$RVN (Ravencoin) is an experimental digital currency based on peer-to-peer technology that supports instant payments worldwide. Its decentralized nature means there is no central authority; all transaction validation and fund issuance are completed collectively by the network.
Raven Core is the open-source software that supports this currency, while the Ravencoin network itself is a decentralized peer-to-peer system developed from a fork of Bitcoin's code, officially launched on January 3, 2018. As a completely open-source project, Ravencoin has neither conducted an ICO (Initial Coin Offering) nor relies on a masternode mechanism.
The blockchain focuses on efficiently implementing asset transfer functions, aiming to build practical technology and foster a strong and continually growing community.
Recently, official news announced that UP Exchange will add RVN spot trading pairs. Following this positive news, the price of $RVN surged 94%, briefly topping the gainers' list! However, after the market sentiment was released, RVN gradually entered a correction phase, with low daily trading volume and weak market performance.
Based on the current trend, the Haitang team has led community members to implement a short-selling strategy, with target points being adjusted in real-time according to market movements.
