Ravencoin rvn
+ 1.22 % $ 0.02218132
$0.02139148 24H Range $0.02285462
Market Data
Price $ 0.02218132
Volume $ 22,623,702.00
Volume / Market Cap 0.0856
Supply
Circulating Supply 11,907,968,088.81
Total Supply 11,907,780,693.81
Valuation
Market Cap $ 264,149,785.00
Ravencoin (rvn) Price Chart
Ravencoin (rvn) Price Info
Timeframe Price Change(%)
1h -0.23%
24h 1.22%
7d 1.58%
14d -2.71%
30d -12.48%
1y -76.08%
Ravencoin is a blockchain specifically dedicated to the creation and peer-to-peer transfer of assets. Just as Monero is solely focused on privacy, Ravencoin specializes in asset transfer – nothing more, nothing less. Although you can exchange assets over other blockchains, like Bitcoin and Ethereum, that’s not their intended purpose. And the lack of specialization leads to problems that are specific to transferring assets. Ravencoin enables you to create and trade any real-world (e.g., gold bars, land deeds) or digital (e.g., gaming items, software licenses) assets on a network with only that in mind. Ravencoin doesn’t have an established team. It’s an open-source project led by the core developers: RavoncoinDev, Tron, and Chatturga (discord usernames). Bruce Fenton, Board Member of The Bitcoin Foundation, advises the team. The core developers launched Ravencoin on January 3rd, 2018 and Fenton kicked off the launch with a Tweet announcing the start of mining. The project gained some notoriety when Overstock CEO Patrick Byrne announced that his company had made a multi-million dollar investment into the team. Since then, the team has been building out the core functionality of asset support and rewards capabilities. The release of the Ravencoin mainnet and increase in activity on the platform should help the price. Any news of notable companies or financial institutions utilizing the platform should also have a positive effect. Ravencoin offers just one thing: tokenized asset transfer. And that singular focus isn’t a bad thing. When projects attempt to solve a bunch of problems at once, they often create a bunch of half-baked solutions. Ravencoin is avoiding that. As a young project with seemingly endless competition, it’s difficult to predict how successful Ravencoin will be. An active community and backing from one of the most respected names in online retail are positive indicators, though. There’s a clear trend toward the tokenization of all types of assets. However, we have yet to see whether or not Ravencoin will be leading that change.
News about Ravencoin
Little-Known Altcoin Ravencoin ($RVN) Surges on New Binance Announcement
cryptoglobe.com • 13 days ago
Ravencoin spikes 20% following Binance Pool announcement
cryptoslate.com • 16 days ago
KLAY, CHZ, XEC, ICP and RVN Fall as Fear Reigns Over Crypto Market
beincrypto.com • 2 months ago
Why CHZ, RVN, LDO, XLM And ATOM Are Dropping Like Flies
beincrypto.com • 2 months ago
PoW Tokens Take A Hit: Ravencoin and Ethereum Classic Crash Over 20%
newsbtc.com • 3 months ago
RVN, ETC, TON, EOS and CRV Are Tanking: Here’s Why
beincrypto.com • 3 months ago
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