Renga NFT Price Pump – How High Can it Go, Is it The Next BAYC?

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Renga has seen an explosion in price with some pundits drawing similarity between it and the early stages of the Bored Ape Yacht Club.

Renga makes its move

If you’re not in the loop, Renga is a handcrafted collection of 10,000 characters developed by artist DirtyRobot. The NFTs have wider compatibility within the Renga universe. In short, RENGA is the art of storytelling.

Within just the last week, the floor price has seen a 3x increase in price from 0.77 eth to 2.9 eth.

Dirty Robot?

Some people may have never heard of Dirty Robot. The team is very strong, with one of the core team members being on Crypto Kitties.

Artist Dirty Robot initially created a collection called Art of Seasons and used mystery to ‘tease out’ the project (NFT people eat this up!).

This also means that there’s currently a limited amount of information out there about what the project is or could be (something that we’ve noticed drives up prices).

While Renga currently has a floor price of around 3 eth, the art of seasons has a much lower entry price of only 0.38 eth as of the time of writing.

The signal was identified

The popular NFT signals trading platform NFT Signals was able to identify the signal early on, netting investors a healthy profit.

They use a special technique that involves watching whale wallets to see what whales are collectively buying.

The theory is that whales must know how to make money – otherwise they wouldn’t be whales! The signal was successfully identified on their weekly Twitterspace (You can re-listen to the recording).

For more info on NFT signals, check out:


Free telegram signals:


About Gary McFarlane PRO INVESTOR

Gary was the production editor for 15 years at highly regarded UK investment magazine Money Observer. He covered subjects as diverse as social trading and fixed income exchange traded funds. Gary initiated coverage of bitcoin and cryptocurrencies at Money Observer and for three years to July 2020 was the cryptocurrency analyst at the UK's No. 2 investment platform Interactive Investor. In that role he provided expert commentary to a diverse number of newspapers, and other media outlets, including the Daily Telegraph, Evening Standard and the Sun. Gary has also written widely on cryptocurrencies for various industry publications, such as Coin Desk and The FinTech Times, City AM, Ethereum World News, and InsideBitcoins. Gary is the winner of Cryptocurrency Writer of the Year in the 2018 ADVFN International Awards.