Rarible (RARI) Hits Market Cap of $41.32 Million

Rarible (RARI) traded down 0.5% against the US dollar during the 24-hour period ending at 7:00 AM Eastern on February 6th. Rarible has a market capitalization of $41.32 million and approximately $356,846.09 worth of Rarible was traded on exchanges in the last day. One Rarible token can currently be purchased for approximately $1.67 or 0.00001695 BTC on cryptocurrency exchanges. Over the last seven days, Rarible has traded down 9.4% against the US dollar.

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

• GMX (GMX) traded 0.8% higher against the dollar and now trades at $17.24 or 0.00017471 BTC.
• 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 1.2% higher 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.
• SolvBTC (SOLVBTC) traded up 0.7% against the dollar and now trades at $98,722.80 or 1.00061286 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 1.2% against the dollar and now trades at $98,425.93 or 0.99760389 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Rarible Token Profile

Rarible’s launch date was July 15th, 2020. Rarible’s total supply is 25,000,000 tokens and its circulating supply is 24,712,053 tokens. Rarible’s official Twitter account is @rarifoundation and its Facebook page is accessible here. The official website for Rarible is rari.foundation.

According to CryptoCompare, “RARI is the native cryptocurrency for the Rarible protocol, an Ethereum-based ERC-20 token. It empowers token holders with decision-making rights, enabling them to propose ideas and vote on platform upgrades. Rarible is a community-owned marketplace for creating, trading, and collecting non-fungible tokens (NFTs). It operates on the Ethereum blockchain and supports multiple chains like Ethereum, Tezos, and Flow. RARI tokens can be earned by participating on the Rarible platform and are used for curating content and participating in governance. The token’s role in governance allows holders to influence the development and operational aspects of Rarible. Rarible was established by Alex Salnikov and Alexei Falin, and is based in New York.”

Buying and Selling Rarible

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

RARI/USD price chart by TradingView