Ravencoin (RVN) Reaches Market Cap of $228.66 Million

Ravencoin (RVN) traded up 4.2% against the U.S. dollar during the 24 hour period ending at 18:00 PM E.T. on September 7th. Ravencoin has a market capitalization of $228.66 million and approximately $6.65 million worth of Ravencoin was traded on exchanges in the last day. One Ravencoin coin can currently be purchased for about $0.0160 or 0.00000030 BTC on cryptocurrency exchanges. In the last seven days, Ravencoin has traded 1.4% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last day:

• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 6.1% lower against the dollar and now trades at $0.0497 or 0.00000092 BTC.
• 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

Ravencoin Profile

RVN is a coin. It was first traded on January 3rd, 2018. Ravencoin’s total supply is 14,255,136,643 coins. 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. The official message board for Ravencoin is medium.com/@ravencoin. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible 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.”

Buying and Selling Ravencoin

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

RVN/USD price chart by TradingView