Ravencoin (RVN) Market Capitalization Hits $248.71 Million

by · The Markets Daily

Ravencoin (RVN) traded 6.4% lower against the US dollar during the 24 hour period ending at 13:00 PM ET on October 26th. During the last seven days, Ravencoin has traded down 0.3% against the US dollar. Ravencoin has a market capitalization of $248.71 million and $17.14 million worth of Ravencoin was traded on exchanges in the last 24 hours. One Ravencoin coin can now be bought for about $0.0172 or 0.00000026 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower 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 1.2% higher 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
  • P2P Solutions foundation (P2PS) traded 2.5% lower against the dollar and now trades at $159.99 or 0.00239075 BTC.

About Ravencoin

Ravencoin is a coin. It launched on January 3rd, 2018. Ravencoin’s total supply is 14,429,712,373 coins. The official website for Ravencoin is ravencoin.org. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible here. The Reddit community for Ravencoin is https://reddit.com/r/ravencoin and the currency’s Github account can be viewed here. The official message board for Ravencoin is medium.com/@ravencoin.

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 presently possible to buy alternative cryptocurrencies such as Ravencoin directly using U.S. dollars. Investors seeking to acquire Ravencoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ravencoin using one of the aforementioned exchanges.

RVN/USD price chart by TradingView