Reserve Rights (RSR) Market Capitalization Achieves $482.16 Million

Reserve Rights (RSR) traded 1.7% lower against the dollar during the 1-day period ending at 12:00 PM E.T. on February 22nd. One Reserve Rights token can now be bought for $0.0087 or 0.00000009 BTC on major cryptocurrency exchanges. Reserve Rights has a market cap of $482.16 million and $31.39 million worth of Reserve Rights was traded on exchanges in the last day. During the last week, Reserve Rights has traded up 3.4% against the dollar.

Here is how other cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded 0.9% lower against the dollar and now trades at $1.04 or 0.00001078 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.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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.
• SolvBTC (SOLVBTC) traded 1.8% lower against the dollar and now trades at $96,489.11 or 0.99839611 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2% against the dollar and now trades at $96,037.54 or 0.99372362 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Reserve Rights Profile

Reserve Rights was first traded on May 17th, 2019. Reserve Rights’ total supply is 100,000,000,000 tokens and its circulating supply is 55,382,047,907 tokens. Reserve Rights’ official Twitter account is @reserveprotocol and its Facebook page is accessible here. The Reddit community for Reserve Rights is https://reddit.com/r/reserveprotocol and the currency’s Github account can be viewed here. The official website for Reserve Rights is reserve.org.

According to CryptoCompare, “Reserve Rights (RSR) is an ERC-20 token used within the Reserve Protocol for staking, governance, and collateral protection across Reserve Tokens (RTokens). It supports the decentralised management of RTokens by allowing holders to participate in governance decisions and providing overcollateralisation in case of asset defaults. Founded by Nevin Freeman and Matt Elder, the Reserve Protocol aims to create stable, asset-backed digital currencies with a transparent emission model and decentralised governance structure.”

Buying and Selling Reserve Rights

It is usually not possible to buy alternative cryptocurrencies such as Reserve Rights directly using US dollars. Investors seeking to acquire Reserve Rights should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Reserve Rights using one of the exchanges listed above.

RSR/USD price chart by TradingView