Ravencoin Hits Market Capitalization of $263.43 Million (RVN)

Ravencoin (RVN) traded down 9.9% against the US dollar during the 24-hour period ending at 18:00 PM E.T. on October 25th. Over the last week, Ravencoin has traded 7.3% higher against the US dollar. One Ravencoin coin can now be bought for $0.0183 or 0.00000027 BTC on major cryptocurrency exchanges. Ravencoin has a total market capitalization of $263.43 million and approximately $59.38 million worth of Ravencoin was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• 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 2.2% lower 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.
• 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 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded 2% lower against the dollar and now trades at $161.03 or 0.00239915 BTC.

About Ravencoin

Ravencoin (RVN) is a coin. It was first traded on January 3rd, 2018. Ravencoin’s total supply is 14,426,754,918 coins. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible here. Ravencoin’s official website is ravencoin.org. 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.

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 acquire Ravencoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ravencoin using one of the exchanges listed above.

RVN/USD price chart by TradingView