- The Overview of Ravencoin
- Is Ravencoin A Safe Investment After Ethereum Merge?
- Ravencoin (RVN): Historical Voyage
- Ravencoin Price Prediction 2022
- Ravencoin Price Prediction 2023
- Ravencoin Price Prediction 2024
- Ravencoin Price Prediction 2025
- Ravencoin Price Prediction 2026
- Ravencoin Price Prediction 2027
- Ravencoin Price Prediction 2028
- Ravencoin Price Prediction 2029
- Ravencoin Price Prediction 2030
- Ravencoin Price Prediction: Market Sentiment
- Our Verdict
- Buy Ravencoin
The Overview of Ravencoin
Even though quite inspired by Bitcoin, businessmen Bruce Fenton, Joel Weight, and Developer Tron Black had different ideas for coining Ravencoin in 2018. The expert software developer team of Ravencoin did not intend to sell tokens to the public initially. However, while launching this digital peer-to-peer network, they got enormous subsidies from Overstock.com Medici Ventures. Before reading our Ravencoin price prediction, let’s explore the market dynamics first.
|Price Change 24H||+2.59%|
|Price Change 7D||+6.69%|
|Circulating Supply||11,934,793,989 RVN|
|All Time High||$0.2854|
|All Time Low||$0.008794|
Exploring the immense benefits of Proof-of-Work blockchain, a mining algorithm called KAWPOW replaced X16R and X16RV2 on May 6, 2020. Not only does this ensure security, it is designed to be ASIC resistant, but also, this blockchain platform went to be the pioneer, positioning itself as an alternative to other esteemed digital assets like Ethereum, Bitcoin, and Stellar, to name a few. It was led by the core crypto enthusiasts like Bruce Fenton and others.
Facilitating the issuance of tokens for various purposes, including representing real-world assets and NFTs, Ravencoin may have taken a small step towards developing customer-friendly solutions. Still, it has proved a giant leap for the entire DeFi eco-space.
Is Ravencoin A Safe Investment After Ethereum Merge?
Since the completion of Ethereum Merge, Ravencoin has been viewed as a potential winner. The RVN token’s price has surged significantly this month. But why is Ravencoin suddenly going up?
Why is Ravencoin Going Up?
One of the biggest reasons is that Ravencoin is a fork of the crypto king, that is, the Bitcoin (BTC) network. RVN is specifically designed to aid the development and transfer of digital assets between two parties. BTC’s PoW consensus mechanism technically powers RVN. Miners who believe that Ravencoin will see a price rise will migrate to the network to keep earning fair compensation for their invested resources and hard work.
Not just that, since Ethereum mining is now obsolete, they are looking for alternatives, and a lot of them are considering Ravencoin. It is because the Ravencoin network has a lot of use cases, such as substantially lower costs and faster speeds. Thus, RVN has rallied after the increased mining activity.
Ravencoin (RVN): Historical Voyage
Ravencoin cryptocurrency has become successful in breaking free from the conventional methodologies of transactions in the cryptocurrency market. Ravencoin’s native currency, RVN, is traded on various exchanges by millions of users worldwide and is yet to position itself in the mainframe of investment-worthy currencies.
The inertia that initially played for the Ravencoin (RVN) token is no longer there as the token has gained customer trust, bringing profit for investors and traders. Over the past few months, the price of Ravencoin (RVN) tokens had shown a significant price increase but later became a victim to profit selling when the price reached $0.07396, and currently, it trades at around $0.03493.
Ravencoin (RVN) Price Prediction: 2022-2030
|Year||Minimum price||Maximum price|
Cryptocurrency forecast is not an easy task; so much uncertainty and volatility. This makes the forecast process challenging. However, this is where technical analysis comes into the picture for crypto assets. The more research and analysis, the lesser your chances of losing money rapidly.
Looking at the Ravencoin network, a lot of revamping is needed to show more agility in making radical changes to the fundamentals of this open-source project. This could help push the RVN price to the peak through the coin did not outperform during the last year; most of the competitors of Ravencoin, too, did not mesmerize the traders either.
To be in tandem with optimistic evangelists and the features of Ravencoin being easy to store and technological advancement of distributed web usage for scalability and storage might drive Ravencoin’s financial growth and increase its price significantly by the end of 2022.
2020 might have seen the RVN price hovering around its crucial support level of $0.020. Later, it boosted the market sentiment phenomenon drastically from the beginning of 2021. Ravencoin kept its momentum onward and upward in the last year.
As per the technical analysis and short-term projection, the coin is currently going through a downward momentum. But for the long-term, you can explore our Ravencoin price prediction to have an idea about the future of RVN coins.
Ravencoin Price Prediction 2022
Based on the current price momentum and historical data, it is anticipated that RVN may have a maximum value of $0.0459 and a minimum value of $0.0325. At the same time, the average price may be $0.0392 as per our Ravencoin price prediction 2022.
Ravencoin Price Predictions for October 2002
For the month of October 2022, we expect Ravencoin to have a maximum price of $0.0393 and a minimum price of $0.0335, respectively. At the same time, our RVN price forecast anticipates the average trading price of Ravencoin to be $0.0364, even in the bear market of digital assets.
Ravencoin (RVN) Price Prediction for November 2022
Based on past performance, Ravencoin is expected to have a minimum, maximum, and average price of $0.0375, $0.0431, and $0.0403, respectively, for November 2022.
Ravencoin Crypto Price Prediction for December 2022
By the 2022 end, the Ravencoin technical analysis anticipates the coin to have an average trading price of $0.0436, while the maximum value may be $0.0459 and the minimum value may be $0.0413.
Ravencoin Price Prediction 2023
In the year 2023, the token can reach a maximum level of $0.0984, and the minimum level may be $0.0789 based on our Ravencoin price prediction 2023. At the same time, the coin will trade at an average of $0.0887. The price change may be around 24.71%, which is a significant growth compared to the current price.
Ravencoin Price Prediction 2024
Based on our Ravencoin price prediction for 2024, the maximum level of the token may be $0.16 in the crypto world. In comparison, the minimum and average prices are forecasted to be $0.13 and $0.145.
Ravencoin Price Prediction 2025
The coin may trade in a range of $0.165 to $0.189, where $0.189 is the maximum level while $0.165 is the minimum level for 2025 based on our RVN price prediction 2025. While the average forecast price is expected to be $0.177. Ravencoin’s price growth indicates that it will be a profitable investment in the crypto market.
Ravencoin Price Prediction 2026
After looking at the past performance, it is expected that Ravencoin’s price will see a maximum level of $0.17, with a minimum level of $0.15 for the year 2026. Our RVN crypto price prediction expects the coin to have a bullish trend with an average price of $0.16.
Ravencoin Price Prediction 2027
According to our analysis and prediction, the minimum, average, and maximum prices are expected to be around $0.18, $0.19, and $0.20, respectively, for RVN in the year 2027. Ravencoin ultimately is expected only to go up in a long-term perspective.
Ravencoin Price Prediction 2028
As per our RVN price forecast, the coin’s price may be between $0.23 to $0.26 in 2028, with an average price of $0.245. $0.23 is also the minimum price, and $0.26 is the maximum price.
Ravencoin Price Prediction 2029
By 2029 end, our Ravencoin analysis expects the coin to have an average price of $0.295, while the maximum value may be $0.31 and the minimum value may be $0.28. Ravencoin is an excellent investment for the long term.
Ravencoin Price Prediction 2030
As per the latest industry news, technical analysis, and RVN price prediction 2030, the Ravencoin might reach the highest price of $1.252, and by 2023, the trading price of RVN might touch $2.648 soon.
Ravencoin Price Prediction: Market Sentiment
The current price of Ravencoin stands at $0.03818, with a market cap of $447,593,688, a fully diluted market cap of $737,328,603, and a 24 hours trading volume of $37,347,816. The circulating supply of Ravencoin in the market is 11,704,668,751 RVN. Even though it is a late entrant in the market, it has a crypto asset nomenclature. The following Ravencoin price prediction by experts are quite optimistic:
Based on our Ravencoin price prediction 2022, a price fall is expected. The same is to be continued in the next year as well; the RVN coin price prediction for 2023 indicates that the price may be $0.00479.
The price of Ravencoin seems to be showing a positive price trend. It may offer considerable returns to its investors by reaching around $0.0466 by the end of 2022. The RVN price prediction 2022 indicates it is the best time to buy Ravencoin at the lowest price going by the trend.
Digital Coin Price
Ravencoin price is expected to rally further towards the next target at $0.3 by 2024. However, the price may continue to consolidate for an extended period before making another attempt to hit the new upper targets.
Based on our Ravencoin price prediction 2022, the RVN crypto has a promising future with a robust market cap. The coin may get marginally impacted, but bulls will be back, and over the next 5 years, the price of RVN may be $0.591, proving a good long-term investment asset.
The future price of Ravencoin is forecasted to reach $0.0503954 by the beginning of December 2022. The expected ceiling price is $0.0629942; the floor price is around its support level of $0.0428361. The average Ravencoin price prediction 2022 is $0.0503954.
At the start of December 2022, the RVN price will be around $0.0419. A Maximum price of $0.045, and the minimum price is $0.041 for December 2022. The average RVN price for December 2022 is $0.043. Changelly
Ravencoin (RVN): Redefining the Crypto Trends
As software, Ravencoin aspired to be the trendsetter in allowing users to create a new class of crypto assets. The token name is borrowed from the fictional world of Game of Thrones. Not only creation but RVN is also used to transfer digital assets, which belong to the ongoing asset categories in the market, including securities, collectibles, gold, event tickets, and even airline miles.
As a fork of the Bitcoin codebase, Ravencoin has also incorporated the lucrative features of Bitcoin, including giving the entire trading community the benefit of trading in multiple digital coins. Offering more security through its network, Ravencoin uses the Proof-of-Work consensus mechanism. Other modifications include:
- One-minute block times.
- A modified issuance schedule.
- A block reward of 5,000 RVN.
- Ravencoin’s cryptocurrency.
- A maximum supply of 21 billion RVN.
All esteemed platforms utilizing the Ravencoin platform are the ultimate beneficiaries of this prestigious tokenized asset transfer of Ravencoin. Not only in terms of functionality but also the release of the Ravencoin Mainnet and increased activity on the platform have significantly helped the token gain its price on the crypto exchange. Ravencoin aims to give a tough challenge to its competition in the crypto community.
Ravencoin blockchain has a robust community backing from one of the most respected names in online retail and is fully poised for growth, even though gradual but steady. The platform is open-source and managed by community-led nodes of the crypto space.
Ravencoin Price Predictions: Our Verdict
Ravencoin price analysis suggests the RVN will hit the $0.0459 mark within a year’s time and further rise to $0.0984 in 2023. The RVN projection for the future anticipates a bull run reaching a higher price level of $0.16 by 2024, and the minimum price drop is estimated to hit a $0.13 low by the year-end.
So is Ravencoin a good investment? Definitely Yes! On a bullish note, our experts believe the price prognosis might reach a $0.189 high in five years. Based on our RVN price forecast, the price is expected to increase to $0.38 in 2030, rising by 978.6% from the current price. Continuous upgradation of the Ravencoin blockchain will eventually aid the price rally.
The historical performance does not guarantee the future earning potential of the coin. These predictions are only for information purposes, not investment advice. You must perform your own research before you buy Ravencoin.
Frequently Asked Questions
Is Ravencoin a good investment in 2022?
Based on the Ravencoin price forecast, it is predicted that it is profitable to invest in Ravencoin tokens for the long term and definitely a good investment, seeing the demand and inherent value. Investing is always done at your own risk, so always do proper research.
Does Ravencoin has a future?
RVN coin is growing not by leaps and bounds but is scaling gradually. Given the unleashed power of distributed web technology, Ravencoin definitely has a promising future and a profitable investment based on our technical analysis and Ravencoin forecast.
Where to buy and sell Ravencoin?
The top crypto trading exchanges for Ravencoin are currently Binance, Huobi Global, OKX, ZG.com, and VCC Exchange. You can compare the prices on exchange and decide based on your own research and study of price predictions before you buy and sell in the crypto market.
What will Ravencoin be worth in 2030?
Our Ravencoin forecast suggests that the coin will have a maximum value of $0.38 with a minimum value of $0.33, with price changes of around 15.15%. However, no one can predict the exact future price of cryptocurrencies. Investors have to do their own due diligence before investing.
Is it profitable to invest in Ravencoin?
In accordance with various Ravencoin predictions by experts, the future price of the RVN can reach $0.189 by 2025, rising 438.9% from the current price. On a bullish note, the investment in Ravencoin cryptocurrency is undoubtedly profitable.
Will Ravencoin ever go up?
Yes! RVN token will definitely go up. According to Ravencoin prediction, the Ravencoin cryptocurrency can hit the maximum price level of $0.16 within two years.
Can Ravencoin reach $1?
The long-term RVN prediction anticipates that Ravecoin will trade above $0.38 by 2030. So, it will take quite some time for the RVN token to hit the $1 mark, as predicted by our RVN forecast. If the coin somehow manages to outperform the competition and psychological barrier of the investors, it may hit $1 sooner.