What Is Ravencoin (RVN)?Ravencoin was launched on January 3, 2018, that too, on the 9th anniversary of the launch of Bitcoin. Ravencoin is based on the Proof of Work (PoW) consensus mechanism but the hashing algorithm is different from that of Bitcoin and it doesn’t allow ASIC mining. Actually, Ravencoin was created as an alternative to ERC20 transfer protocols or Bitcoin. Ravencoin had no ICO sale and was funded by Medici Ventures, that is owned by Overstock.
Market Prediction For Ravencoin By ExpertsAs Ravencoin was created as an alternative to Bitcoin and is built on the fork of the Bitcoin code, there are widespread Ravencoin price speculations revolving around its potential. Let us check the predictions given by the crypto prediction sites:
#1 Crypto Info BaseCrypto Info base believes that Ravencoin might perform really well in the upcoming months and they forecasted that by winter 2019, Ravncoin might reach $0.07.
#2 Wallet Investor
Wallet Investor is one of the prediction websites which believe that Ravencoin might go down to $0.0128. Wallet Investor has always been a little bit of conservative on their prediction part.
#3 Coin PredictorRavencoin projections by Coin Predictor predicts that Ravencoin might reach $0.007471 by this quarter, which also states that Ravencoin might go down slightly in the coming months, after which it might go up in the latter part of the year.
#4 Crypto GroundCrypto Ground has given a detailed analysis of Ravencoin and has predicted that in 6 months, RVN might reach $0.0308 and in a year, Ravencoin can jump to $0.0353. In 5 years time frame, Ravencoin might reach $0.0803 as per Crypto Ground.
Read here in detail:
https://coinswitch.co/news/raven-price-prediction-2019-raven-price-may-touch-0-02797-usd-in-2019-ravencoin-news
