RVN

RVN Ravencoin

Price of 1 Ravencoin today (12 May)

$ 0.0061

-3.72%

Price of Ravencoin (RVN)

Market Cap

$ 99M

+8%

#412

FDV

$ 128.3M

Trading Volume, 24h

$ 5.3M

+4%

Dominance

0.0034%

In circulation RVN

16,205,490,914 77%

Max supply

21,000,000,000

Price Min/Max

24 hrs

$ 0.0061

$ 0.0064

30 days

$ 0.0056

$ 0.0065

1 year

$ 0.0051

$ 0.0237

RVN Sectors:

Ravencoin does not belong to any sector.

Exchanges where RVN is traded

	Exchange	Pair	Price	Volume, 24h
1	Bybit	RVN/USDT	$ 0.0061 ₮ 0.0061	$ 79,559	Go
2	BitMart	RVN/USDT	$ 0.0063 ₮ 0.0063	$ 1,197,643	Go
3	CoinUp.io	RVN/USDT	$ 0.0061 ₮ 0.0061	$ 1,137,985	Go
4		RVN/USDT	$ 0.0063 ₮ 0.0063	$ 754,023	Go
5	AscendEX (BitMax)	RVN/USDT	$ 0.0061 ₮ 0.0061	$ 319,716	Go
6	CoinW	RVN/USDT	$ 0.0062 ₮ 0.0062	$ 311,678	Go
7	Binance	RVN/USDT	$ 0.0063 ₮ 0.0063	$ 252,619	Go
8	WhiteBIT	RVN/USDT	$ 0.0062 ₮ 0.0062	$ 173,110	Go
9	Upbit	RVN/KRW	$ 0.0062 ₩ 9.2400	$ 153,662	Go
10	XT.COM	RVN/USDT	$ 0.0063 ₮ 0.0063	$ 137,115	Go

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The first currency trading commenced in 3 January 2018 , and up to the present day, Ravencoin (RVN) is traded on 52 crypto exchanges, including BitMart, CoinUp, Huobi Global, Binance and others. The maximum trading volume is observed for the trading pair RVN/USDT and reaches 5.1 mln. dollars (87% of the total volume across all exchanges). During the week, the minimum price for Ravencoin (RVN) is fixed on Thursday at 0.0061 cent. Currently, the token Ravencoin is trading in the range of 0.611 cent or 0.000021 kopecks for 1 RVN.

Calculator RVN

RVN

USDT

1 RVN = 0.0061 USD

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What is Ravencoin?

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.