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    Ravencoin priceRVN

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    1 RVN = 0.01849 USD
    Last updated 2024-11-09 23:10:35(UTC-0)
    Buy RVN

    Ravencoin price live data summary

    The live price of Ravencoin is $0.01849 per (RVN / USD) today with a current market cap of $267.80M USD. The 24-hour trading volume is $10.63M USD. RVN to USD price is updated in real time. Ravencoin is 3.62% in the last 24 hours. It has a circulating supply of 14,480,690,000 .

    What is the highest price of RVN?

    RVN has an all-time high (ATH) of $0.2854, recorded on 2021-02-20.

    What is the lowest price of RVN?

    RVN has an all-time low (ATL) of $0.008794, recorded on 2020-03-13.
    Calculate Ravencoin profit

    Ravencoin price prediction

    When is a good time to buy RVN? Should I buy or sell RVN now?

    When deciding whether to buy or sell RVN, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget RVN technical analysis can provide you with a reference for trading.
    According to the RVN 4h technical analysis, the trading signal is Strong buy.
    According to the RVN 1d technical analysis, the trading signal is Buy.
    According to the RVN 1w technical analysis, the trading signal is Neutral.

    What will the price of RVN be in 2025?

    Based on RVN's historical price performance prediction model, the price of RVN is projected to reach $0.02883 in 2025.

    What will the price of RVN be in 2030?

    In 2030, the RVN price is expected to change by -5.00%. By the end of 2030, the RVN price is projected to reach $0.03422, with a cumulative ROI of +92.51%.

    Ravencoin ratings

    Average ratings from the community
    4.4
    101 ratings
    This content is for informational purposes only.

    About Ravencoin (RVN)

    What Is Ravencoin?

    Ravencoin is a peer-to-peer blockchain cryptocurrency network, launched in 2018, optimized for transferring assets from one token holder to another. This proof-of-work blockchain was conceived to serve as a robust alternative to Ethereum and other token-capable chains, facilitating the efficient issuance and transfer of tokens representing real-world assets or NFTs. Designed with a focus on decentralization and efficient token transfer, it offers a seamless network for digital asset and real-world goods transfer, standing as a beacon of specialization in the asset exchange landscape.

    The project, backed by Medici Ventures, a subsidiary of Overstock.com, operates on a UTXO coding infrastructure based on a Bitcoin fork. This open-source crypto protocol, which did not have an initial coin offering (ICO) or pre-sale, aims to democratize access to tokens, fostering a community where anyone can contribute to its code. Its design is similar to Bitcoin, yet it stands distinct with its unique mining algorithm, block rewards, and total supply, all fine-tuned to foster greater decentralization.

    Resources

    Whitepaper: https://ravencoin.org/assets/documents/Ravencoin.pdf

    Official Website: https://ravencoin.org/

    How Does Ravencoin Work?

    Ravencoin operates on a unique infrastructure, diverging from Bitcoin's pathway to create a network that is "fully asset aware". This blockchain network is designed to simplify the transfer of unique assets from one person to another, eliminating the need for a base currency like Bitcoin or Ethereum in asset exchanges. The network utilizes the KAWPOW consensus mechanism, a variant of the popular proof-of-work consensus mechanism, to synchronize its network, validate transfers, and facilitate the distribution of newly minted RVN tokens.

    At the core of its operations is the X16R mining algorithm, an ASIC-resistant mechanism promoting decentralized mining. This algorithm, coupled with features like a full asset aware protocol level system, facilitates seamless asset protection, security, and tracking. Moreover, it enables a fluid communication channel between token issuers and holders, fostering a community where stakeholders can actively participate in voting and decision-making processes.

    Ravencoin's blockchain also stands as a hub for unique tokens, where issuers can define special characteristics, including fungibility and the number of tokens issued. This network, optimized for efficiency, allows users to mint and trade their digital assets seamlessly, fostering a vibrant ecosystem for asset transfer and exchange.

    What Is RVN Token?

    RVN, the native token of the Ravencoin network, plays a pivotal role in the creation and operation of assets within the network. To create new assets, issuers need to burn a specific amount of RVN tokens, providing their token with a unique name and defining its characteristics. These tokens, which can represent real-world assets or NFTs, are central to fostering a decentralized and secure network.

    The RVN tokenomics is distinct, with a maximum supply set at 21 billion, similar to Bitcoin. This token, with its unique infrastructure, stands as a promising entity in the decentralized finance (DeFi) applications, offering avenues for borrowing, lending, and trading.

    Ravencoin's Impact on Finance

    In the financial sphere, Ravencoin is poised to revolutionize asset transfers and exchanges. Its ability to tokenize real-world assets, shares of stock, virtual goods, and rewards presents a plethora of opportunities for enterprises and industries. Moreover, its facilitation of non-fungible tokens (NFTs) opens up new avenues in the digital asset space, offering a promising platform for the creation and exchange of various asset types.

    Furthermore, Ravencoin's potential to streamline communication with shareholders and facilitate easy voting processes stands as a testament to its potential to simplify existing financial systems. Its commitment to privacy and security, coupled with its robust community and corporate backing, paints a promising picture for investors, hinting at a bright future in the financial landscape.

    What Determines Ravencoin's Price?

    Analyzing the current trends and factors influencing the Ravencoin price today, it is essential to delve deep into various elements that play a pivotal role in determining the RVN token price. The Ravencoin price prediction is a complex interplay of several factors, including its unique technology, market dynamics, and the broader cryptocurrency landscape.

    Ravencoin, built on a fork of the Bitcoin code, emerged in 2018 with a special focus on facilitating the issuance and transfer of tokens, representing a spectrum of assets including real-world assets and NFTs. The blockchain operates under a Proof-of-Work consensus mechanism, utilizing a distinct X16R hashing algorithm. This algorithm is crafted to resist mining through application-specific integrated circuit chips (ASICs), fostering a more decentralized mining environment, which could potentially influence the RVN crypto price. The Ravencoin market cap is a crucial determinant in its price trend, boasting a total supply of 21 billion RVN.

    Furthermore, the Ravencoin trading volume is significantly swayed by its utility and range of use cases. Ravencoin stands as a formidable platform for issuing tokens that embody a myriad of asset types, including stock shares, virtual goods, and rewards. Its adeptness to integrate with decentralized finance (DeFi) applications and facilitate the creation of non-fungible tokens (NFTs) accentuates its allure as a prospective investment avenue. When contemplating a Ravencoin investment, it's vital to monitor the latest Ravencoin RVN news for insights into its evolving ecosystem and burgeoning partnerships, which could potentially sway the RVN price forecast.

    As you contemplate whether to buy Ravencoin, it is advised to undertake rigorous research and analysis, encompassing various RVN price analysis and RVN token price predictions from diverse sources. Staying updated with the Ravencoin price live and RVN price in USD through trustworthy platforms can grant a comprehensive viewpoint of its potential trajectory, assisting in crafting informed investment choices. Bear in mind, the cryptocurrency market embodies volatility, necessitating a well-rounded approach to Ravencoin investment, where both its historical performance and future prospects are meticulously considered.

    Conclusion

    In the dynamic landscape of cryptocurrency and blockchain networks, Ravencoin emerges as a potent force, revolutionizing the asset transfer arena since its inception in 2018. Leveraging a decentralized peer-to-peer blockchain network, it facilitates seamless transfers of assets, including non-fungible tokens (NFTs) and real-world goods, between individuals without the need for an intermediary base currency. At the helm of its operations is the unique KAWPOW consensus mechanism and X16R mining algorithm, ensuring decentralization and secure, efficient asset exchanges. The RVN token, central to the network's functionality, embodies a promising avenue in the decentralized finance (DeFi) sphere, enabling new opportunities for asset creation and trade. Furthermore, its potential to streamline shareholder communication and voting processes delineates its capability to simplify financial systems. Investors and stakeholders keen on harnessing the potentials of this burgeoning network should maintain a keen eye on the evolving market dynamics and Ravencoin's developments, as it continues to carve out its niche in the expansive cryptocurrency ecosystem.

    Ravencoin price performance in USD

    24h7 days30 days90 days1 yearAll-time
    +3.62%+13.02%+16.51%+21.53%-1.86%-30.13%

    Ravencoin price history in USD

    The price of Ravencoin is -1.86% over the last year. The highest price of RVN in USD in the last year was $0.06066 and the lowest price of RVN in USD in the last year was $0.01284.
    TimeLowHigh
    24h$0.01773$0.01852
    7d$0.01533$0.01852
    30d$0.01533$0.02122
    90d$0.01465$0.02122
    1y$0.01284$0.06066
    All-time$0.008794(2020-03-13, 4 years ago )$0.2854(2021-02-20, 3 years ago )

    Ravencoin market information

    Market cap
    $267,795,632.27
    +3.62%
    Fully diluted market cap
    $388,359,139.78
    +3.62%
    Volume (24h)
    $10,633,342.62
    +34.25%
    Market rankings
    Circulation rate
    +100.00%
    24h volume / market cap
    0.0397
    Circulating supply
    14,480,690,000 RVN
    Total supply / Max supply
    14.48B RVN
    -- RVN
    Buy Ravencoin now

    Ravencoin Social Data

    In the last 24 hours, the social media sentiment score for Ravencoin was 3.2, and the social media sentiment towards Ravencoin price trend was Bullish. The overall Ravencoin social media score was 1,137, which ranks 675 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Ravencoin being mentioned with a frequency ratio of 0.01%, ranking 403 among all cryptocurrencies.

    In the last 24 hours, there were a total of 305 unique users discussing Ravencoin, with a total of Ravencoin mentions of 57. However, compared to the previous 24-hour period, the number of unique users decrease by 6%, and the total number of mentions has decrease by 51%.

    On Twitter, there were a total of 5 tweets mentioning Ravencoin in the last 24 hours. Among them, 20% are bullish on Ravencoin, 0% are bearish on Ravencoin, and 80% are neutral on Ravencoin.

    On Reddit, there were 69 posts mentioning Ravencoin in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 18% .

    All social overview

    Average sentiment (24h)
    3.2
    Social media score (24h)
    1.14K(#675)
    Social contributors (24h)
    305
    -6%
    Social media mentions (24h)
    57(#403)
    -51%
    Social media dominance (24h)
    0.01%
    X
    X posts (24h)
    5
    +400%
    X sentiment (24h)
    Bullish
    20%
    Neutral
    80%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    28
    Reddit posts (24h)
    69
    -18%
    Reddit comments (24h)
    0
    0%

    How to buy Ravencoin(RVN)

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    Buy Ravencoin (RVN)

    Buy Ravencoin (RVN)

    Use a variety of payment options to buy Ravencoin on Bitget. We'll show you how.

    Trade RVN perpetual futures

    After having successfully signed up on Bitget and purchased USDT or RVN tokens, you can start trading derivatives, including RVN futures and margin trading to increase your income.

    The current price of RVN is $0.01849, with a 24h price change of +3.62%. Traders can profit by either going long or short onRVN futures.

    Join RVN copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or RVN tokens, you can also start copy trading by following elite traders.

    FAQ

    Is Ravencoin (RVN) a good investment?

    Ravencoin: Real-World Utility and Investment Potential Ravencoin stands out as an investment choice with real-world applications. Its blockchain enables the creation of security tokens and tokenization of assets like art, real estate, and stocks. The rising demand for tokenized assets could drive Ravencoin's price higher. Increased adoption for asset tokenization and payments, alongside growing network mining, may boost Ravencoin's price. Market sentiment also plays a significant role, with positive investor sentiment or a risk-on market potentially driving up RVN's value.

    Can RVN reach $100?

    Predicting the exact future of Ravencoin (RVN) prices remains elusive, but breaching the $100 threshold seems improbable. One pivotal factor hindering RVN's ascent to $100 is its substantial circulating supply. Achieving an RVN coin value of $100 would propel the Ravencoin market capitalization beyond a staggering $11 trillion—an exceedingly unrealistic milestone. Reviewing Ravencoin's historical performance, the all-time high hovered just above $0.285. To approach and potentially surpass this peak, RVN would rely on fundamental drivers like bullish market sentiment and expanding adoption. However, to reach the $100 mark, the project's developers would need to substantially reduce the supply from billions to at least millions—an improbable feat in the near term. Therefore, attaining an RVN to USD price of $100 remains a considerable challenge.

    What is the use case of RVN token?

    RVN stands as the native token powering the Ravencoin blockchain, with its utility extending across various vital functions: Transaction Fees: $RVN serves as the means to cover transaction fees for users conducting payments on the Ravencoin blockchain. Notably, the network levies minimal transaction fees, particularly when compared to peers like Bitcoin. Inherent Currency: Within the Ravencoin ecosystem, RVN coins are expended when issuing new tokens on the blockchain, forming an integral part of the token creation process. Mining Rewards: Mining RVN offers the opportunity to contribute to the security of the Ravencoin network while reaping rewards. Mining can be accomplished through GPUs or mining pools, with newly minted RVN cryptocurrency being the outcome of validating transactions and crafting fresh blockchain blocks. Cryptocurrency for Trading and Holding (HODLing): Ravencoin presents an engaging option for cryptocurrency trading or long-term investment. You can either trade RVN against other cryptocurrencies or hold onto it if you have faith in the future potential of the Ravencoin project. Before making any moves in the market, it's prudent to check real-time Ravencoin price, RVN market cap, circulating supply, 24-hour trading volume, and the latest crypto news to make informed trading decisions.

    When is the next Ravencoin halving?

    Thefirst halving event within the Ravencoin blockchain unfolded on January 11, 2022, specifically at block 2,100,000. As a result of this pivotal event, miners witnessed a 50% reduction in block rewards, with the figures declining from 5,000 RVN to 2,500 RVN. The subsequent halving event is poised to materialize after the creation of an additional 2,100,000 blocks, which is estimated to span approximately 1,458.3333 days from the occurrence of the inaugural event. In terms of years, this translates to an additional 3.99 years post the first halving event. However, it's essential to bear in mind that this calculation hinges on the presumption that block time remains fixed at 1 minute—a circumstance not guaranteed. Block time is contingent upon variations in mining power, and as such, it holds the potential to influence the timeline projected by Ravencoin developers.

    How do I mine RVN tokens?

    Mining RVN offers an appealing avenue to increase your cryptocurrency holdings while actively endorsing and securing the Ravencoin blockchain. Here's a concise guide on how to initiate RVN coin mining: Download the official Ravencoin wallet from the project's website and set up an account. To fund your wallet, acquire RVN from platforms like Bitget or other supported exchanges and transfer them to your Ravencoin wallet. Explore the "Pools" section on the Ravencoin website to peruse the available mining pools and platforms. Select your preferred pool or platform. Download a GPU mining software to kickstart the process of mining Ravencoin. Follow the instructions detailed on the official Ravencoin Wiki page dedicated to mining to configure your GPU mining software effectively. Once your GPU miner is configured, you're all set to start accumulating RVN coins by contributing your computing resources to the network.

    What is the best way to mine RVN tokens?

    Generally, for smaller-scale Ravencoin miners, the optimal approach is to participate in a mining pool. While pinpointing the precise extent of increased profitability when joining a pool can be challenging, numerous pools function on the Pay Per Share (PPS) system. Under this system, miners receive rewards based on their hashrate, irrespective of whether the pool successfully mines a block or not.

    What is the current price of Ravencoin?

    The live price of Ravencoin is $0.02 per (RVN/USD) with a current market cap of $267,795,632.27 USD. Ravencoin's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Ravencoin's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Ravencoin?

    Over the last 24 hours, the trading volume of Ravencoin is $10.63M.

    What is the all-time high of Ravencoin?

    The all-time high of Ravencoin is $0.2854. This all-time high is highest price for Ravencoin since it was launched.

    Can I buy Ravencoin on Bitget?

    Yes, Ravencoin is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

    Can I get a steady income from investing in Ravencoin?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Ravencoin with the lowest fee?

    We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

    Where can I buy Ravencoin (RVN)?

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