Ravencoin Price Today | Live RVN Price Chart and Market Cap

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Ravencoin (RVN) is a blockchain-based digital asset designed specifically for the creation and transfer of assets such as tokens, securities, and collectibles. As of today, the live price of Ravencoin stands at $0.01310489**, with a 24-hour trading volume of **$10,874,011. The cryptocurrency has seen a decline of -4% over the past day but shows a notable increase of 21.7% over the last 30 days, indicating renewed market interest despite short-term volatility.

With a current market capitalization of $200,842,503, Ravencoin ranks among the mid-tier cryptocurrencies by market cap. Its circulating supply is 15,325,769,135 RVN, slightly exceeding the total supply due to mining mechanics, while the maximum supply is capped at 21 billion coins, aligning with its long-term scarcity model.

Ravencoin (RVN) Price Statistics Overview

Below is a detailed snapshot of key performance metrics for Ravencoin:

Daily price fluctuations have been relatively contained recently:

These figures suggest that while RVN remains in a consolidation phase well below its peak, it has shown resilience with periodic upward movements driven by community activity and asset tokenization use cases.

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What Is Ravencoin (RVN)?

Ravencoin is an open-source blockchain platform forked from Bitcoin in January 2018. Unlike general-purpose blockchains, Ravencoin was built with a singular focus: efficient asset issuance and transfer. This makes it ideal for creating tokens representing real-world assets like stocks, rewards points, commodities, or digital art.

Transactions on the Ravencoin network include metadata that specifies the asset being transferred, ensuring clarity and transparency. The platform supports features such as:

Its consensus mechanism uses Proof-of-Work (PoW), originally with the KAWPOW algorithm to resist ASIC mining and promote decentralization—though this has evolved over time.

Founders and Development Background

Ravencoin was co-founded by Bruce Fenton and Tron Black, both experienced figures in the cryptocurrency space. The project launched on January 3, 2018, exactly nine years after Bitcoin’s genesis block—a symbolic nod to its origins.

Notably:

This fair launch approach helped build strong community trust and decentralized ownership from day one.

Use Cases and Ecosystem Growth

While often compared to other token platforms like Ethereum or Binance Smart Chain, Ravencoin differentiates itself through simplicity and specialization.

Popular use cases include:

Projects built on Ravencoin include:

This growing ecosystem highlights RVN’s potential beyond speculative trading.

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Market Performance and Investor Sentiment

Despite a challenging macro environment for crypto assets in recent years, Ravencoin has maintained consistent on-chain activity. The 21.7% gain over 30 days suggests growing confidence, possibly fueled by:

However, the -4% drop in 24 hours reflects broader market corrections affecting many altcoins. With Bitcoin dominance fluctuating and regulatory scrutiny increasing globally, smaller-cap projects like RVN face amplified volatility.

Still, its all-time high remains a distant target—currently down about 95%—which could represent significant upside if market conditions improve and adoption expands.

Where to Track Ravencoin Data

To monitor real-time transactions and network health, users can explore:

These tools allow you to:

Such transparency reinforces trust in the network's decentralization and security.

Global Ravencoin Pricing (Fiat Conversion)

Here’s how 1 RVN translates across major fiat currencies:

This global pricing data helps international investors assess value and plan cross-border transactions involving RVN.

Frequently Asked Questions (FAQ)

What is the current price of Ravencoin (RVN)?

As of today, Ravencoin is trading at $0.01310489 USD. Prices may vary slightly across exchanges due to liquidity differences.

What is Ravencoin’s all-time high price?

Ravencoin reached its highest price of $0.28489464 on February 20, 2021, during the broader crypto bull run.

How does Ravencoin differ from Bitcoin?

While based on Bitcoin’s codebase, Ravencoin modifies it to prioritize asset creation and messaging. It removes unneeded features like SegWit and focuses exclusively on peer-to-peer asset transfers.

Is Ravencoin a good investment?

RVN appeals to investors interested in blockchain-based asset tokenization. However, like all cryptocurrencies, it carries risk due to volatility and regulatory uncertainty.

Can I mine Ravencoin?

Yes, Ravencoin supports mining via GPU-friendly algorithms. Miners contribute to network security and are rewarded with newly minted RVN coins.

What is the maximum supply of Ravencoin?

The total supply is capped at 21 billion RVN, slightly higher than Bitcoin’s 21 million, allowing for broader distribution while maintaining scarcity.

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