Ravencoin (RVN) Market Cap Hits $405.77 Million

Ravencoin (RVN) traded down 3.8% against the US dollar during the 1 day period ending at 7:00 AM Eastern on May 8th. Ravencoin has a market capitalization of $405.77 million and approximately $31.56 million worth of Ravencoin was traded on exchanges in the last day. One Ravencoin coin can currently be bought for approximately $0.0294 or 0.00000047 BTC on popular cryptocurrency exchanges. In the last seven days, Ravencoin has traded up 8.7% against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 0.8% against the dollar and now trades at $0.30 or 0.00000478 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% 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.
• 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 2.1% higher against the dollar and now trades at $0.0102 or 0.00000016 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Ravencoin

Ravencoin (CRYPTO:RVN) is a coin. It was first traded on January 3rd, 2018. Ravencoin’s total supply is 13,817,036,201 coins. The official message board for Ravencoin is medium.com/@ravencoin. The Reddit community for Ravencoin is https://reddit.com/r/ravencoin and the currency’s Github account can be viewed here. Ravencoin’s official website is ravencoin.org. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible here.

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.”

Buying and Selling Ravencoin

It is usually not presently possible to purchase alternative cryptocurrencies such as Ravencoin directly using US dollars. Investors seeking to acquire 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 exchanges listed above.

RVN/USD price chart by TradingView