Ravencoin (RVN) Reaches Market Capitalization of $96.25 Million

Ravencoin (RVN) traded up 0.1% against the dollar during the 24-hour period ending at 12:00 PM Eastern on May 4th. Ravencoin has a market capitalization of $96.25 million and approximately $4.69 million worth of Ravencoin was traded on exchanges in the last 24 hours. One Ravencoin coin can now be bought for approximately $0.0059 or 0.00000007 BTC on popular exchanges. Over the last seven days, Ravencoin has traded 0.7% higher against the dollar.

Here is how other cryptocurrencies have performed over 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 down 2.2% 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 1.7% higher against the dollar and now trades at $79,892.22 or 0.99809726 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.9% higher against the dollar and now trades at $79,784.68 or 0.99836152 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.

Ravencoin Coin Profile

Ravencoin (CRYPTO:RVN) is a coin. Its launch date was January 3rd, 2018. Ravencoin’s total supply is 16,224,005,217 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 website is ravencoin.org. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible here.

According to CryptoCompare, “Ravencoin is a digital peer to peer network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was launched January 3rd, 2018, and is a truly open source project (no ICO or masternodes). It focuses on building a useful technology, with a strong and growing community. Launched on January 3rd, 2018, the ninth anniversary of bitcoin’s launch, Ravencoin is an open-source project designed to enable instant payments to anyone around the world. The aim of the project is to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another. A fork of the bitcoin code, Ravencoin features four key changes: The issuance schedule (block reward of 5,000 RVN)Block time (1 minute)Coin supply (21 Billion)Mining algorithm (KAWPOW formerly X16R and X16RV2 respectively)Telegram, Discord, Facebook”

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly 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