Ravencoin (RVN) Achieves Market Capitalization of $222.58 Million

Ravencoin (RVN) traded 0.3% lower against the US dollar during the 1 day period ending at 19:00 PM Eastern on August 4th. One Ravencoin coin can currently be bought for approximately $0.0157 or 0.00000027 BTC on major cryptocurrency exchanges. Over the last week, Ravencoin has traded 14.8% lower against the US dollar. Ravencoin has a total market capitalization of $222.58 million and $17.14 million worth of Ravencoin was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• 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 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 1.9% higher 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.6% against the dollar and now trades at $0.0124 or 0.00000021 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 5% lower against the dollar and now trades at $0.0770 or 0.00000131 BTC.

About Ravencoin

Ravencoin is a coin. Its launch date was January 3rd, 2018. Ravencoin’s total supply is 14,133,658,568 coins. The official website for Ravencoin is ravencoin.org. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible here. Ravencoin’s official message board 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.

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 currently possible to buy alternative cryptocurrencies such as Ravencoin directly using US dollars. Investors seeking to acquire Ravencoin should first buy 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 buy Ravencoin using one of the exchanges listed above.

RVN/USD price chart by TradingView