RAIN Reaches All-Time High After WhiteBIT Listing, Gains 16.62%

RAIN Token Performance and Developments

  • RAIN increased by 16.62% in 24 hours, reaching $0.0100, with a peak of $0.0102 due to new exchange listing activity.
  • The 24-hour trading volume was $46.68 million, slightly down from the previous day's $48.81 million.
  • Over the past week, RAIN rose from $0.00835651 to current levels, with a market cap of $3.39 billion, ranking it 44th among cryptocurrencies.

RAIN/USD 15-minute chart showing the price spike to $0.01 on Jan. 22. | Source: GeckoTerminal

Exchange Listing Impact

  • Rain Protocol listed on WhiteBIT on Jan. 21, expanding access to over 35 million European users.
  • WhiteBIT supports RAIN as a decentralized prediction market for events like elections and sports.

Market Context

  • RAIN's gains surpassed the overall market rise of 1.59%, despite general market weakness.
  • The Fear & Greed Index indicated extreme fear, dropping from 24 to 20.

Fear & Greed Index at 20 (Extreme Fear) on Jan. 22, down from 61 (Greed) the previous week. | Source: Alternative.me

  • RAIN competes in the prediction market sector alongside platforms like Polymarket.
  • Enlivex Therapeutics announced a $212 million investment in RAIN, becoming the first U.S.-listed company with a prediction-markets-oriented treasury strategy.