Ravencoin Reaches Market Capitalization of $284.24 Million (RVN)

Ravencoin (RVN) traded 0.5% lower against the dollar during the 24-hour period ending at 17:00 PM Eastern on July 21st. One Ravencoin coin can now be bought for about $0.0202 or 0.00000030 BTC on cryptocurrency exchanges. Ravencoin has a market capitalization of $284.24 million and approximately $8.81 million worth of Ravencoin was traded on exchanges in the last day. Over the last week, Ravencoin has traded 11.7% higher against the dollar.

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

• KILT Protocol (KILT) traded 0.3% higher against the dollar and now trades at $0.20 or 0.00000294 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 1.2% lower against the dollar and now trades at $0.0128 or 0.00000019 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. It launched on January 3rd, 2018. Ravencoin’s total supply is 14,083,247,388 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 trade Ravencoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ravencoin using one of the aforementioned exchanges.

RVN/USD price chart by TradingView