Established in January 2018, Ravencoin coin has really started out vigorously. Ravencoin is an open-source project designed to enable instant payments to anyone around the world. The aim of the project is to create a blockchain optimized specifically for the transfer of assets such as tokens from one holder to another. Ravencoin’s current price is $0,024, and its value keeps on growing every day with 1.7% rate. As a fork of Bitcoin, Ravencoin token has a coin supply of more than $21 billion which is quite surprising taking into account that Bitcoin coin supply is only $21 million. Still, the world is so unpredictable these days, so let’s take a look at Ravencoin coin future price prediction.
What is Ravencoin (RVN)?
Basically, Ravencoin is a peer-to-peer blockchain, handling the efficient creation and transfer of assets from one party to another. Ravencoin is a fork of Bitcoin and, therefore, runs on Bitcoin’s UTXO model. Still, we can draw some differences between BTC and RVN. Ravecoin mining reward began at 5.000 RVN (BTC — 50); at one minute, Ravencoin’s block time is one-tenth of Bitcoin’s. Finally, Ravencoin is based upon a new mining algorithm, X16R which lets you manage more decentralized mining. Sounds mesmerizing, right? By the way, you can easily buy and exchange Ravencoin coin on our website.
Ravencoin Price Prediction 2019
Ravencoin is headed straight to success. These days the company’s developers are planning for IPFS (Interplanetary File System), which can be used for issuance meta-data and messaging. This alternation will boost the growth of Ravencoin value so it can reach $0.027 by the end of the year.
Ravencoin Price Prediction 2020
Ravencoin price prediction for today is rather different than for the upcoming 2020. For sure, RVC will multiply its user-base by 2020, and if the developers keep on introducing innovations, the price can easily reach $0.91-$0.93 in November-December 2020.
Ravencoin Price Prediction 2021
If you go to Reddit, you can see a lot of geeks discussing if it’s worth it buying Ravencoin and where you can buy it, especially in the upcoming 2020 and 2021. And that makes sense as long as its price is destined to rise gradually — in January 2021 the price can reach $0.031 and in December 2021 we can see it increasing up to $0.041-$0.044.
Ravencoin Price Prediction 2025
Making long-term predictions is always a challenge especially in such an unpredictable world. Still, according to some experts and news agencies, Ravencoin coin price in USD can rise as high as $0.11-$0.15 if the team keeps on enhancing the system and creating strategies to improve the general performance of the coin.
According to this Ravencoin price chart, we can clearly see the potential of the coin. Decent investments, Bitcoin’s experience and support from different big players of the business can make RVN a diamond of crypto with time.
*This price prediction is based on the data collected from various sources. The information presented in this article should not be considered as any sort of investing advice and the reader should do their own research before taking any actions.
Originally published at https://changenow.io on February 1, 2020.