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Ravencoin Price Prediction 2021-2028

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Ravencoin is a fork of BTC that tries to improve upon asset ownership. The project launched on Jan 3, 2018, the ninth anniversary of BTC. It provides an exchange platform that allows a user or trader to create tokens of any kind and easily transfer the asset ownership to others. 

Tokens created on the network can have any properties that the issuer decides. This means you could create a payment token or digital assets representing real-world assets similar to NFTs, or representing virtual currency in a game. These are just a couple of examples of what you can make, but with how open-ended the options are, there are plenty more opportunities on the RVN blockchain.

Ravencoin is a blockchain technology protocol that allows developers and users to create tokens for virtually any asset. The Ravencoin token can then be transferred to third parties “Asset transfer” via the Ravencoin network – a fork of BTC’s original code that, among other things, changes the coin supply from 21 million to 21 billion while reducing the amount of time it takes to mine a block reward. In addition, the Ravencoin project held some of BTC’s features, including periodical halvings while transactions are validated through Proof of Work (PoW).

Much like BTC code, it is a Proof-Of-Work coin. Originally built on the X16R algorithm, ASIC mining quickly became a viable option. The new mining algorithm, Kawpow, allows consumer-grade GPUs to effectively mine the coin while proving to be ASIC resistant to promote decentralization. Although it is possible to solo mine Raven, a large majority of the mining is done through pools.

Although it is a direct fork of BTC, Ravencoin offers distinct differences for miners based on the CFDs. For example, block rewards are 5,000 RVN vs. 50 BTC, and block times are cut down by 90% to 1-minute vs. 10 minutes. The first halving of block rewards is set to occur in January 2022, with block 2,100,000. After that, each subsequent 2.1m blocks will trigger another halving. This puts it at around every three years.

Through Ravencoin, crypto investors and developers can create a tradable cryptocurrency that tracks the price of off-chain assets such as gold, silver, euro, and collectibles. These tokens facilitate and reduce the cost of trading the assets. Virtually anything that has a value can be converted into a raven coin through the Ravencoin blockchain.

Ravencoin is a very community-driven project. It’s entirely open source and run by community-led nodes. This is another coin that doesn’t incentivize running a node, so it promotes decentralization. The coin never had an ICO, and the developers never pre-mined, so its launch was much fairer than many coins. On that same note, the developers never held any coins, so the circulating supply is held mainly by the community.

History of Ravencoin

Upon launch in 2018, Ravencoin’s team was funded by Medici Ventures, a blockchain-focused subsidiary of Overstock.com. Ravencoin was explicitly designed to create a mining ecosystem where the specialized mining hardware used for other cryptocurrencies-called application-specific integrated circuits (ASICs), did not have an advantage over your average computer.

In January 2020, Tron Black, Ravencoin’s lead developer, wrote in a post on Medium that ASIC miners had found a way to game Ravencoin’s original algorithms, giving them a leg up on computers with regular processing power.

To remedy this, the Ravencoin team further modified its algorithms. Even if miners chose to use ASICs, their hardware would be forced to behave like regular computer hardware to compete because the creators specified the algorithms to be most efficient when used by consumer-grade hardware. This essentially evened the playing field-at least for the time being.result in a short-term push towards $0.20 for a potential 50% to 100% upside depending on your entry price.

Price forecast from Tradingbeast

Ravencoin Price Prediction 2021-2028 6

2021 price forecast chart from Tradingbeast

Ravencoin prediction for August 2021

The price is forecasted to reach $0.0740112 by the beginning of August 2021. The expected max price is $0.0931560, and the mini price is $0.0633460. Thus, the price prediction for the end of the month is $0.0745248.

Ravencoin RVN price prediction for September 2021

The price is forecasted to reach $0.0745248 by the beginning of September 2021. The expected max price is $0.0937736, and the mini price is $0.0637661. Thus, the price prediction for the end of the month is $0.0750189.

Ravencoin prediction for October 2021 

The Ravencoin price is forecasted to reach $0.0750189 by the beginning of October 2021. The expected max price is $0.0943468, and the mini price is $0.0641558. Thus, the Ravencoin projection for the end of the month is $0.0754774.

Ravencoin price projection for November 2021

The Ravencoin price is forecasted to reach $0.0754774 by the beginning of November 2021. The expected max price is $0.0949122, and the mini price is $0.0645403. Thus, the Ravencoin prediction for the end of the month is $0.0759298.

Ravencoin projection for December 2021

The Ravencoin price is forecasted to reach $0.0759298 by the beginning of December 2021. The expected max price is $0.0954323, and the mini price is $0.0648939. Thus, the Ravencoin projection for the end of the month is $0.0763458.

2021-2026 Ravencoin price prediction from Wallet investors

According to WalletInvestor, the price can increase from $0.177 to $0.348 in the coming year, jumping more than 98%. However, by 2026, RVN will be worth $0.946 without sustaining any major crashes.

Ravencoin price prediction for 2022

Ravencoin Price Prediction 2021-2028 8Ravencoin projection chart for 2022 from Tradingbeast

Dollar to RVN price projection for January 2022

The expected max price for RVN in January is 0.0959403 USD, and the mini price is 0.0652394 USD. The average price forecast at the end of the month is $0.0767522, with a 40.29% change.

Dollar to Ravencoin projection for February 2022

In February, the price is forecasted to reach the max price of 0.0964171 USD and a mini price of 0.0655636 USD. The average Ravencoin price forecast at the end of the month is $0.0774560, with a 41.58% change.

Dollar to Ravencoin RVN price forecast for March 2022

In March, the price is forecasted to reach the max price of 0.9723 USD and a mini price of 0.06583 USD. Thus, the average price projection at the end of the month is 0.0774560, with a 41.48% change.

RVN Price forecast for April 2022

In April, the price is forecasted to reach the max price of 0.09723 USD and a mini price of 0.0661193 USD. As a result, the average RVN projection at the end of the month is $o.0777874, with a 42.19% change.

RVN price projection for 2023

Ravencoin Price Prediction 2021-2028 9

Ravencoin projection chart for 2023 from Tradingbeast

Dollar to RVN price prediction for January 2023

The expected maximum price for RVN in January is 0.0992227 USD, and the minimum price is 0.0674714 USD. The average price forecast at the end of the month is $0.0793782, with a 45.09% change. 

Dollar to RVN prediction for February 2023

In February, the price is forecasted to reach the max price of 0.0991862 USD and a mini price of 0.0674744 USD. The average price forecast at the end of the month is $0.0793817, with a 45.10% change. 

Dollar to RVN price forecast for March 2023

In March, the price is forecasted to reach the max price of 0.0991862 USD and a mini price of 0.0674466 USD. As a result, the average price projection at the end of the month is $0.0793490, with a 45.04% change.

Price forecast for April 2023

In April, the price is forecasted to reach the max price of 0.0990887 USD and a mini price of 0.0673803 USD. As a result, the average RVN projection at the end of the month is $o.0792710, with a 44.90% change.

RVN price projection for 2024

Ravencoin Price Prediction 2021-2028 10

Ravencoin projection chart for 2024 from Tradingbeast

Dollar to RVN price prediction for January 2024

The expected maximum price for RVN in January is 0.0951516 USD, and the minimum price is 0.0647031 USD. The average price forecast at the end of the month is $0.0761213, with a 39.14% change. 

Dollar to RVN prediction for February 2024

In February, Ravencoin’s price is forecasted to reach the max price of 0.0942449 USD and a mini price of 0.0640865 USD. The average price forecast at the end of the month is $0.0753959, with a 37.82% change. 

Dollar to Ravencoin price forecast for March 2024

In March, the price is forecasted to reach the max price of 0.0932782 USD and a mini price of 0.0634292 USD. As a result, the average price projection at the end of the month is $0.0746226, with a 36.40% change.

Price forecast for April 2024

In April, the coin price is forecasted to reach the max price of 0.0921025 USD and a mini price of 0.0626297 USD. As a result, the average RVN projection at the end of the month is $0.0 736820, with a 34.68% change.

Price projection from Wallet investor 

Despite the recent plunge, analysts believe Raven will continue on a bullish momentum for the rest of 2021 and beyond. As a result, WalletInvestor considers Ravencoin a good long-term investment. They give it a $0.29 price target within the next 12 months and believe it could climb up to $0.95 in five years. 

Ravencoin Price Prediction 2021-2028 12RVN coin price prediction 2021-2022 from Walletinvestor 

2021-2028 from Digitalcoin 

According to the Ravencoin prediction on Digitalcoin, the price of Ravencoin in 2021 will start above $0.1 and will rise to $0.18 in 2022. The coin will start in 2023 at $0.2 and rise to $0.25 in the following year. The previous year’s increase will transcend into 2025 as RVN is projected to be sold at $0.29. The coin will further increase in 2026 and will be sold at $0.35. Finally, RVN is projected to reach its all-time high in 2028 at $0.42.

Here is another very interesting Ravencoin Price Prediction.

FAQ

Will Ravencoin value hit $1?

RVN may hit $0.2 in 2021; however, it may take a couple of years more to reach its trading target of $1.

Will RVN crash shortly?

The price after each rally has dipped a little and consolidated for a while. However, this cannot be considered a crash, yet the crypto space is highly unpredictable, and an upcoming crash cannot be predicted.

Is RVN a good investment?

Ravencoin coin market cap has just crossed the $1 billion mark, and the price is yet to hit $0.2. Therefore, one can consider RVN to hold for a decent period to enjoy gains.

What are the prospects of RVN?

As the project aims to provide an uninterrupted and hazel-free trading platform, many upgrades may be fast approaching that can eventually aid the price rally. Hence the future appears to be flourishing.

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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