Ravencoin Achieves Market Capitalization of $255.32 Million (RVN)

Ravencoin (RVN) traded up 2.9% against the dollar during the 1-day period ending at 21:00 PM Eastern on October 19th. One Ravencoin coin can currently be purchased for approximately $0.0177 or 0.00000026 BTC on popular cryptocurrency exchanges. Ravencoin has a total market capitalization of $255.32 million and approximately $7.76 million worth of Ravencoin was traded on exchanges in the last day. Over the last seven days, Ravencoin has traded 5.1% higher against the dollar.

Here’s how similar cryptocurrencies have performed over 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
  • MVP Coin (MVP) traded 7.8% higher against the dollar and now trades at $0.0801 or 0.00000117 BTC.
  • P2P Solutions foundation (P2PS) traded up 0.1% against the dollar and now trades at $170.77 or 0.00250198 BTC.

Ravencoin Profile

RVN is a coin. Its genesis date was January 3rd, 2018. Ravencoin’s total supply is 14,405,749,503 coins. Ravencoin’s official website is ravencoin.org. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible here. Ravencoin’s official message board 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.

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 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 Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ravencoin using one of the exchanges listed above.

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