Ravencoin (RVN) Reaches Market Cap of $228.66 Million

Ravencoin (RVN) traded 4.2% higher against the US dollar during the one day period ending at 18:00 PM Eastern on September 7th. One Ravencoin coin can now be purchased for about $0.0160 or 0.00000030 BTC on exchanges. Ravencoin has a total market capitalization of $228.66 million and approximately $6.65 million worth of Ravencoin was traded on exchanges in the last day. In the last week, Ravencoin has traded down 1.4% against the US dollar.

Here’s how related cryptocurrencies have performed in 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 2.2% lower 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 down 6.1% against the dollar and now trades at $0.0497 or 0.00000092 BTC.
• 2G Carbon Coin (2GCC) traded down 0.4% against the dollar and now trades at $0.0480 or 0.00000183 BTC.

About Ravencoin

Ravencoin is a coin. It launched on January 3rd, 2018. Ravencoin’s total supply is 14,255,136,643 coins. The official message board for Ravencoin 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. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible 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 US dollars. Investors seeking to trade Ravencoin should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ravencoin using one of the exchanges listed above.

RVN/USD price chart by TradingView