Overview of Ravencoin (RVN)
Ravencoin (RVN) is an open-source blockchain platform specializing in efficient asset creation and peer-to-peer transfers. Launched on January 3, 2018, this Bitcoin fork introduces unique modifications for digital asset management while maintaining decentralization.
👉 Discover how Ravencoin compares to other blockchain platforms
Key Statistics
- Market Cap: $198,978,209
- Circulating Supply: 15,325,939,136 RVN
- Current Price: $0.013 (fluctuates based on market conditions)
Technical Analysis Framework
Ravencoin traders utilize multiple timeframes for market analysis:
- Short-term: 1-min, 5-min, 15-min charts
- Medium-term: 30-min, 1-hour, 4-hour charts
- Long-term: Daily charts
(Note: Technical indicators vary by trading platform)
Where to Trade Ravencoin
| Exchange | Trading Pair | Price | 24h Volume |
|---|---|---|---|
| Binance | RVN/USDC | $0.0133 | $6,886 |
| Binance.us | RVN/USD | $0.0131 | $1,138 |
| BingX | RVN/USDT | $0.01299 | $43,565 |
| BitMart | RVN/USDT | $0.01295 | $631,049 |
| Bybit | RVN/USDT | $0.01298 | $233,055 |
Core Features of Ravencoin
1. Asset Creation Protocol
- Unique naming system prevents duplication
- Customizable asset properties
- Supports multiple asset types
2. Mining Mechanism
- Algorithm: KAWPOW (ASIC-resistant)
- Block Time: 1 minute
- Current Reward: 2,500 RVN per block
- Halving Schedule: Every 4 years
👉 Learn about mining profitability calculations
Ravencoin Use Cases
Primary Applications
- Security token offerings (STOs)
- Digital collectibles/NFTs
- Real estate tokenization
- Supply chain tracking
- Voting systems
Advantages Over Competitors
- No pre-mine or ICO
- Focused on asset transfer rather than payments
- Community-driven development
RVN Price Conversion Table
| RVN Amount | USD Equivalent |
|---|---|
| 100 RVN | $1.30 |
| 1,000 RVN | $12.99 |
| 10,000 RVN | $129.91 |
| 100,000 RVN | $1,299.06 |
Frequently Asked Questions
What makes Ravencoin different from Bitcoin?
While both use Proof-of-Work, Ravencoin specializes in asset transfer with faster blocks, ASIC resistance, and built-in asset creation tools.
Can I stake Ravencoin?
No, RVN doesn't support native staking. All coins enter circulation through mining.
How do I create assets on Ravencoin?
You'll need RVN for transaction fees and can use the Ravencoin Core wallet or compatible third-party tools.
What's the total supply of RVN?
The maximum supply is capped at 21 billion coins, with periodic halvings reducing mining rewards.
Future Development Outlook
The Ravencoin team continues to enhance:
- Wallet interfaces
- Asset management features
- Network scalability
- Enterprise adoption pathways
Note: Always research before investing in any cryptocurrency