RVN Token Surges 12% After Upbit Listing, Market Cap Tops $250M Amid High Volatility

Ravencoin (RVN) experienced significant price volatility in the past week, primarily driven by its recent listing on Upbit, South Korea’s largest cryptocurrency exchange. The listing triggered a sharp surge in trading volume and price, with RVN reaching highs of $0.027 and market capitalization exceeding $250 million as South Korean retail traders entered the market. However, following the initial rally, the price underwent a correction, consistent with historical patterns observed after major exchange listings.

Over the last 24 hours, RVN’s price on Binance increased by 12.29%, rising from a 24h open of $0.01538 to a current price of $0.01727, with this positive movement likely attributed to the continued impact of the Upbit listing and increased market participation. The 24-hour trading volume remains robust, reflecting sustained interest, but the asset continues to exhibit high volatility as traders react to recent developments and shifting sentiment.