RVN to NGN Price Today
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RVN to NGN
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| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.24% | -1.80% | -5.33% | 4.10% | 5.29% | 4.60% |
Compare Ravencoin with other crypto
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.24% | -1.80% | -5.33% | 4.10% | 5.29% | 4.60% |
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RVN to NGN
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Ravencoin Risk Analysis
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Has the price increased over the past year?
Price has decreased by -26.54% in the last 1 year.
Is it trading above the 200-day simple moving average(SMA)?
Ravencoin is currently trading -25.33% below the 200-Day SMA which is $0.0212.
Is Ravencoin currently overbought zone by (RSI)?
The 14-Day Relative Strength Index (RSI) is at 48.49 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways.
Have the last 30 trading days been positive?
The number of green days in the last 30 days is 12 which is 40%.
Is the total supply of Ravencoin higher than the circulating supply?
Over 68.83% of the total supply is in circulation.
The liquidity based on market capitalization to volume ratio should be sufficient.
Has high liquidity with 0.01802 volume to market cap ratio. The current market cap is ₦360.85B while the 24-hour volume is ₦6.5B
Ravencoin (RVN) Markets
Ravencoin Quarterly Returns
| Year | Q1 | Q2 | Q3 | Q4 | Total |
|---|---|---|---|---|---|
| 2018 | 51.03% | -61.95% | -10.55% | -12.62% | -55.09% |
| 2019 | 383.00% | -14.73% | -42.03% | -25.32% | 78.30% |
| 2020 | -33.71% | 24.22% | -24.91% | -10.84% | -44.86% |
| 2021 | 1390.52% | -70.12% | 70.41% | 2.44% | 677.46% |
| 2022 | -29.14% | -66.89% | 53.90% | -47.81% | -81.16% |
| 2023 | 39.83% | -22.49% | -23.91% | 38.05% | 13.84% |
| 2024 | 137.18% | -60.07% | -11.25% | ||
| Average | 314.61% | -45.34% | 1.94% | -9.35% | 98.08% |
Introduction to Ravencoin
Ravencoin (RVN) is an open-source blockchain venture that has some expertise in the creation and distributed exchange of advantages. Ravencoin empowers clients to make and exchange any genuine world (for example items) or advanced (for example virtual merchandise) resources on a system. The center designers propelled Ravencoin on 3 Jan 2018. The undertaking has some unmistakable patrons: Bruce Fenton, Board Member of The Bitcoin Foundation, exhorts the group while Overstock has made a multi-million dollar speculation into the venture. Ravencoin is an advanced shared system that expects to execute an utilization case explicit blockchain, intended to productively deal with one explicit capacity: the exchange of advantages starting with one gathering then onto the next. Based on a fork of the Bitcoin code, Ravencoin was propelled January third, 2018, and is a genuinely open source venture (no ICO or masternodes). It centers around structure a valuable innovation, with a solid and developing network.
What is Ravencoin (RVN) ?
The Ravencoin (RVN) blockchain is an open-source software system to allow users to issue tokens and help to transfer a digital asset from one to another party. It was developed on bitcoin's codebase fork. That means developers can use Bitcoin's code to add more features and functionality to pursue different and unique goals.
Using the protocol, a network of computers can be rewarded for operating the platform, allowing users to create and transfer blockchain assets that can even represent real-world commodities, securities, collectables, and loyalty rewards, such as airline miles.
How Does Ravencoin Work?
Although Ravencoin's architecture is broadly similar to Bitcoin's blockchain, a few critical differences enable tokens created and transferred on the network to be completed and communicated.
Although Ravencoin's code is based on a fork of Bitcoin, it has its network, assets, and protocols. For mining on Ravencoin, Ravencoin uses a variant of the Proof of Work consensus mechanism called KAPOW. Using KAWPOW, Ravencoin's protocol is secured, transactions are validated, and newly mined RVN is distributed across servers running Ravencoin.
Who Are the Founders of Ravencoin?
Ravencoin was launched in 2018 by the trio's co-founders, Bruce Fenton, Joel Weight, and Tron Black. Unlike most crypto enthusiasts, all three had extensive business and software development experience before getting involved.
Being an executive director and board member of the Bitcoin Foundation made Fenton a familiar face in crypto circles. As a Morgan Stanley vice president in the nineties, he had an impressive career in investment banking before entering blockchains.
Medici Ventures, which created the Ravencoin blockchain, is owned by Overstock.com, Weight's employer. A software developer with a resume spanning the dot-com bubble, he was previously the chief operating officer and technology officer at Medici Ventures.
In addition to leading several software companies as CEO, Black has also had a long and successful career. In addition to CoinCPA and Verified Wallet, he has worked on several crypto ventures, including t0.com's software development team. Ravencoin was developed and launched by Medici Ventures when he was a principal software developer.
The raven coin foundation was established as a non-profit in 2020 with the aim assists and protecting the Ravencoin project.
What Makes Ravencoin Unique?
As compared to Bitcoin, Ravencoin features four key differences:
- A 5,000 RVN block reward on the Ravencoin blockchain allows users to issue personalized assets;
- The block time has been reduced to one minute;
- The total supply of RVN is capped at 21 billion units - 1,000 times more than Bitcoin;
- Designed to mitigate ASIC-induced mining centralization caused by KAWPOW hashing.
By using IPFS and JSON, token holders can now broadcast messages to all token holders within their wallets using recently added functionality. A token voting system also enables token owners to ask token holders a question, hold a poll, and collect their votes.
In keeping with Ravencoin's commitment to decentralization, there was no pre-mine or presale of RVN coins, and no funds were set aside for developers, Medici Ventures, or anyone else involved in the project.
What Gives Ravencoin Value?
Ravencoin's RVN coin possesses value as it is essential for creating new assets on the Ravencoin network. Once miners have verified their work by the network, Ravencoin rewards their efforts by rewarding them with coins.
In addition to issuing their tokens, RVN allows users to create monetary policies and features. As Ravencoin becomes more popular as a medium for creating and exchanging digital assets, it could become a store of value over time.
Ravencoin (RVN) Token Metrics
| Token Name: | Ravencoin |
| Ticker: | RVN |
| 24h Volume: | $ 486.56 million ($ 486,560,774) |
| Market Cap: | $ 1.09 billion ($ 1,088,271,443) |
| Fully Diluted Market Cap: | $ 1.09 billion ($ 1,088,271,443) |
| Circulating Supply: | 21.00 billion RVN (21,000,000,000.00 RVN) |
| Total Supply: | 21.00 billion RVN (21,000,000,000.00 RVN) |
| Issuance Blockchain: | Ravencoin |
Where is the Ravencoin (RVN) coin available?
Ravencoin (RVN) is available on a variety of cryptocurrency exchanges. The list of quick, secure, and easy exchanges is listed below.
- Binance
- Gate.io
- KuCoin
- Huobi Global
You can check the whole list of exchanges here to buy Ravencoin (RVN).
Crypto Currency Converter & Calculator
Digitalcoinprice's Bitcoin and other cryptocurrency calculator is to determine the exchange rates between the major crypto and fiat currencies, including Bitcoin(BTC), Ethereum (ETH), XRP (XRP), Polkadot (DOT) to USD, INR, EUR, IDR and many more. Among other digital assets, prices are indexed by DigitalCoinPrice and other digital asset price indices. Open Exchange Rates are used to calculate world currency prices.
How Much is a One Ravencoin Worth Now?
The current price of the Ravencoin(RVN) is ₦24.96, with a current market cap ₦360,852,330,503.54.
What is the Ravencoin Max Supply?
The maximum supply of the Ravencoin(RVN) is around 21B.
What is the Ravencoin Stock Symbol or Ticker?
RVN is a ticker symbol of the Ravencoin.
How Many RVN Coins Are There in Circulation?
At the movement,14.46B Ravencoin tokens are already in the market out of 14.46B RVN.
How Can I Invest in Ravencoin?
There are many options for buying crypto, and Ravencoin can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Ravencoin. It's a quick, easy, and secure way to buy Ravencoin(RVN).
Is Ravencoin a Stablecoin?
No, It is not a stablecoin.
What Was the Lowest Price for Ravencoin?
Ravencoin had an all-time low of ₦13.35.
What Was the Highest Price for Ravencoin?
Ravencoin had an all-time high of ₦433.25.
Can Ravencoin Be Mined?
Yes, the Ravencoin(RVN) coin can be mined.
Ravencoin Price Prediction
The current Ravencoin to NGN price is ₦24.96. In the last 24 hours, RVN to NGN price has gone up by -1.80%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Ravencoin price prediction.
Portfolio Tracker
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Ravencoin at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
Coin Converter
By exchanging RVN against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Ravencoin can be earned or received in various ways. RVN considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the RVN, including RVN to PHP, RVN to INR, RVN to NGN, RVN to THB, RVN to CAD, RVN to PKR, RVN to IDR , RVN to EUR , RVN to AUD , RVN to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 RVN is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like RVN to BTC, RVN to GRASS, RVN to SOL, RVN to SUI, RVN to DOGE, RVN to ETH, RVN to PEPE, RVN to VIRTUAL .
RVN to NGN price today is ₦24.96, which is Down by -1.80% over the last 24 hours. There has been an hourly Rise by 0.24%. Ravencoin's market cap currently sits at ₦360,852,330,503.54 NGN, holding up for a market cap rank at #184. The volume were at ₦6,504,283,338.89 NGN Ravencoin ranks no 184 in the market capitalization of Ravencoin is at ₦360,852,330,503.54 and its volume for 24 hours is ₦6,504,283,338.89. Ravencoin are under circulation, with total supply of 14.46B and the Maximum supply of 21B.
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RVN to NGN Price Statistics
Live Ravencoin Price in NGN
| RVN to NGN | ₦24.96 |
| Percentage Change ( 24h ) | ▼1.8% ₦0.85 |
| 24h High / Low | ₦25.65 / ₦24.80 |
| Trading Volume 24h | ₦6,504,283,338.89 |
| Volume / Market Cap | 0.01802 |
| Market Dominance | 0.01% |
| Market Rank | 184 |
| Market Cap | ₦360,852,330,503.54 |
| Fully Diluted Market Cap | ₦524,239,461,370.59 |
| All Time High | ₦433.25 ▲8644.98% |
| All Time Low | ₦13.35 ▲283728.19% |
| Circulating Supply | 14,455,033,432 RVN |
| Total Supply | 14,455,033,432 RVN |
| Max Supply | 21,000,000,000 RVN |