RVN Token Soars 155% After Upbit Listing, Trading Volume Surges Over 4200% Amid Volatility

Ravencoin (RVN) experienced a significant price surge following its listing on Upbit, South Korea’s largest cryptocurrency exchange, which led to a sharp increase in trading volume and heightened interest from South Korean traders. This event drove RVN’s price up by as much as 155% at its peak, with daily trading volume rising over 4200%. However, after the initial spike, the price has shown notable volatility and some pullback, reflecting typical patterns seen with other tokens after major exchange listings.

Currently, RVN is trading at $0.01762 on Binance, up 13.68% over the last 24 hours with a 24-hour opening price of $0.01550. The token’s market capitalization is approximately $275 million, with a circulating supply of 15.23 billion RVN and a 24-hour trading volume ranging from $105 million to $170 million, indicating sustained high trading activity and ongoing volatility in the short term.