Ravencoin Trading Down 5.8% This Week (RVN)

Ravencoin (RVN) traded 3.3% lower against the dollar during the 24-hour period ending at 22:00 PM E.T. on November 2nd. Ravencoin has a market cap of $236.01 million and $3.71 million worth of Ravencoin was traded on exchanges in the last 24 hours. In the last week, Ravencoin has traded down 5.8% against the dollar. One Ravencoin coin can now be bought for approximately $0.0163 or 0.00000024 BTC on exchanges.

Here is how similar cryptocurrencies have performed in the last 24 hours:

• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower 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 down 2.2% 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 0.4% lower against the dollar and now trades at $69,154.98 or 1.00006108 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.5% against the dollar and now trades at $69,104.87 or 0.99933647 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Ravencoin

Ravencoin (RVN) is a coin. Its genesis date was January 3rd, 2018. Ravencoin’s total supply is 14,456,010,887 coins. Ravencoin’s official Twitter account is @ravencoin and its Facebook page is accessible here. The official website for Ravencoin is ravencoin.org. Ravencoin’s official message board is medium.com/@ravencoin. The Reddit community for Ravencoin is https://reddit.com/r/ravencoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “Ravencoin is a blockchain project that enables simple issuance and management of tradable assets on a blockchain. It was launched in 2018 without an ICO, pre-mine, or masternodes, and is notable for its use of the X16R and KAWPOW algorithms to prevent ASIC domination of the network. The project was announced by Bruce Fenton on Twitter and has a growing community with a development roadmap of seven phases. Ravencoin is designed to be energy-efficient and aims to provide a decentralized alternative to traditional financial instruments.”

Buying and Selling Ravencoin

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

RVN/USD price chart by TradingView