Ren (REN) is a cross-chain liquidity protocol that enables assets on the EtherWallet app to be tokenized. Ren's wrapped Bitcoin token on Bitcoin (ren BTC) has surpassed $1 billion in market capitalization in recent months. The price of REN has risen above $1, from over $0.50 at the start of the year. The analyst reported that the token represents 2% of his cryptocurrency portfolio.