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Ravencoin

Ravencoin

$0.003730

-14.3%(24h)
  • Today

    -14.3%

  • 30 Days

    -1.3%

  • Price Change (24h)

    -$0.000620

Trend Overview

Period:
View on TradingView

Price of Ravencoin Today

The live price of Ravencoin is $0.00373000 per RVN/USD, -14.25% in the last 24 hours. It has a market cap of $50.66M and $6.00M in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. RVN has a circulating supply of 16.44B.

Current price

$0.00373000

24h high

$0.00383000

24h low

$0.00363000

24h

-14.25%

7d

-0.53%

30d change

-1.32%

RVN Market Stats

Rank

#457

By market cap

Market Cap

$50.66M

24h Volume

$6.00M

Across 1 exchanges

FDV

$61.31M

If all tokens were issued

Circulating Supply

16.44B RVN

78.3% of max supply issued

Total Supply

16.44B RVN

Max Supply

21B RVN

Listed on

1 exchanges

Where to buy Ravencoin

Ravencoin is available on 8 exchanges. Prices shown are live.

ExchangePairVolumeTrade
BinanceRVNUSDC$5.63MBuy RVN on Binance
MEXCRVNUSDC$111.16KBuy RVN on MEXC
LBankrvn_usdt$82.29KBuy RVN on LBank
OKXRVN-USDT$34.90KBuy RVN on OKX
BybitRVNUSDT$23.68KBuy RVN on Bybit
GateRVN_USDT$11.16KBuy RVN on Gate
KuCoinRVN-USDT$10.29KBuy RVN on KuCoin
BitgetRVNUSDT$7.58KBuy RVN on Bitget

We may earn a commission when you sign up through these links. This never affects the prices shown.

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People also ask about Ravencoin

What Is Ravencoin (RVN)?

Ravencoin is a peer-to-peer digital currency network built on a fork of Bitcoin's code, with a specific focus on asset transfer. It was announced in October 2017 and its mining software was released in January 2018. The project emphasizes a fair launch, meaning there was no pre-mining, no initial coin offering, and no masternodes. The name is inspired by a reference from the television series Game of Thrones.

Who Are the Founders of Ravencoin?

The Ravencoin whitepaper was authored by Bruce Fenton, Tron Black, and Joel Weight. All three had substantial professional experience before entering the crypto space. Fenton served on the board of the Bitcoin Foundation and worked in investment banking. Black, a software developer with over three decades of experience, had been involved in various crypto projects. Weight is a technology executive at Overstock.com and has held leadership roles at Medici Ventures.

What Makes Ravencoin Unique?

Ravencoin modifies Bitcoin's code in several ways: it has a larger block reward, a shorter block time, a higher total supply, and a mining algorithm designed to resist ASIC hardware. Its main purpose is to facilitate asset creation and transfer on the blockchain. Users must burn RVN coins to issue new tokens, which can represent physical items, virtual goods, or financial instruments. Future updates aim to include messaging and voting features.

How Many Ravencoin (RVN) Coins Are There in Circulation?

Ravencoin was launched with a commitment to fairness, with no pre-mining or developer rewards. As of March 2021, about 39% of the total supply had been mined. The maximum supply is capped at 21 billion coins, which is a thousand times more than Bitcoin's limit.

How Is the Ravencoin Network Secured?

Ravencoin uses a proof-of-work consensus mechanism, initially with the X16R algorithm, which later transitioned to KAWPOW to maintain ASIC resistance. The network's security relies on decentralization and the cryptographic principles inherited from Bitcoin. The fair distribution of coins is intended to prevent any single entity from gaining excessive control, although there have been reported security incidents.

Where Can You Buy Ravencoin (RVN)?

RVN can be traded on various cryptocurrency exchanges, often paired with stablecoins like Tether, other digital currencies such as Bitcoin and Ethereum, and occasionally fiat currencies. Major platforms for trading RVN include Binance, Huobi Global, OKEx, ZG.com, and VCC Exchange. For beginners, guides are available on how to purchase cryptocurrencies like Bitcoin.

What is Ravencoin?

Ravencoin is a peer-to-peer digital network built on a fork of the Bitcoin codebase, designed specifically for the transfer of assets between parties. The project was announced in late 2017, with mining binaries released in early 2018. It launched without a premine, initial coin offering, or masternodes, and its name references a television series. The whitepaper was authored by Bruce Fenton, Tron Black, and Joel Weight, all of whom had established careers in business and software development prior to the project.

The network distinguishes itself from Bitcoin through several technical modifications: a block time of one minute, a total supply capped at 21 billion coins, a block reward of 5,000 RVN, and a mining algorithm that has evolved over time to resist ASIC-based centralization. As of early 2021, roughly 39% of the total supply had been mined. The platform uses a proof-of-work consensus mechanism.

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Within the network, RVN serves as the internal currency, and users must burn coins to issue token assets. These assets can represent a wide range of items, from physical commodities to virtual goods or shares in projects. Future protocol versions are planned to incorporate messaging and voting functions. The project emphasizes fairness and openness, with no coins reserved for developers or founders.

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