0.069754 | 323% |
Based on the above price-prediction table, the RENTA token will register exponential growth for the long haul, especially during 2029, when it is projected to reach a high of $0.069754.
Where & How To Buy The RENTA Tokens?
The RENTA token is only available in the BitMart exchange. You can easily buy, sell, and trade these tokens on this exchange. It might get listed on more crypto exchanges shortly. Here is a step-by-step overview of how to purchase the token from BitMart.
- Step 1: Create an account on the BitMart exchange using your email ID.
- Step 2: Fund your account using bank transfer, P2P, or card transactions.
- Step 3: Click the “Buy & Sell Crypto” button.
- Step 4: Select the RENTA token and specify how many tokens you want to buy.
- Step 5: Choose a payment method.
- Step 6: Complete the payment after choosing an offer.
After the exchange verifies your transactions, the RENTA tokens will be credited to your exchange wallet, which you can later move to your private wallet for added privacy and security.
Is The RENTA Token A Good Buy Now?
The RENTA is one of the high-potential altcoins that have hit the crypto market recently. However, the current market sentiment surrounding the token is “Bearish” in nature. Even with this, market analysts and technical indicators are claiming that the token could rise over 225% and reach a potential high of $ 0.05601 by the 3rd quarter of February 2025. The RENTA token has also traded the last 3/5 days in green.
The coin’s Fear & Greed Index has hit 76, symbolizing “Extreme Greed” in the market. Based on these forecasts and market data, it is not a good time to put your money on the RENTA token. However, if you’re still interested in it, conduct a thorough analysis of the market trends and exercise caution while proceeding with the investment.
