Ravencoin Reaches Market Cap of $240.91 Million (RVN)

Ravencoin (RVN) traded up 5.2% against the U.S. dollar during the twenty-four hour period ending at 20:00 PM Eastern on November 5th. Ravencoin has a market capitalization of $240.91 million and approximately $9.41 million worth of Ravencoin was traded on exchanges in the last day. In the last week, Ravencoin has traded down 7.2% against the U.S. dollar. One Ravencoin coin can now be bought for $0.0167 or 0.00000023 BTC on cryptocurrency exchanges.

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 down 2.2% 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 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.
• SolvBTC (SOLVBTC) traded 4.2% higher against the dollar and now trades at $70,585.08 or 0.99507076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.6% higher against the dollar and now trades at $70,265.04 or 0.99055899 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Ravencoin

Ravencoin (CRYPTO:RVN) is a coin. Its genesis date was January 3rd, 2018. Ravencoin’s total supply is 14,466,682,662 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. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible here. Ravencoin’s official message board is medium.com/@ravencoin.

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.”

Ravencoin Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Ravencoin directly using US dollars. Investors seeking to trade Ravencoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. 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