|Brief||Ravencoin is a digital peer to peer network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another.|
|Last updated:||Monday, October 14, 2019 4:58:06AM UTC|
|Current price, USD:||0.036|
|Current price, BTC:||0.0000043|
|Market capitalization, USD:||165 976 653|
|Available supply:||4 627 840 000 RVN|
|Volume 24 hours, USD:||22 566 448|
General RVN facts, technical details and general information about Ravencoin crypto currency
Ravencoin is a digital peer to peer network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was launched January 3rd, 2018, and is a truly open source project (no ICO or masternodes). It focuses on building a useful technology, with a strong and growing community.
A Ravencoin post on Medium from November 2017 references Game of Thrones when introducing this experimental currency: “In the fictional world of Westeros, ravens are used as messengers who carry statements of truth. Ravencoin is a use case specific blockchain designed to carry statements of truth about who owns what assets”.
Launched on January 3rd, 2018, the ninth anniversary of bitcoin’s launch, Ravencoin is an open-source project designed to enable instant payments to anyone around the world. The aim of the project is to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another.
We list daily Ravencoin historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Oct 05||0.031||0.031||0.032||144 555 035|
|Oct 06||0.031||0.03||0.031||140 923 749|
|Oct 07||0.031||0.03||0.033||147 850 054|
|Oct 08||0.032||0.031||0.033||147 109 742|
|Oct 09||0.032||0.032||0.033||152 809 387|
|Oct 10||0.033||0.033||0.039||175 232 568|
|Oct 11||0.037||0.035||0.038||164 138 429|
|Oct 12||0.036||0.036||0.039||177 966 731|
|Oct 13||0.038||0.036||0.038||169 104 492|
|Oct 14||0.037||0.036||0.037||165 976 653|
|RVN price change 24 hours||-5.93%|
|RVN price change 7 days||16.47%|
RVN has so much potential because it unleashes STOs into the market. The STO craze has failed to materialize so far, but it’s on its way. IEOs have taken the spotlight away from STOs, but its obvious that many large institutions and firms are paving the way for STOs to become the norm. It also means that everything will be on the blockchain. RVN helps build this up and coming ecosystem, so it’s important to atleast hold some of of it.
RVN is a huge lottery ticket. If you buy the dips and have the guts to wait it out you more then likely will come out on top. If you buy the hype and follow the crowd you're guaranteed to get dumped on. It's shocking how many people actually fall for pump and dumps, but raven is actually worth it IF you get in near the bottom. Wait til people are abandoning ship AND then get it.
RVN just keeps going! This coin is a unstoppable train and every day it sees pumps that are in the range between 5-10%. This has been the easiest swing trade coin in my whole port. I don't know why people are so afraid of jumping in and out of RVN, it consistently pump and then dumps. Just make sure you get out before it Dumps.
RVN was a genius idea and the fact that STOs have become the next thing in blockchain, it only makes sense that this coin sees consistent pumps. As with every pump there is a dump, but still this coins performs strongly every few months. Following STOs seems to make the most amount of money at the moment. ICOs have been dead for a while and probably won't gain the same amount of fame as in 2017 and 2018.
This is always a lottery, which means there are certain risks. So immediately hard to say this or that cryptocurrency. Moreover, they themselves wrote that Ravencoin is still relatively young. Even if there are positive trends in the first pairs, this does not mean that after half a year it will still be afloat. So then decide for yourself.
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