Raiden Network Token (RDN) Price Reaches $0.99 on Major Exchanges

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Raiden Network Token (CURRENCY:RDN) traded 5.8% lower against the U.S. dollar during the 24-hour period ending at 14:00 PM E.T. on May 4th. One Raiden Network Token coin can currently be purchased for $0.99 or 0.00001823 BTC on major exchanges. During the last week, Raiden Network Token has traded 4% lower against the U.S. dollar. Raiden Network Token has a total market capitalization of $50.34 million and approximately $1.81 million worth of Raiden Network Token was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed during the last day:

  • OMG Network (OMG) traded down 3% against the dollar and now trades at $8.92 or 0.00016466 BTC.
  • Thunder Token (TT) traded 11% lower against the dollar and now trades at $0.0168 or 0.00000031 BTC.
  • Mithril (MITH) traded down 14.4% against the dollar and now trades at $0.11 or 0.00000204 BTC.
  • Harvest Finance (FARM) traded up 3.5% against the dollar and now trades at $166.47 or 0.00307449 BTC.
  • ROOBEE (ROOBEE) traded 8.8% lower against the dollar and now trades at $0.0187 or 0.00000034 BTC.
  • The Force Protocol (FOR) traded down 0.6% against the dollar and now trades at $0.0238 or 0.00000126 BTC.
  • Dracula Token (DRC) traded down 21.4% against the dollar and now trades at $0.66 or 0.00001213 BTC.
  • Digital Reserve Currency (DRC) traded 5.7% lower against the dollar and now trades at $0.0079 or 0.00000015 BTC.
  • ContentBox (BOX) traded 14% lower against the dollar and now trades at $0.0034 or 0.00000006 BTC.
  • BOX Token (BOX) traded up 3% against the dollar and now trades at $0.0550 or 0.00000102 BTC.

About Raiden Network Token

Raiden Network Token (CRYPTO:RDN) is a proof-of-stake (PoS) coin that uses the ETH Token hashing algorithm. It was first traded on March 8th, 2015. Raiden Network Token’s total supply is 100,000,000 coins and its circulating supply is 50,991,692 coins. Raiden Network Token’s official Twitter account is @raiden_network. The Reddit community for Raiden Network Token is /r/raidennetwork and the currency’s Github account can be viewed here. The official website for Raiden Network Token is Raiden Network Token’s official message board is

According to CryptoCompare, “The Raiden Network is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments. It’s complementary to the Ethereum blockchain and works with any ERC20 compatible token. The Raiden project is work in progress. Its goal is to research state channel technology, define protocols and develop reference implementations. The Raiden Network is an infrastructure layer on top of the Ethereum blockchain. While the basic idea is simple, the underlying protocol is quite complex and the implementation non-trivial. Nonetheless the technicalities can be abstracted away, such that developers can interface with a rather simple API to build scalable decentralized applications based on the Raiden Network. “

Raiden Network Token Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Raiden Network Token directly using U.S. dollars. Investors seeking to acquire Raiden Network Token should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Raiden Network Token using one of the exchanges listed above.

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