Question 1

What determines the price movement of Ravencoin Classic (RVC)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like Ravencoin Classic.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Ravencoin Classic, collectively known as <0>fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Ravencoin Classic. By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Ravencoin Classic on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Ravencoin Classic. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Ravencoin Classic and the broader cryptocurrency market.

Question 2

What is the highest price of Ravencoin Classic price in history?

Accepted Answer

Ravencoin Classic achieved the all-time high of 0.0023336 in 2020-06-11, and is currently trading at 0.00000901.

Question 3

What is the lowest price of Ravencoin Classic price in history?

Accepted Answer

Ravencoin Classic reached its all-time low of  0.0000041 on 2024-08-20.

Question 4

What is the current market cap of Ravencoin Classic?

Accepted Answer

The current market cap of Ravencoin Classic is  135339.95073277442, as 15021082212.294607 RVC is trading at the price of 0.00000901.

Question 5

How many Ravencoin Classic are there in the market?

Accepted Answer

There are currently 15021082212.294607 RVC circulating in the market. These Ravencoin Classic can be actively traded or used in the open market.

Question 6

What is the maximum supply of Ravencoin Classic?

Accepted Answer

The maximum supply of RVC is 21000000000 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

Question 7

What is the fully diluted market cap (or FDV) of Ravencoin Classic?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Ravencoin Classic is 189210.000000000. The FDV is calculated taking the assumption that all supply of Ravencoin Classic is circulation, multiplied by its current price of  0.00000901.

Question 8

What is the price prediction of Ravencoin Classic ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>Ravencoin Classic price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Question 9

Is Ravencoin Classic a good investment?

Accepted Answer

Ravencoin Classic offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Ravencoin Classic and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and <0>do your own research (DYOR) before investing in Ravencoin Classic.

Question 10

How to buy Ravencoin Classic?

Accepted Answer

You can buy Ravencoin Classic via Gate by following the steps on <0>how to buy RVC once you have funded your account.

Ravencoin Classic Price

Ravencoin Classic (RVC) Price Live Chart

Ravencoin Classic (RVC) Price Today

RVC Price Data

RVC Market Cap Infos

RVC Supply

Ravencoin Classic (RVC) Credibility Indicators

Ravencoin Classic (RVC) to Local currency Converter

About Ravencoin Classic (RVC)