|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, August 19, 2019 3:58:08PM UTC|
|Current price, USD:||0.034|
|Current price, BTC:||0.0000032|
|Market capitalization, USD:||142 848 851|
|Available supply:||4 230 710 000 RVN|
|Volume 24 hours, USD:||11 691 314|
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, $|
|Aug 10||0.040||0.038||0.041||165 777 743|
|Aug 11||0.039||0.038||0.04||160 043 638|
|Aug 12||0.038||0.038||0.039||158 110 093|
|Aug 13||0.038||0.036||0.038||154 291 590|
|Aug 14||0.037||0.034||0.037||143 450 567|
|Aug 15||0.034||0.033||0.035||147 996 260|
|Aug 16||0.035||0.033||0.035||138 965 970|
|Aug 17||0.033||0.032||0.033||137 714 917|
|Aug 18||0.033||0.032||0.035||143 494 782|
|Aug 19||0.034||0.034||0.035||142 848 851|
|RVN price change 24 hours||-2.1%|
|RVN price change 7 days||-11.29%|
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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