Ravencoin (RVN) Hits Market Cap of $242.37 Million

Ravencoin (RVN) traded up 6.9% against the dollar during the twenty-four hour period ending at 14:00 PM Eastern on November 5th. In the last seven days, Ravencoin has traded down 8.7% against the dollar. One Ravencoin coin can now be purchased for about $0.0168 or 0.00000024 BTC on major cryptocurrency exchanges. Ravencoin has a total market cap of $242.37 million and approximately $7.34 million worth of Ravencoin was traded on exchanges in the last day.

Here is how similar 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 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 2.9% higher against the dollar and now trades at $69,867.80 or 0.99751067 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% higher against the dollar and now trades at $69,673.06 or 0.99473029 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Ravencoin Coin Profile

Ravencoin (CRYPTO:RVN) is a coin. Its genesis date was January 3rd, 2018. Ravencoin’s total supply is 14,465,615,667 coins. The official website for Ravencoin 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 buy alternative cryptocurrencies such as Ravencoin directly using US dollars. Investors seeking to acquire Ravencoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ravencoin using one of the exchanges listed above.

RVN/USD price chart by TradingView