RVN is a coin of the Ravencoin platform. Its current price is around $0.05828 by the time of writing, with a low of $0.04072 in 2021, and has a market cap of 610 million dollars.
What is Ravencoin?
Ravencoin is a peer-to-peer blockchain that enables quick, borderless, and efficient transfer of assets. It can issue tokens for assets such as gold, shares of stock, or other in-game currency. Tron Black founded it in 2018, and its native coin, RVN, powers it.
Ravencoin is a peer-to-peer blockchain to efficiently transfer assets between parties. Its decentralized nature means that’s it safer and more secure than traditional platforms. Ravencoin is a protocol based on Bitcoin code that has been forked and added certain features to trade tokens through the blockchain.
What is RVN?
RVN is the coin of the Ravencoin platform, which is around $0.05828 by the time of writing, with a low of $0.04072 in 2021. Its current ranking is #99 according to CoinMarketCap, with a market cap of 610 million dollars.
RVN reached a high of $0.2694, with a low of $0.04072. The coin might experience a mild change or temporary decline, but the bulls will come back, making RVN an excellent long-term investment asset.
RVN Coin Market Analysis
RVN has a max supply of 21,000,000,000 coins worth around $0.05828 with a market volume of 30 million dollars, whereas the market capitalization is 610 million dollars at writing.
RVN Price Prediction
On the 1w time frame, $RVN/USDT was trading in a downtrend and formed the Descending triangle on a weekly time frame where the price action is currently at the Horizontal Support key level.
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Here are some of the best exchanges to buy RVN.
Nothing in this article is financial advice, and you should only invest in the market you believe is suitable for your portfolio.