Ravencoin Achieves Market Cap of $421.08 Million (RVN)

Ravencoin (RVN) traded down 0.8% against the U.S. dollar during the 1 day period ending at 19:00 PM Eastern on May 4th. During the last seven days, Ravencoin has traded down 4.6% against the U.S. dollar. One Ravencoin coin can currently be bought for $0.0305 or 0.00000048 BTC on exchanges. Ravencoin has a total market capitalization of $421.08 million and $29.31 million worth of Ravencoin was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded 0% higher against the dollar and now trades at $0.30 or 0.00000469 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0.2% against the dollar and now trades at $0.0101 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Ravencoin Coin Profile

Ravencoin is a coin. Its genesis date was January 3rd, 2018. Ravencoin’s total supply is 13,804,486,222 coins. The official message board for Ravencoin is medium.com/@ravencoin. The Reddit community for Ravencoin is https://reddit.com/r/ravencoin and the currency’s Github account can be viewed here. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible here. The official website for Ravencoin is ravencoin.org.

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 US dollars. Investors seeking to acquire Ravencoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ravencoin using one of the exchanges listed above.

RVN/USD price chart by TradingView