Ravencoin (RVN) Reaches Market Capitalization of $198.62 Million

Ravencoin (RVN) traded down 0.4% against the US dollar during the 24-hour period ending at 13:00 PM E.T. on February 26th. In the last week, Ravencoin has traded 5.5% lower against the US dollar. Ravencoin has a total market cap of $198.62 million and approximately $1.26 million worth of Ravencoin was traded on exchanges in the last 24 hours. One Ravencoin coin can currently be bought for about $0.0134 or 0.00000015 BTC on exchanges.

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

• Taiko (TAIKO) traded 1.9% lower against the dollar and now trades at $0.88 or 0.00001019 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 0.8% lower against the dollar and now trades at $86,570.31 or 1.00300927 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.7% lower against the dollar and now trades at $86,441.62 or 1.00151820 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Ravencoin

Ravencoin is a coin. It was first traded on January 3rd, 2018. Ravencoin’s total supply is 14,869,703,842 coins. The official message board for Ravencoin is medium.com/@ravencoin. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible here. Ravencoin’s official website is ravencoin.org. The Reddit community for Ravencoin is https://reddit.com/r/ravencoin and the currency’s Github account can be viewed 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.”

Ravencoin Coin Trading

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

RVN/USD price chart by TradingView