Ravencoin (RVN) Coin Price Prediction – 2023, 2025, 2030

Ravencoin (RVN) Overview

🪙 Cryptocurrency Ravencoin
💱 Ticker Symbol RVN
🏆 Rank 109
💸 Market Cap $365,434,056
💲 Price $0.03006
🚀 Trading Volume $14,821,264
📈 Price Change (24h) -4.66%
💰 Current Supply 12,156,804,605
  • Bullish Ravencoin (RVN) price predictions range between $0.13527 and $0.25551 by 2030.
  • Market analysts believe RVN could reach $0.10521 by 2025.
  • Bearish Ravencoin market price prediction for 2023 is $0.024048.

Ravencoin (RVN) Introduction

Initially, when assets are created on the blockchain, they could be lost or destroyed accidentally when the newly created token assets are traded with the coins via which they were traded. To solve this problem, Ravencoin was forked out of the Bitcoin code to be an internal currency within the Bitcoin Network, which allows users to create new token assets on the Raven chain via burning the Raven coin, and that facilitates the instant transfer of assets from one crypto user to another anywhere on the world.

The created token assets can represent anything from fiat currencies to gold. Virtual goods and material objects, to stocks and securities, among others. What Raven Network does is that it digitalizes tangible world tradable assets and makes it possible for crypto users to secure rights to them.

The idea of Ravencoin is to function like the Ravens, as stated in the Medium maiden post, which introduced the project, to create and carry marks of truth in authenticated history about who assets belong.

What is Ravencoin (RVN)?

Ravencoin is a virtual peer-to-peer blockchain created to efficiently handle the transfer of assets from one holder to another. It is an open-source project focused on building a specific use case technology that eliminates the barriers to the person-to-person financial interaction on the blockchain.

The project aimed to deploy a blockchain that specifically and effectively facilitates the transfer of token assets from one user to another and prevents the accidental loss of newly created token assets when traded with the networks or coins via which they were made. It is a product of a forked bitcoin code; however, it differs from the Bitcoin in the following ways:

  1. The block reward for the Ravencoin is much larger than that of the Bitcoin
  2. Max supply of the Ravencoin is 21 billion compared to 21 million of the Bitcoin
  3. Raven coin uses the KAWPOW algorithm, which solves the problem of mining centralization and;
  4. Block time is 1 minute.

The KAWPOW algorithm overcomes the mining centralization problem of the ASIC mining hardware. The algorithm is the product of modifications on the PROGpow and ethhash to improve the distribution of the Ravencoin. The algorithm employs Graphics Processing Unit (GPU) memory and computer capabilities, making it possible to mine Ravencoin without any custom grade, high-tech hardware. This algorithm makes Ravencoin very energy efficient and simple to mine. Ravencoin is so flexible that it can be mined on mobile devices.

The project was launched in January of 2018 by Bruce Fenton, Tron Black, and Joel Weight as Bitcoin marked its 9th anniversary in enabling instant transactions between persons around the world.

Ravencoin (RVN) Fundamental Analysis

The cryptocurrency space creates a broad platform of opportunities for developers by creating several specific use case cryptocurrencies. These specific use case coins will expand the community and hasten integration within daily financial activities. Creating a platform that makes the creation of these token assets possible and seamless and makes the instant financial interaction between asset holders anywhere in the world possible is a great advantage for Ravencoin.

Scalability

Ravencoin has a faster block time than bitcoin and Ethereum, more significant block rewards, and a larger Max coin supply. With its unique decentralized mining design, power consumption is very efficient, and transaction cost is low. It processes more transactions per second than almost every other altcoin, with a tiny-sized transaction block size that can be expanded further.

Collaborations

Today, anything with value in the real world can be seamlessly converted into valuable tokens using the Ravencoin blockchain. Raven’s capacity for tokenization has opened the platform to numerous partnerships from a business that uses the coin as a payment method. The partnerships include Crypto Posters, an online crypto shop for crypto goods; H-Town Donuts, a donut shop; Estate 88 Coffee, an Australian coffee bean seller; and Vincent Wine, a marketplace for new wine discovery and purchase. All of the afore listed businesses accept Ravencoin as payment.

Ravencoin has partnered with SMOO’s Smiles, Lozela, Crypsino, a casino platform; Kalimbera, Scots Rum, and Project 33. In addition, Ravencoin is in partnership with the most prominent exchanges such as Binance, Huobi, Bittrex, By bit, and CoinEx, among others.

Ravencoin (RVN) Current Price

Ravencoin is currently worth $0.03006 USD. RVN has moved -4.66% in the last 24 hours with a trading volume of $14,821,264. Ravencoin is currently ranked 109 amongst all cryptocurrencies with a market capitalization of $365,434,056 USD.


Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Ravencoin (RVN) to decide wether it is going to have a bullish or bearish year.

Ravencoin (RVN) Price Predictions

Ravencoin can turn any valuable physical item into a valuable token; hence, the expansion of the Metaverse, Web3, and Nonfungible tokens holds an excellent possibility for expansion for Ravencoin. More so, the expansion of crypto usage implies greater tokenization of physical valuables, which implies expansion for Ravencoin. In addition to its use case, Raven’s efficient energy use, mining flexibility, and low cost, coupled with its adoption as a payment method by several businesses also suggest the possibility of growth for the project.

Away from the qualitative assumptions, let us show you the figures from our sophisticated artificial intelligent analytical tools.

Year Minimum Price Average Price Maximum Price
2023 $0.036072 $0.042084 $0.04509
2024 $0.06012 $0.066132 $0.07515
2025 $0.09018 $0.096192 $0.10521
2026 $0.12024 $0.126252 $0.13527
2027 $0.1503 $0.156312 $0.16533
2028 $0.18036 $0.186372 $0.19539
2029 $0.21042 $0.216432 $0.22545
2030 $0.24048 $0.246492 $0.25551
2031 $0.27054 $0.282564 $0.294588

Our price prediction forecasts use real-time Ravencoin (RVN) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.

Ravencoin (RVN) Price Prediction 2023

Ravencoin, according to some, is one of the most amazing cryptocurrencies to rise this year (RVN). The RVN price forecast for 2023 anticipates a significant increase in the year’s second half, possibly reaching $0.04509.

As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.042084 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. RVN is expected to have a minimum value of $0.036072.

Ravencoin (RVN) Price Prediction 2024

In 2024, Ravencoin RVN price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of RVN will soon surpass $0.07515. However, we should wait to see if the RVN’s relative strength index comes out of the oversold zone before placing any bullish bets.

Considering the market volatility, RVN will trade with a minimum trading price of $0.06012 and an average trading price of $0.066132.

Ravencoin (RVN) Price Prediction 2025

If the upward trend continues until 2025, it could reach $0.10521 and RVN may profit. If the market experiences a decline, the goal may not be met. RVN is expected to trade at an average price of $0.096192 and a low of $0.09018 in 2025.

Ravencoin (RVN) Price Prediction 2026

If Ravencoin successfully boosts market sentiment among cryptocurrency enthusiasts, the RVN coin price could remain stable for the next five years.

According to our projections, RVN will be green in 2026. The RVN is expected to reach and surpass its all-time high in 2026. In 2026, the virtual currency will be worth $0.13527, with a minimum price of $0.12024 and an average price of $0.126252.

Ravencoin (RVN) Price Prediction 2027

After some extensive forecasting and technical analysis, we estimate the RVN price is expected to cross an average price level of $0.156312 by 2027, with a minimum price of $0.1503 expected before the end of the year. Furthermore, RVN has a maximum price value of $0.16533.

Ravencoin (RVN) Price Prediction 2028

Due to the future partnerships that are expected to happen by 2028, we are expecting that a bullish trend will continue, bringing the average price to around $0.186372. If RVN manages to break the resistant level in 2028, we could see a maximum price of $0.19539, failing to gather the support RVN needs by 2028 could result in a low of $0.18036.

Ravencoin (RVN) Price Prediction 2029

While RVN is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $0.21042 and a yearly price close above $0.22545 in 2029.

Ravencoin (RVN) Price Prediction 2030

By 2030, Ravencoin will finally surpass its previous ATH values and record new price levels. The minimum price could be $0.24048 and potentially reach a maximum price value of $0.25551, averaging out at $0.246492.

Ravencoin (RVN) Price Prediction 2031

The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2031, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum RVN price in 2031 is projected to be $0.294588 in the event of a bull run, with an average price level of $0.282564.

Conclusion

With the growth of unique digital asset ownership, the personalization of digital space, and the tradability of physical value turned into digital tokens; powered by Nonfungible Tokens, the Metaverse, and Web 3, the growth of Ravencoin is inevitable. As crypto adoption and usage expands, tokenization of valuables would increase, and so would Ravencoin.

Premium Ravencoin (RVN) Price Predictions

Create your account below to receive exclusive access to a wide range of trading tools such as premium Ravencoin price predictions, advanced RVN buy/sell signals and much more.

Create Account

Exclusive Premium Features
  • 78.94% Forecast Accuracy
  • Advanced Trading Signals
  • Hourly, Daily, Weekly & Monthly Predictions
  • Chart Pattern Recognition
  • Export Forecast Data
  • Buy/Sell Recommendations
  • Ad Free Platform

FAQ

What is the Ravencoin (RVN) price today?

Today, Ravencoin (RVN) is trading at $0.03006 with a total market capitalization of $365,434,056.

Is Ravencoin a good investment?

Ravencoin proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that RVN is a good choice of investment.

How high can Ravencoin go?

The average price of Ravencoin (RVN) can possibly reach $0.042084 this year. Over the next 5 years, it is projected that Ravencoin may surpass $0.19539.

How much will Ravencoin be worth in 5 years?

Based on the rising popularity of cryptocurrency and Ravencoin, a long term investment in RVN could see the price rise to $0.19539 within the next 5 years.

How much will Ravencoin be worth in 10 years?

If you invest in Ravencoin today, as with any investment, a long term increase is expected. The price of RVN could possibly rise to $0.381763 within the next 10 years.

What will the Ravencoin price be in 2024?

Ravencoin (RVN) price is expected to reach $0.07515 by 2024.

What will the Ravencoin price be in 2025?

Ravencoin (RVN) price is expected to reach $0.10521 by 2025.

What will the Ravencoin price be in 2026?

Ravencoin (RVN) price is expected to reach $0.13527 by 2026.

What will the Ravencoin price be in 2027?

Ravencoin (RVN) price is expected to reach $0.16533 by 2027.

What will the Ravencoin price be in 2028?

Ravencoin (RVN) price is expected to reach $0.19539 by 2028.

What will the Ravencoin price be in 2029?

Ravencoin (RVN) price is expected to reach $0.22545 by 2029.

What will the Ravencoin price be in 2030?

Ravencoin (RVN) price is expected to reach $0.25551 by 2030.

What will the Ravencoin price be in 2031?

Ravencoin (RVN) price is expected to reach $0.294588 by 2031.

Barinem Pene Verified

Barry Pene is a stern blockchain research/copywriter. Barry has been trading cryptos since 2017 and has been invested in issues that would put the blockchain industry on the right pedestal. Barry's research expertise cuts across blockchain as a disruptive technology, DeFis, NFTs, Web3, and reduction of energy consumption levels of cryptocurrency mining.

Latest Predictions