Ravencoin Trading Down 7.8% This Week (RVN)

Ravencoin (RVN) traded 7.6% lower against the dollar during the 24 hour period ending at 10:00 AM Eastern on October 7th. Ravencoin has a market capitalization of $36.54 million and $8.25 million worth of Ravencoin was traded on exchanges in the last 24 hours. One Ravencoin coin can now be purchased for about $0.0022 or 0.00000003 BTC on major cryptocurrency exchanges. During the last seven days, Ravencoin has traded down 7.8% against the dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

• 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.
• CateCoin (CATECOIN) traded down 10.2% against the dollar and now trades at $0.0586 or 0.00000071 BTC.
• SolvBTC (SOLVBTC) traded 2.9% lower against the dollar and now trades at $83,317.16 or 1.00277003 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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.

Ravencoin Profile

Ravencoin (RVN) is a coin. It was first traded on January 3rd, 2018. Ravencoin’s total supply is 16,497,438,326 coins and its circulating supply is 16,497,544,576 coins. The official website for Ravencoin is ravencoin.org. Ravencoin’s official message board 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.

According to CryptoCompare, “Ravencoin is a digital peer to peer network that aims to implement a use case specific blockchain, designed to efficiently handle one specific function: the transfer of assets from one party to another. Built on a fork of the Bitcoin code, Ravencoin was launched January 3rd, 2018, and is a truly open source project (no ICO or masternodes). It focuses on building a useful technology, with a strong and growing community. Launched on January 3rd, 2018, the ninth anniversary of bitcoin’s launch, Ravencoin is an open-source project designed to enable instant payments to anyone around the world. The aim of the project is to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another. A fork of the bitcoin code, Ravencoin features four key changes: The issuance schedule (block reward of 5,000 RVN)Block time (1 minute)Coin supply (21 Billion)Mining algorithm (KAWPOW formerly X16R and X16RV2 respectively)Telegram, Discord, Facebook”

Buying and Selling Ravencoin

It is usually not currently possible to purchase alternative cryptocurrencies such as Ravencoin directly using US dollars. Investors seeking to acquire Ravencoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ravencoin using one of the exchanges listed above.

RVN/USD price chart by TradingView