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✔️Render Token/RNDR on ERC20
0xd536db49d863f14a75b39e9185e290b89fb88f5f
✔️Bitcoin/BTC:
1NFGGwcv3dVZkh9aQ4NdAN7z3b7uKPU83o
✔️Ethereum/ETH or any other token on ERC20
0xd536db49d863f14a75b39e9185e290b89fb88f5f
✔️Binance/BNB or any other token on BEP20:
0xd536db49d863f14a75b39e9185e290b89fb88f5f
Timecodes:
0:00 Intro
0:28 Coinbase adding support to Render on the Solana Network
2:35 How to upgrade RNDR on Ethereum to Render on Solana
3:05 Polygon Render to Solana Render Explained
5:15 How long will the Render upgrade portal be open
6:30 Can Render on Ethereum go to zero?
8:04 Get $30,000 in Free rewards for just depositing and buying crypto!
8:41 How to arbitrage between RNDR on Ethereum and Render on Solana
10:45 Why I am holding Render on Ethereum
#crypto #bitcoin #rndr
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Is render on ethereum going to zero hello everybody Welcome to the channel my name is Doc and today’s video I’m going to explain to you everything you need to know about the differences between render on ethereum and render on salana I’m also at the end of this video going to give
You a major tip how you can benefit between the differences of both and I’m not going to talk too much and get straight into the point of this video so the reason I’m making this video is because coinbase adding support for render on the Solana Network and what they actually did was they
Didn’t migrate so what they said is that coinbase will support trading of the render token on both ethereum and the Solana Network so render on the ethereum network will retain the ticker RNDR while render on Solana will have the ticket render and will be named render Solana so they had no plans
To migrate render tokens on the eum network to Solana and of course what people didn’t know was because coinbase listed another token render on salana with very low liquidity this is what happened so a lot of people were complaining about the price differences like I told all my followers
That it’s spec one onone but of course because coinbase had such low quity the price went up way faster than the etherum can follow and I had so many messages about the price not being the same about they’re not the same they’re like everyone was flashy at one point this even happened where
Render on AUM was $4.85 and render on salana was $5.44 and a lot of people were asking me well dog is render on ERC going to zero and I was like no calm Downs this actually is a major opportunity
Which I will explain at the end of the video but let’s just first get through all of your questions because there were a lot of people scared for actually no reason so if you didn’t know yet the official render Network actually has a render Network upgrade portal frequent as questions like
This is actually if you just read this right I know this isn’t even explained the best so I’m going to explain it from my point of view so a lot of people actually understand it so basically the
First step that people ask me is how can I upgrade well there actually an upgrade portal of the official render Network which has this link it’s the only valid one always be sure it’s this one
Where you can migrate render on ethereum to Solana so it’s not the other way around so you can always upgrade from ethereum to Solana but not back from Solana to ethereum that’s a very important one you
Should acknowledge and I’m going to explain why in a bit so another big big question is can I upgrade from polygon render to Solana no you must Bridge your tokens back to e mayet to transfer your tokens and in my opinion if you’re currently holding polygon render I would just migrate it
Immediately to etm render like not many exchanges are supporting polygon anymore and they probably want anymore in the future and you want liquidity to sell in a bull run so I would just go straight to ethereum if you were holding polygon so this is one other important question can I transfer
Render on salana back to render onum no all token upgrades are one way from ethereum mayet to Solana mayet and this is the reason while I was saying that the ethereum price is PED to the Solana so
What do you guys think when this happens like when render on salana has such a big difference people are going to go migrate from ethereum to salana for the same amount of tokens so it evened out
Really fast in less than an hour it was even out and a lot of people panicked for no reason and the thing you cannot do listen really carefully is sell your render on ethereum for render on salana
When this happens cuz you will lose to tokens it’s only packed one way so if you sell eum for Solana and the Solana price drops down you actually lost token so never ever do this I told my followers
And a lot of followers listened to me and saved render but also a lot of people lost render tokens because of this this is in my opinion also coinbase their fault because they made it look like render on salana was so much better than ethereum and ethereum was dropping and was going
To zero when this can never ever happen because ethereum render is back to Solana so if Solana goes up render on ethereum will follow that’s how easy it is so another big question we’re hearing
Is this how long can I upgrade my tokens and this was you can use the render Network upgrade portal at any time so it’s open forever but in sensitives will only be available for users who upgrade from
October 2023 till October 2024 so a lot of people think because the insensitives are only available until October 2024 that the portal isn’t in available no that’s not the same thing basically the insensitives are just rewards for early migration like for people who used the portal
Early and currently it’s like 0.3% so if you’re not stacking a big big fed of render it’s not even worth it the ethereum gas fees for the migration will be higher and I don’t even re recommend doing
The migration right now I’m even going to explain to you later in this video why but yeah it will be open forever so people who have ethereum render chill out it’s not going away like they said is
It going away no but the token will no longer be maintained by the render foundation and the token will not be able to be used on the render Network again A lot of people are scared because this Doc
It’s not going to be used on the render netw work what if it goes to zero well let’s remember again how the migration portal works it goes from ethereum to Solana so it cannot happen that
Render on eum will be $1 and on Solana 100 what do you think that will happen that will be the easiest 100x of your life cuz you can migrate it one onone so it’s speced from the etherum
To the Solana so it doesn’t even matter that the network is not using render on etherum anymore or on salana because the price is speed they’re only using Solana right now because it’s cheaper faster and everything so because it’s actually better in many ways for the network that doesn’t mean it’s
Better in many ways for the price of the token we’re in crypto here we’re for the technology but at the end of the day what matters is the price so please relax with your render on ethereum so
Basically the conclusion of the asked questions by everyone no render on TM is not going to zero it’s expect to render on Solana one by one in one way no it doesn’t matter that the Solana network isn’t
Using render on TI anymore so you’re just safe the only thing what I want to say is if you have it on polygon just migrate it to ethereum don’t keep it on pelagon liquidity is way too low you will be
Stuck in a bull run so that’s my major tips but of course you guys want to know dog how can I benefit from having two two different tokens well I’m going to explain to you right now but before
I do this if you want to buy render Bitcoin and over 1,000 different crypto coins while getting up to $30,000 in bonuses in rewards for just depositing and buying crypto as shown on screen just head over to the top of the description and click on the partner buybit link once you’re on
The pbit link be sure you’re on my page which says doc crypto and use my referral code which is shown below so you can get up to $330,000 in rewards and buy over 1,000 tokens on an at exchange so
Now let’s get to the part where a lot of people made a lot of money so like I said before this happened where the price of render on salana was way higher than the price of rending on E theum
So what did the smart money do the SMART money who had already already had a stack of render on salana swapped it on the Jupiter exchange to usdc and then just deposited that usdc on an exchange
And bought render on ethereum way cheaper like I said this is PED one way so basically this means if the price of Solana render is higher it’s a really good sell but if the price of Solana is
Lower it doesn’t mean that it’s a really good buy the reason why is because when the price of salana render is higher people will use the migration portal to buy render and actually swap it for salana render trying to make a profit but the other way around like right now the Solana
Price is 5.04 while the ethereum price is 5.14 so with 10 cents different nobody right now is going to sell the Solana one to buy the render one because you were lose 10 cents on render but
Also why would I buy right now the Solana one when it’s not backed one by one like the Solana one you cannot transfer a migrate Solana one to the ethereum one so actually you just have to
Wait but the big opportunity right here is what we saw with coinbase this could happen with binance buybit and other exchanges as well with major exchanges low liquidity once you see that the render price on salana is actually much higher you sell your render and then you transfer the usdc to
An exchange buy back the render and you will have more render tokens and this is also the reason why I’m keeping render on r& drr on ethereum I even said that in a tweet because the migration portal
Will be open forever this mean you can always transfer esc20 render to salana render even if the render price on salana higher because they’re packed oneon-one but only from ERC 20 to Solana Renner and not the other way around therefore holding erc20 rener is your best bet even though
I told you guys that you need a little bit of Solana when there’s an opportunity so there’s not going to be an opportunity out of the blue but big big events like maybe binance listing render
On salana buy bit you be sure to have an account with my link or even like big Solana events like Solana breakpoint could push this price higher because of the low liquidity and on that point
You actually want to have some render on Solana to actually sell off to buy more render on ethereum once of course every big exchange is starting to list render on Solana and we’re seeing that
The volume of render on Solana is way higher than the volume on rner and TM at that point I will myself do the migration or just sell and buy why because at that point Solana render will be
The better choice in a bull run because Solana is much more hyped but currently the majority of the liquidity on exchanges is on render on ethereum so I don’t see the point right now on swapping
Over so yeah I hope this answered every one of your questions if you have more questions be sure to comment them down below in the description also follow me at the real dog to know when I
Talk about render crypto bullish things and more like this video If you enjoyed also click on the screen right now if you want to know when is the best time to buy render to maximize your profits subscribe to this channel for more crypto content and YouTube until next time
18 Comments
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I know nothing about trading/ Investing and I'm keen on getting started . What are some strategies to get started with ?
No!!!!! Render going to ZERO?!!!!!! 😳😱🤯
Great vid Doc! That thumbnail though 😂
I don't like migrations in general. It seems shady. If there is one it should be like Ethereum did where it had no impact on holders at all. Things like this IMO hurt the industry. Crypto has to make things simpler with less technical barriers, everything should be straightforward/easy, and with more support for the user or there will never be mainstream adoption.
How does it impact taxes, my intention was to hold Rndr for over a year for long term capital gains
Do i need to migrate when i have render on bitvavo?
Why keep on ERC when SOL has better hype for this BULl. Also are they the same or is it now two different RENDEr each with there own market cap and supply. At the end which one will live or die?
Timely video. Thanks DOc
Any other exchange then Kucoin who supports polygon Render? Because Kucoin is disabled. Thank you
Good video. Thanks
Yes sir smart people were scooping RNDR on that dip
Always bringing the best info for render. Thanks again Doc!
I seen my tweets of me freaking out and you were right !! Thanks doc !!
What about us holding our rndr on cex exchanges?
I'm holding my rndr on cex exchange..in case of swapping in the nearest future how will go about it
Solana is wayyyyy cheaper to transact than ethereum