Catalog product

REN Price Gains 65% After Catalog Launch Brings Cross-Chain DEX To Its Blockchain By Cointelegraph

Decentralized finance projects like Ren pumped into 2021, ending the year where they started with high fees on (ETH) has led to decreased activity for many protocols and DeFi has taken over more popular sectors like non-fungible tokens (NFTs).

Now, it appears that this downward trend is reversing after recent global events highlighted the benefits of DeFi and holding assets outside of the traditional financial system. This week, the price of REN soared 69% from a low of $0.247 on February 24 to a daily high of $0.418 on March 3.

REN/USDT 4 hour chart. Source: Trading View
VORTECS™ score (green) versus REN price. Source: Cointelegraph Markets Pro

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