Ravencoin (RVN) Market Capitalization Tops $251.31 Million

by · The Markets Daily

Ravencoin (RVN) traded 5.6% higher against the dollar during the one day period ending at 22:00 PM E.T. on October 14th. One Ravencoin coin can now be purchased for about $0.0175 or 0.00000027 BTC on exchanges. Ravencoin has a market cap of $251.31 million and approximately $5.91 million worth of Ravencoin was traded on exchanges in the last 24 hours. In the last seven days, Ravencoin has traded 3.8% higher against the dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded 3.4% higher against the dollar and now trades at $0.0517 or 0.00000078 BTC.
  • P2P Solutions foundation (P2PS) traded up 7% against the dollar and now trades at $170.19 or 0.00258322 BTC.

Ravencoin Profile

Ravencoin (CRYPTO:RVN) is a coin. Its genesis date was January 3rd, 2018. Ravencoin’s total supply is 14,388,015,448 coins. The Reddit community for Ravencoin is https://reddit.com/r/ravencoin and the currency’s Github account can be viewed here. Ravencoin’s official website is ravencoin.org. The official message board for Ravencoin is medium.com/@ravencoin. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible here.

According to CryptoCompare, “Ravencoin is a blockchain project that enables simple issuance and management of tradable assets on a blockchain. It was launched in 2018 without an ICO, pre-mine, or masternodes, and is notable for its use of the X16R and KAWPOW algorithms to prevent ASIC domination of the network. The project was announced by Bruce Fenton on Twitter and has a growing community with a development roadmap of seven phases. Ravencoin is designed to be energy-efficient and aims to provide a decentralized alternative to traditional financial instruments.”

Buying and Selling Ravencoin

It is usually not possible to purchase alternative cryptocurrencies such as Ravencoin directly using U.S. dollars. Investors seeking to trade Ravencoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ravencoin using one of the exchanges listed above.

RVN/USD price chart by TradingView