$RVN 14.5% in a day is a solid gain, indicating strong buying interest. This follows even larger spikes, with reports of RVN jumping over 68% and even 127% in a single day recently due to these listings.
What is Ravencoin (RVN)?
🐦 Bitcoin Fork with a Purpose: Ravencoin is a blockchain project launched in 2018, built on a fork of Bitcoin's code.
asset transfer: Its core focus is on enabling the seamless creation and transfer of tokenized assets. This can include anything from real estate and stocks to NFTs and in-game virtual currencies.
⚡️ Faster Blocks & More Supply: Unlike Bitcoin, it has a one-minute block time and a maximum supply of 21 billion coins (1,000 times Bitcoin's).
⛏️ ASIC-Resistant Mining: Ravencoin uses the KAWPOPOW algorithm, which aims to keep mining decentralized by resisting ASIC (Application-Specific Integrated Circuit) miners, allowing GPU miners to participate.
🔥 RVN Burn Mechanism: To create new tokens on the Ravencoin network, users must burn RVN coins, which can potentially support its price by reducing supply over time.
