Ravencoin Overview
Ravencoin (RVN) is a cryptocurrency launched in 2018, designed for peer-to-peer asset transfers. Its current price is $0.0129 USD, reflecting a -2.57% change over the last 24 hours. Below is a detailed breakdown of RVN's market performance and key metrics.
Key Metrics
| Metric | Value |
|---|---|
| Market Cap | $189.2 million (Rank #182) |
| 24h Trading Volume | $9.4 million (Rank #225) |
| Circulating Supply | 14,685,683,975 RVN |
| Total Supply | 14,685,683,975 RVN |
| Max Supply | 21,000,000,000 RVN |
| All-Time High | $0.2272 (-94.33% from ATH) |
| Algorithm | KawPow (PoW) |
| Mineable | Yes |
Price Performance
Recent Trends:
- 1-hour change: +0.96%
- 24-hour change: -2.57%
- 7-day change: -14.83%
- 30-day range: $0.00899 – $0.0353
Comparative Analysis:
- RVN underperforms against BTC (-61.60% yearly) but shows resilience against ETH (-7.78% yearly).
Market Data Tables
Market Capitalization Breakdown
FDV (Fully Diluted Valuation): $189.2 million (based on total supply).
Quarterly and Monthly Returns
- Q1 ROI: +22.27%
- 6-month ROI: -42.44%
- Annual Volatility: 99.66%
Technical Analysis
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 23.29 | Oversold |
| CCI (20) | -109.21 | Buy |
| SMA (50) | 0.0140 | Sell |
| EMA (200) | 0.0151 | Sell |
FAQs
1. What is Ravencoin used for?
Ravencoin specializes in asset transfer and tokenization, leveraging its PoW blockchain for secure transactions.
2. Where can I buy RVN?
RVN is traded on 38 exchanges, including major platforms like 👉 OKX and Binance.
3. Is RVN a good investment?
While RVN has shown volatility, its niche use case and active development team offer long-term potential. Always conduct personal research.
4. How does KawPow differ from other algorithms?
KawPow is ASIC-resistant, promoting decentralized mining compared to SHA-256 or Scrypt.
Final Thoughts
Ravencoin remains a unique player in the crypto space, combining asset-focused utility with a robust mining ecosystem. For traders, its current oversold RSI may signal a buying opportunity, but caution is advised due to high volatility.
👉 Explore RVN trading pairs for real-time opportunities.
Disclaimer: This content is for informational purposes only and not financial advice.