Ravencoin Reaches Market Capitalization of $429.24 Million (RVN)

Ravencoin (RVN) traded 1.9% lower against the dollar during the twenty-four hour period ending at 14:00 PM Eastern on May 22nd. During the last week, Ravencoin has traded 7.4% higher against the dollar. Ravencoin has a total market capitalization of $429.24 million and $14.97 million worth of Ravencoin was traded on exchanges in the last day. One Ravencoin coin can now be purchased for $0.0310 or 0.00000044 BTC on major exchanges.

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

• KILT Protocol (KILT) traded down 5.6% against the dollar and now trades at $0.29 or 0.00000413 BTC.
• 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 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 up 1.2% 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 1.9% lower against the dollar and now trades at $0.0103 or 0.00000015 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Ravencoin

RVN is a coin. It was first traded on January 3rd, 2018. Ravencoin’s total supply is 13,868,025,271 coins. Ravencoin’s official message board is medium.com/@ravencoin. 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 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 currently possible to buy alternative cryptocurrencies such as Ravencoin directly using U.S. dollars. Investors seeking to trade Ravencoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ravencoin using one of the exchanges listed above.

RVN/USD price chart by TradingView