intermediate
RavenCoin is a classic digital currency that runs a
peer-to-peer system. Being a more advanced hardfork of Bitcoin, Ravencoin puts
a heavy focus on reliability, anonymity, confidentiality, publicity, open
access and much more. Unlike Bitcoin and Ethereum, Ravencoin serves to transfer
the ownership of assets. Each transmitted object is represented by an unmarked
token created by a user of the Ravencoin platform.
The project was launched in 2017, and Ravencoin ICO was organized on January 3rd, 2018. VOTE tokens were given to the RVN holders in 1:1 ratio. Today, it’s 41st cryptocurrency in the Top-100, and the development team is constantly working on node modernization to improve the system. Due to the unique idea underlying the project, RVN is highly valued in the crypto community, which positively affects the price. In March 2018, RVN coin price soared by 30% overnight and has displayed aggressive value growth.
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Ravencoin Overview
RVN Price
$0.04
Price Change 24h
-1.80%
Price Change 7d
-0.60%
Raven Coin Market cap
$407,124,804.87
Circulating Supply
10,473,290,000 RVN
Trading Volume
$83,465,923.33
All time high
$0.29
All time low
$0.01
Ravencoin Fundamental Value
Ravencoin tokens are used to transfer digital assets
of users to each other, as well as to perform a number of payment transactions.
Ethereum and Bitcoin (recognized “giants” of the cryptocurrency
industry) do not have the ability to transfer ownership of assets, but RavenCoin
provides such an opportunity. In the white paper, Ravencoin team suggests using
RVN token for the exchange of such ownership right on such things as:
Physical assets (gold bars, rare documents, physical currency, real estate., etc);Virtual goods (electronic tickets, gift cards, free miles from airlines, etc).
One of the
major achievements of Ravencoin team is the creation of their own algorithm for
hashing called ‘X16R’. Experts have set the task to achieve the invulnerability
of the system for ASIC-devices, and make mining available via PC and video
cards. Despite a pretty high mining difficulty, the number of RVN miners is
growing, so is the belief in its potency.
Despite ever-growing mining difficulty, Ravencoin is getting more and more popular among miners
The open-source code that is used in the system allows
everyone to contribute to the development and improvement of the project.
Initially, the developers changed the Bitcoin code – it served as the
foundation. Today, over 400 contributors help to build the Ravencoin
blockchain.
Key changes include faster block rewards. Ravencoin
was not designed as a fiat currency, it focuses on user control, privacy
protection, and censorship resistance. It’s independent of various
jurisdictions, providing users with additional features to fulfill their needs.
Ravencoin (RVN) Technical Analysis
What do the traders think about the current situation
with RVN? Check Ravencoin (RVN) technical analysis on TradingView:
Ravencoin Price Prediction 2022According to the technical analysis of Ravencoin prices expected in 2022, the minimum cost of Ravencoin will be $0.042. The maximum level that the RVN price can reach is $0.047. The average trading price is expected around $0.044.
RVN Price Forecast for September 2022Based on the price fluctuations of Ravencoin at the beginning of 2022, crypto experts expect the average RVN rate of $0.040 in September 2022. Its minimum and maximum prices can be expected at $0.037 and at $0.041, respectively.
October 2022: Ravencoin Price ForecastCryptocurrency experts are ready to announce their forecast for the RVN price in October 2022. The minimum trading cost might be $0.040, while the maximum might reach $0.043 during this month. On average, it is expected that the value of Ravencoin might be around $0.042.
RVN Price Forecast for November 2022Crypto analysts have checked the price fluctuations of Ravencoin in 2022 and in previous years, so the average RVN rate they predict might be around $0.042 in November 2022. It can drop to $0.040 as a minimum. The maximum value might be $0.045.
December 2022: Ravencoin Price ForecastIn the middle of the year 2022, the RVN price will be traded at $0.044 on average. December 2022 might also witness an increase in the Ravencoin value to $0.047. It is assumed that the price will not drop lower than $0.042 in December 2022.
Ravencoin Price Prediction 2023After the analysis of the prices of Ravencoin in previous years, it is assumed that in 2023, the minimum price of Ravencoin will be around $0.064. The maximum expected RVN price may be around $0.076. On average, the trading price might be $0.066 in 2023.
Ravencoin Price Prediction 2024Based on the technical analysis by cryptocurrency experts regarding the prices of Ravencoin, in 2024, RVN is expected to have the following minimum and maximum prices: about $0.097 and $0.11, respectively. The average expected trading cost is $0.100.
Ravencoin Price Prediction 2025The experts in the field of cryptocurrency have analyzed the prices of Ravencoin and their fluctuations during the previous years. It is assumed that in 2025, the minimum RVN price might drop to $0.14, while its maximum can reach $0.17. On average, the trading cost will be around $0.15.
Ravencoin Price Prediction 2026Based on the analysis of the costs of Ravencoin by crypto experts, the following maximum and minimum RVN prices are expected in 2026: $0.25 and $0.20. On average, it will be traded at $0.20.
Ravencoin Price Prediction 2027Crypto experts are constantly analyzing the fluctuations of Ravencoin. Based on their predictions, the estimated average RVN price will be around $0.30. It might drop to a minimum of $0.29, but it still might reach $0.34 throughout 2027.
Ravencoin Price Prediction 2028Every year, cryptocurrency experts prepare forecasts for the price of Ravencoin. It is estimated that RVN will be traded between $0.43 and $0.51 in 2028. Its average cost is expected at around $0.45 during the year.
Ravencoin Price Prediction 2029Cryptocurrency analysts are ready to announce their estimations of the Ravencoin’s price. The year 2029 will be determined by the maximum RVN price of $0.75. However, its rate might drop to around $0.64. So, the expected average trading price is $0.66.
Ravencoin Price Prediction 2030After years of analysis of the Ravencoin price, crypto experts are ready to provide their RVN cost estimation for 2030. It will be traded for at least $0.92, with the possible maximum peaks at $1.11. Therefore, on average, you can expect the RVN price to be around $0.95 in 2030.
Ravencoin Price Prediction 2031Cryptocurrency analysts are ready to announce their estimations of the Ravencoin’s price. The year 2031 will be determined by the maximum RVN price of $1.61. However, its rate might drop to around $1.33. So, the expected average trading price is $1.38.
F.A.Q. Ravencoin
Is Ravencoin a Good Investment?
The price of Ravencoin is in a bull market. This means that it’s quite reasonable to purchase or mine RVN cryptocurrency. If you have a mining rig, you can simply get Ravencoin by mining it solo or in a pool.
Is Ravencoin Worth Mining?
Ravencoin mining gives you a good profit. You can always calculate reward (according to your CPU/GPU characteristics) in the RVN mining calculator.
