Ravencoin
RVNRank #730Updated . Prices are snapshots and may be delayed.
Ravencoin price chart (RVN)
AI Outlook for Ravencoin
Bearish posture- Long-term trend-63.5% vs 200-day average
- Medium-term trend-39.1% vs 50-day average
- Averages50-day below 200-day
- 3 more trend and momentum checks
- Nearby support and resistance levels
- What would strengthen or weaken the picture
Posture describes where the price stands today, from its own trend and momentum. It is not a forecast, a price target or financial advice. How it is worked out
Ravencoin price performance
About Ravencoin (RVN)
Ravencoin is a blockchain specifically dedicated to the creation and peer-to-peer transfer of assets. Just as Monero is solely focused on privacy, Ravencoin specializes in asset transfer – nothing more, nothing less. Although you can exchange assets over other blockchains, like Bitcoin and Ethereum, that’s not their intended purpose. And the lack of specialization leads to problems that are specific to transferring assets. Ravencoin enables you to create and trade any real-world (e.g., gold bars, land deeds) or digital (e.g., gaming items, software licenses) assets on a network with only that in mind.
Ravencoin doesn’t have an established team. It’s an open-source project led by the core developers: RavoncoinDev, Tron, and Chatturga (discord usernames). Bruce Fenton, Board Member of The Bitcoin Foundation, advises the team. The core developers launched Ravencoin on January 3rd, 2018 and Fenton kicked off the launch with a Tweet announcing the start of mining. The project gained some notoriety when Overstock CEO Patrick Byrne announced that his company had made a multi-million dollar investment into the team. Since then, the team has been building out the core functionality of asset support and rewards capabilities.
The release of the Ravencoin mainnet and increase in activity on the platform should help the price. Any news of notable companies or financial institutions utilizing the platform should also have a positive effect. Ravencoin offers just one thing: tokenized asset transfer. And that singular focus isn’t a bad thing. When projects attempt to solve a bunch of problems at once, they often create a bunch of half-baked solutions. Ravencoin is avoiding that. As a young project with seemingly endless competition, it’s difficult to predict how successful Ravencoin will be. An active community and backing from one of the most respected names in online retail are positive indicators, though. There’s a clear trend toward the tokenization of all types of assets. However, we have yet to see whether or not Ravencoin will be leading that change.
Launched Jan 3, 2018.
Where to trade Ravencoin
| Exchange | Pair | Price | 24h volume |
|---|---|---|---|
| Binance | RVN/USDT | $0.00159058 | $8.20M |
| HTX | RVN/USDT | $0.0015626 | $849.74K |
| OKX | RVN/USDT | $0.00158259 | $622.63K |
| Gate | RVN/USDT | $0.00158039 | $449.61K |
| Bybit | RVN/USDT | $0.00157759 | $408.19K |
| MEXC | RVN/USDT | $0.00159058 | $126.98K |
| Crypto.com Exchange | RVN/USD | $0.00156139 | $4.20K |
Established exchanges only, each with its busiest pair, by 24-hour volume. This is not a recommendation to use any exchange.
Ravencoin market data
What is the 24-hour trading volume of Ravencoin?
Ravencoin has traded $25,647,411 in the last 24 hours, about 97.9% of its market cap.
What is the market cap of Ravencoin?
Ravencoin has a market capitalization of $26,189,726, ranking #730 by market cap.
What is the all-time high of Ravencoin?
Ravencoin reached an all-time high of $0.2852 on Feb 20, 2021. It is currently −99.4% from that peak.
Prices and market data are provided for information only and are not investment advice. Cryptocurrency prices are volatile. Coin descriptions and statistics are sourced from CoinGecko.