We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Launched in January 2018, Ravencoin (RVN) is a cryptocurrency that aims to create a digital peer-to-peer network for the facilitation of asset transfers, such as the transfer of tokens between users. Built on a fork of the Bitcoin (BTC) code, this open-source platform is designed with a focus on user control, privacy and censorship resistance.
A fork of the Bitcoin code, Ravencoin features 3 key changes:
The issuance schedule (block reward of 5,000 RVN) Block time (1 minute) Mining algorithm (X16R) This algorithm is intended to address the centralisation of mining caused by ASIC (computer rigs specialised for monopolising mining) hardware. In the Ravencoin whitepaper, the team behind the currency explains that the fixed order of ordinary hashing algorithms lends itself to the construction of ASIC miners.
RVN is the token native to the Ravencoin blockchain and can be mined or purchased from an exchange. The coin is primarily used as a way of digitally transferring assets at a much greater speed than traditional methods and blockchain-based competitors.
Ravencoin (RVN) is the 151st largest cryptocurrency in the world by market cap, valued at $280,493,870. The current price of Ravencoin is $0.037435594, which is -0.371% lower than yesterday. Prices have ranged between $0.03828475 and $0.035742938 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 28, 2022 01:05 UTC.
| Coin symbol | RVN |
|---|---|
| Coin Marketcap | AUD$280,493,870 |
| Total RVN supply | 21,000,000,000 |
| Circulating RVN | 10,473,290,000 |
| Current price | AUD$0.037435594 |
| All time high | AUD$0.574 |
| All time high date | February 20, 2021 |
| Notable team members | Bruce Fenton, Tron Black, Joel Weight |
| Partnerships | Vertalo |
| Industry | Digital transactions |
| Token uses | Digital currency, tokenisation |
| Network | Ravencoin |
Historical prices compared with the price of $0.037435594.
| 1 hour | 1.44% |
|---|---|
| 24 hours | -0.37% |
| 7 days | -9.39% |
| 14 days | -2.53% |
| 30 days | -45.64% |
|---|---|
| 60 days | -60.91% |
| 200 days | -80.34% |
| 1 year | -71.73% |
Disclaimer: Cryptocurrencies, including Ravencoin, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of RVN is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Ravencoin or any other cryptocurrency discussed.
This guide provides step-by-step instructions on how to buy Green Satoshi Token, lists some exchanges where you can get it and provides daily price data on (GST).
This guide provides step-by-step instructions on how to buy STEPN, lists some exchanges where you can get it and provides daily price data on (GMT).
This guide provides step-by-step instructions on how to buy The Sandbox, lists some exchanges where you can get it and provides daily price data on (SAND).
Read our expert analysis on Shiba Inu and how the token will perform in the future.
This guide provides step-by-step instructions on how to buy Shiba Inu, lists some exchanges where you can get it and provides daily price data on SHIB.
Finding the right way to sell Litecoin is just as important as finding the right option to buy it. In this guide, we break down the options available and the factors to consider.
Read our expert analysis on TrueAUD and how the token will perform in the future.
Read our expert analysis on ApeCoin and how the token will perform in the future.
Read our expert analysis on ADAPad and how the token will perform in the future.
Read our expert analysis on Paribus and how the token will perform in the future.
Our top picks for where to buy, sell and trade crypto.
Find out which digital wallet is best for you.
Follow our 4 simple steps to get started.
Browse our A-Z of crypto buying guides.
