Renzo
REZ · detected 21 days ago
StatusClosed
Detected at$0.00302129▲ 15.1%in 1h
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The move that put this coin on our radar.
Since detection$0.00263610▼ 12.7%
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Price change since this swing was detected.
Voting closed
End result▼ DOWNpump & dump
12 votes↕ 6 significant moves detected
The journey of this coin since we detected it.
1
Detected · ▲ 15.1%512h ago · Jul 27, 5:18 PM
$0.003021292
▼ Dropped 7.2%511h ago · Jul 27, 5:45 PM
$0.002802633
▼ Dropped 6.9%510h ago · Jul 27, 6:42 PM
$0.00261046Latest news about Renzo
No recent news found for this coin.
Discussion
Log in to commentBigger protocols and some treasury ops were quietly building positions there, this isn't purely points farmers, the integration with EigenLayer made it legitimate infrastructure before most people even noticed.
Renzo's restaking narrative still has legs if EigenLayer adoption keeps building. The bears will point to token unlock pressure, but this kind of move suggests someone's betting that risk is already priced in.
That wick off the lows last week was the tell, price kept rejecting down there and refusing to close under it, this 15% is just the market finally agreeing with what the candles already said.
Renzo is the liquid restaking thing right? Like who's actually parking ETH there beyond degens chasing points?