|All Time High:|
|Market Cap: |
|The price of #RVN today is $0.020 USD.|
The lowest RVN price for this period was $0, the highest was $0.020, and the current live price for one RVN coin is $0.02047.
The all-time high RVN coin price was $0.29.
Use our custom price calculator to see the hypothetical price of RVN with market cap of ETH and how the supply affects the price of RVN at different market capitalizations.
|The code for Ravencoin is #RVN. |
Ravencoin is 5.7 years old.
|The current market capitalization for Ravencoin is $214,374,371.|
Ravencoin is ranking downwards to #165 out of all coins, by market cap (and other factors).
|There is a large volume of trading today on #RVN.|
Today's 24-hour trading volume across all exchanges for Ravencoin is $60,987,676.
|The circulating supply of RVN is 10,473,290,000 coins, which is 100% of the total coin supply.|
Ravencoin has a relatively large supply of coins, 86 times larger than Ethereum's supply, as an example.
A digital peer to peer network for the facilitation of asset transfers.In the fictional world of Westeros, ravens are used as messengers who carry statements of truth. Ravencoin is a use case specific blockchain designed to carry statements of truth about who owns what assets. Thank you to the Bitcoin developers. The Ravencoin project is launched based on the hard work and continuous effort of over 400 Bitcoin developers who made over 14,000 commits over the life to date of the Bitcoin project. We are eternally grateful to you for your efforts and diligence in making a secure network and for your support of free and open source software development. The Ravencoin project is made on the foundation you built. Abstract Ravencoin aims to implement a blockchain which is optimized specifically for the use case of transferring assets such as tokens from one holder to another. Based on the extensive development and testing of Bitcoin, Ravencoin is built on a fork of the Bitcoin code. Key changes include a faster block reward time and a change in the number, but not the weighed distribution schedule, of coins. Ravencoin is free and open source and will be issued and mined transparently with no pre-mine, developer allocation or any other similar set aside. Ravencoin is not designed to be cash. Ravencoin is intended to prioritize user control, privacy and censorship resistance and be jurisdiction agnostic, while allowing simple optiona...
More Ravencoin (#RVN) News
|PoW Tokens Take A Hit: Ravencoin and Ethereum Classic Crash Over 20%
Ravencoin (RVN) and Ethereum Classic (ETC) were operated as a safe haven for miners seeking shelter from “The Merge” fallout. The event that completed Ethereum’s transition to Proof-of-Stake (PoS), “The Merge” locked out miners from the ecosystem.
Leading into the event, Ravencoin, Ethereum Classic, and other Proof-of-Work (PoW) cryptocurrencies were recording double-digit gains. The new participants onboarding the networks drove their hashrate to new highs, and their price followed as demand for PoW tokens followed.
However, as more miners flocked into these networks, it became more difficult to obtain rewards. In that sense, and with “The Merge” out of the way, miners might be seeking new alternatives to carry on with their operations and maximize their gains.
At the time of writing, Ravecoin and Ethereum Classic traded at $0.03 and $28, respectively. The cryptocurrencies record a 30% loss for RVN and a 22% loss for ETC over the past week. The tokens gave back a large portion of the gains obtained in previous weeks.
RVN's price is trending to the downside on the 4-hour chart. Source: RVNUSDT Tradingview
Ravencoin (RVN) And Ethereum Classic (ETC) Might Be Losing Market Share
As the price of Ravencoin and Ethereum Classic trend to the downside, their hashrate trend lower which hinted at the current bearish price action. Miners that were prompting the value of these cryptocurrencies seem to be existing or diversifying their participat...
|ETC, RVN, ERGO Hashrate Soars Following The Merge, Large Quantity of Has...
Ethereum has officially transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) system after seven years of operating as a PoW blockchain. The Merge has forced ethereum miners to transition to other PoW-based tokens and after the ruleset change was codified, a handful of PoW coins compatible with the Ethash algorithm saw their hashrates skyrocket. Ethereum Classic's hashrate has tripled in size since The Merge was triggered by Ethereum's Paris Upgrade.5 Tokens Reap the Benefits of Ethereum's Leftover Hashrate
Ethereum, the second largest crypto asset in terms of market capitalization, now operates under a proof-of-stake (PoS) blockchain system. The Merge was triggered by the Paris Upgrade on September 15, at block height 15,537,391 at 2:42:42 a.m. ET. A few hours prior to The Merge, Ethereum's hashrate plummeted significantly, and a great deal of hashrate was pointed at Ethereum Classic (ETC).
During the early morning hours (ET) on September 15, ETC's hashrate was around 80.77 terahash per second (TH/s). Hours after The Merge on September 16, ETC's hashrate increased by 228%, jumping to the current 228.62 TH/s. ETC was the main beneficiary in terms of getting the most hashrate from Ethereum's forced transition from PoW to PoS. However, a handful of other tokens with similar hashing algorithms also saw a significant rise in computational power.
At the start of the day on September 15, Ravencoin's (RVN) hashrate was around 10.15 TH/s but the following day it...
|Ravencoin (RVN) Records 90% Increase, Community Warns About Price Specul...
Data from Coingecko indicates a surge in the price of Ravencoin (RVN), over the past month the cryptocurrency is moving against the general sentiment in the market. The rally in the price of this token coincides with the upcoming Ethereum’s “Merge” and seems directly related to this event.
At the time of writing, Ravencoin (RVN) trades at $0.07 with a 15% and 91% profit over the last 24 hours and 7 days, respectively. In the last 2 weeks, the cryptocurrency records a larger increase with a 150% profit and a 95% increase in the last 30 days.
RVN's price rallying on the 4-hour chart. Source: RVNUSDT Tradingview
Addressing The Rally In The Price Of Ravencoin (RVN)
As Ethereum prepares for “The Merge”, the event that will complete its migration to a Proof-of-Stake (PoS) consensus, there is more attention directed toward projects like Ravencoin, Ethereum Classic, and LidoDAO. These cryptocurrencies have been some of the best-performing assets.
LidoDAO provides users with a low-cost, low-difficulty platform to participate in the new Ethereum consensus model while Ravecoin and Ethereum Classic allowed miners to continue their operations. The new Ethereum PoS consensus will exclude miners with a mechanism called “Difficulty Bomb”.
Thus, miners are migrating to cryptocurrencies using the Proof-of-Work (PoW) consensus that allows them to stay profitable. As a result, the hashrate of Ethereum Classic and Ravencoin has been rallying following t...