Rocket Pool Achieves Self Reported Market Cap of $45.69 Million (RPL)

by · The Markets Daily

Rocket Pool (RPL) traded 2.3% lower against the U.S. dollar during the twenty-four hour period ending at 10:00 AM ET on March 17th. One Rocket Pool token can now be bought for about $2.05 or 0.00002785 BTC on popular exchanges. Rocket Pool has a total market cap of $45.69 million and approximately $5.20 million worth of Rocket Pool was traded on exchanges in the last day. Over the last week, Rocket Pool has traded up 8% against the U.S. dollar.

Here is how related cryptocurrencies have performed over the last day:

  • 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • SolvBTC (SOLVBTC) traded down 0.3% against the dollar and now trades at $73,683.85 or 1.00107219 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Rocket Pool Token Profile

Rocket Pool’s launch date was September 7th, 2017. Rocket Pool’s total supply is 22,283,476 tokens. The official website for Rocket Pool is www.rocketpool.net. The official message board for Rocket Pool is medium.com/rocket-pool. Rocket Pool’s official Twitter account is @rocket_pool and its Facebook page is accessible here. The Reddit community for Rocket Pool is https://reddit.com/r/rocketpool and the currency’s Github account can be viewed here.

According to CryptoCompare, “RocketPool (RPL) is a decentralized Ethereum staking pool that enables users to participate in ETH2 staking regardless of their investment size or technical expertise. It provides liquid staking and operates through a network of decentralized nodes, using open-source, audited smart contracts for non-custodial staking. Users can stake ETH and receive rETH, a tokenized form of staked ETH, which accrues rewards based on the network’s performance. RocketPool uses insurance mechanisms and requires node operators to stake RPL as collateral to protect against penalties.”

Rocket Pool Token Trading

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

RPL/USD price chart by TradingView