Ravencoin
RVN
$ 0.005454
0.00000007 BTC
Marketcap
$ 88,628,811
Volume (24h)
$ 3,600,922
Circulating Supply
16,259,138,266 RVN
Total Supply
16,259,304,516 RVN

 

Ravencoin (RVN) Price Chart

Explore the Ravencoin (RVN) live price chart for in-depth insights into its market performance.

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Ravencoin (RVN) Price History

Delve into the Ravencoin (RVN) price history to understand its long-term value trends.

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Historical Price for Ravencoin
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Ravencoin (RVN) to USD Converter

Use our Ravencoin to USD converter to seamlessly convert Ravencoin (RVN) for accurate financial planning.

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What is Ravencoin?

RavenCoin derives its name from a bird called Raven that was used to deliver statements of truth in western folklores. It is a peer-to-peer digital network used for transferring digital assets from one person to another. It is a also a Proof-of-Work currency based on a Bitcoin fork. The coin was launched on January 3, 2018, during the Bitcoin's 9th anniversary.

RavenCoin has some distinctive features that differentiates it from Bitcoin. For instance, its blocktime is one minute, has an suance schedule block reward of 5000 RVN and uses X16R mining algorithm. It is this algorithm that counters ASIC miners to prevent centralization by disrupting the hashing algorithms' ordering like is in the case with Bitcoin.

The main purpose of this coin is to enable transfer of digital assets like tokens from one individual to another. It is good to note that this coin is free from ASICs thanks to its algorithm, had a fair launch, there was no premining and is not linked up to any exchange. Users are free to ask about prices and carry out price checks.

At the moment, the most practical use the coin can be put into is enabling instant transfer of cash from one person to another anywhere in the world.

While Ravencoin offers many opportunities for investment and transactions, there are many other cryptocurrencies available that could align more closely with your specific needs. Whether you’re looking to diversify your portfolio or just getting started, we encourage you to check out our guide on the best crypto to buy now.

Additionally, to enhance your cryptocurrency management experience, consider reading our guides on the best crypto wallet and the best crypto app.

Latest Ravencoin News

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