Ravencoin price today, RVN to USD live price, marketcap and chart | CoinMarketCap (2024)

Ravencoin is a fork of Bitcoin, so it is protected by the power of decentralization and mathematics. It uses a proof-of-work mining algorithm called KAWPOW, which replaced X16R and X16RV2 on May 6, 2020. Not only does this ensure security it is designed to be ASIC resistant.

The X16r algorithm group employed initially uses 16 different hashing algorithms for each mining block, but the order in which they are used is different for every block and is derived from the last 8 bytes of the hash of the previous block. It was thought that the necessity to adapt each cycle did not give ASICs any advantage over CPUs and GPUs. Eventually, however, ASICs for it were created, andRavencoin had to switch to an entirely different algorithm, KAWPOW, which was a slightly modified version of ProgPow, which itself was the evolution of Ethash and is optimised for mining on GPUs.

This, combined with the commitment of fair distribution with no pre-mine is meant to ensure that no single individual or organization will have or be able to have enough hash power to try to attempt a 51% attack or create any sort of artificial market price shocks.

Unfortunately, there was a successful known hack of the Ravencoin blockchain, of which the public was informed about on June 3, 2020. During the attack, hackers managed to instantly mint i315 million RVN coins, which constitutes about 1.5% of Ravencoin’s supply cap of 21 billion. At the moment of the announcement, the price of the stolen RVN was estimated at USD $5.7M. None of the existing coin holders were directly affected by the attack.

Ravencoin price today, RVN to USD live price, marketcap and chart | CoinMarketCap (2024)

FAQs

How much is Ravencoin worth? ›

Ravencoin's price today is US$0.02029, with a 24-hour trading volume of $10.22 M. RVN is +1.98% in the last 24 hours. It is currently -1.46% from its 7-day all-time high of $0.0206, and 15.68% from its 7-day all-time low of $0.01754. RVN has a circulating supply of 14.08 B RVN and a max supply of 21 B RVN.

What is the circulating supply of Ravencoin? ›

RVN has a circulating supply of 14.06B coins and a max supply of 21.00B RVN.

What is the ticker symbol for Ravencoin? ›

Ravencoin (RVN) is a cryptocurrency launched in 2018. Users are able to generate RVN through the process of mining. Ravencoin has a current supply of 14,070,855,538.263918. The last known price of Ravencoin is 0.02012108 USD and is down -0.58 over the last 24 hours.

How much is Ravencoin history price? ›

Ravencoin (RVN) Price History

The price of Ravencoin is $0.029 per RVN. Over the last week, the price of Ravencoin changed +3.55%. Over the last month, the price of Ravencoin changed -6.81%. Over the last year, the price of Ravencoin changed +31.60%.

What will Ravencoin be worth in 2025? ›

Ravencoin (RVN) Price Prediction 2030
YearPrice
2024$ 0.019836
2025$ 0.020828
2026$ 0.021869
2027$ 0.022963
1 more row

Will Ravencoin ever hit $1? ›

It might – but if it does, it's unlikely to be for a long time. Most price predictions for Ravencoin (RVN) suggest a slow development, with little evidence the coin will reach a dollar at any point soon. That is not to say that it cannot ever reach $1 – just that it is not likely to happen until the 2030s at least.

Can Ravencoin reach $100? ›

Can Ravencoin Reach $100? Although it is impossible to make an accurate Ravencoin price prediction over any duration, it seems unlikely that it could touch the critical level of $100.

Does Ravencoin have a future? ›

Our most recent Ravencoin price forecast indicates that its value will increase by 1.79% and reach $0.020389 by July 21, 2024.

What is the all time high for RVN token? ›

The highest price paid for Ravencoin (RVN) is $0.2852, which was recorded on Feb 20, 2021 (over 3 years). Comparatively, the current price is 93.80% lower than the all-time high price.

Which coin is best to invest in? ›

Top 10 Cryptos in 2024
CoinMarket CapitalizationCurrent Price
Bitcoin (BTC)$1.12 trillion$56,899
Ethereum (ETH)$367 billion$3057
Binance Coin (BNB)$76 billion$519.05
Solana (SOL)$62 billion$134
6 more rows
Jul 12, 2024

Who is behind Ravencoin? ›

In 2018, a trio of co-founders – Bruce Fenton, Joel Weight, and Tron Black – launched the Ravencoin crypto project.

Which crypto to buy today? ›

Top Cryptos
NamePriceChange
ETH Ethereum303,989.02,715.2
USDT Tether USD72.50-15.50
BNB Binance Coin49,805.51705.51
SOL Solana9,949.99-3,935.11
37 more rows

What is the total supply of RVN? ›

The current circulating supply of Ravencoin is 14,049,698,493.664 RVN which means that Ravencoin has as total market cap of 14,049,698,493.664.

What is the live price of Ravencoin? ›

Price of RVN today

The live price of Ravencoin is $ 0.019742 per (RVN / USD) with a current market cap of $ 277.63M USD.

Should I buy Ravencoin now? ›

Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 65 (Greed). Ravencoin recorded 18/30 (60%) green days with 8.25% price volatility over the last 30 days. Based on the Ravencoin forecast, it's now a bad time to buy Ravencoin.

Is Ravencoin worth buying? ›

Per our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 28 (Fear). Ravencoin recorded 15/30 (50%) green days with 12.13% price volatility over the last 30 days. Based on the Ravencoin forecast, it's now a bad time to buy Ravencoin.

How high can Ravencoin go? ›

The long term sentiment, however, remains bullish and RVN could hit $0.043 in 2025. The total circulating supply of Ravencoin as of writing this article was $14071245538.26 and the marketcap of RVN remains at $284,923,085. Ravencoin price in the longer term is expected to reach a high of $0.54 in 2035.

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