Ravencoin (RVN) Achieves Market Capitalization of $248.47 Million

Ravencoin (RVN) traded up 4.9% against the US dollar during the one day period ending at 7:00 AM Eastern on September 19th. Ravencoin has a market cap of $248.47 million and $8.10 million worth of Ravencoin was traded on exchanges in the last day. One Ravencoin coin can now be bought for approximately $0.0174 or 0.00000028 BTC on major cryptocurrency exchanges. During the last week, Ravencoin has traded down 0.8% against the US dollar.

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

• 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 10.8% lower against the dollar and now trades at $0.0394 or 0.00000063 BTC.
• P2P Solutions foundation (P2PS) traded 4.9% higher against the dollar and now trades at $156.64 or 0.00250679 BTC.

About Ravencoin

RVN is a coin. It was first traded on January 3rd, 2018. Ravencoin’s total supply is 14,296,481,298 coins. Ravencoin’s official message board is medium.com/@ravencoin. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible here. 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.

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 purchase alternative cryptocurrencies such as Ravencoin directly using U.S. dollars. Investors seeking to acquire Ravencoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ravencoin using one of the aforementioned exchanges.

RVN/USD price chart by TradingView