Ravencoin price prediction 2025-2030

In this article, we will scrutinize the features of Ravencoin cryptocurrency as well as take apart its latest news and price forecasts for 2025-2030.

Ravencoin (RVN) is an innovative open source decentralised platform for fast and secure asset transfers that uses peer-to-peer technology. This altcoin was launched in October 2017 (on Bitcoin’s 9th anniversary) and released in January 2018 with almost no PR and marketing campaigns. In a very short period of time, this cryptocurrency was added on two prestigious decentralized exchanges and successfully entered the cryptocurrency sector.

Ravencoin has a high credibility and constantly increasing market volumes. The project has numerous high-performance characteristics, such as improved conformity, shared voting rights, messaging and a special digital wallet designed specifically for this promising cryptocurrency. It is a hardfork of BTC. Thus, it can be found on several well-recognized cryptocurrency platforms, such as Poloniex, Bittrex, and many others. The project puts a special emphasis on transfer of assets based on the top 2 largest cryptocurrencies by market capitalisation – Bitcoin and Ethereum – and uses KawPoW algorithm as well as X16R protocol. 

Ravencoin key characteristics

Ravencoin is a new blockchain-based platform that allows users to tokenize existing structures, as well as create new exciting projects. Taking into account that all financial operations within the Ravencoin service are transparent and public, users of this network can also easily transfer RVN tokens to one another. The Ravencoin team puts a great emphasis on privacy, user safety and resistance to economic censorship. The other essential aspects of this promising digital token are also satisfying:

• block formation takes less than 60 seconds, which significantly speeds up the processing of data and transactions;
• mining reward is 5,000 RVN; 
• market cap is nearly $ 93,038,742;
• mining algorithm: x16r.

All assets are integrated with the GUI wallet, where they are easily managed. The wallet also issues new coins and displays the current balance. In a couple of years, the development of Ravencoin will be aimed at optimization and technical refinement, as well as popularization of the platform. The lack of well-designed PR campaign did not prevent information from systematically appearing in the vastness of specialized sites, which ensured the surge in the number of users and constantly increased the rate of Ravencoin on the exchange.

Since 2018, thousands of miners have decided to join the RVN mining because of strong community support and a huge potential for growth. Ravencoin has an active development team which is constantly trying to improve this altcoin and its technical characteristics. SImilar to Ethereum, Ravencoin is way more than just a virtual currency. It is a revolutionary peer-to-peer service with a primary goal to simplify various operations related to assets. Ravencoin is solely built on the Bitcoin code, with the exception of an additional PoW mechanism also called X16R to eliminate the risk of ASICs being developed for mining. 

Ravencoin wallet setup 

Keeping RVN coins is no different from storing Bitcoins and requires installing a specialised digital wallet. You can read about all the available wallet options for various operating systems on the main Ravencoin website. However, the most widespread is the Ravencoin storage (PC or mobile), which requires to complete several steps:

• Download the required version and complete the installation.
• Wait for the system to sync.

After initialization, it is recommended to encrypt the wallet with the help of a password and mnemonic phrase and set a backup. Moreover, the app allows users to easily create several wallets simultaneously, using a separate password for each of them. It is also possible to print a paper wallet if you are more interested in cold storage options. However, users are often discouraged from storing it in PDF format to prevent file theft (which is much easier to do than theft of paper). To replenish the wallet, the sender of the money will be asked to provide the public address. In this case, before replenishing an offline wallet with a big number of RVN coins, a small transaction of several coins should be carried out in order to be able to make sure that the balance is replenished.

Ravencoin has a digital wallet that functions in a similar way as a standard Bitcoin wallet. You can also get an offline wallet, but we recommend you to find and install the Raven QT wallet. Raven-Qt option can be effortlessly integrated with cenos7, fedora27, in addition to other globally accepted OS. Thus, it is not challenging to choose the right RVN wallet for your coins and install it to your device.

Ravencoin value explained 

Ravencoin was initially listed on crypto platforms in early 2018. The original price of this digital token was nearly $ 0.3, initial market capitalization – close to $ 0. Very soon, the price level rose to $ 0.6 and $ 40 million, accordingly. Considering that the core team did not spend enough time designing a PR and communications network, and RVN was listed just on a couple of platforms, the surge was very impressive. Many crypto experts claim that the growth was triggered by the active participation of the RVN miners community, who were attracted to the idea of getting a decent RVN benefit for mining.

A serious correction has begun after the impressive RVN bull run. In April 2018, the token indicators fell by half. In May, the digital coin succeeded to shortly go back to its previous positions, prolonged stagnation began in the following summer. Users and followers have simply lost motivation and trust in the platform and the market volume of this virtual currency dropped significantly and did not climb above $ 0.1 – 0.2 cents.

The year 2019 was quite successful for the RVN team and its followers. In early spring, the altcoin was traded for almost $ 0.2 cents. The market volume and price has grown from $ 80 million to $ 210 million in a few months, and this virtual currency took the 32nd place in the CoinMarketCap list. 

The uptrend Ravencoin dynamics is often explained by the proliferation of the RVN token into everyday life. This promising coin is utilized by 15 sites from various fields – from banking and innovative systems to architecture and the e-commerce industry. The platform is generously sponsored by numerous investors and angels, and altcoin is actively reinforcing its reputation in the market.

Ravencoin price history  

Ravencoin cryptocurrency started appearing on cryptocurrency exchanges in March 2018. Since its existence, the price of the cryptocurrency has changed in a wide range:

• At the end of March, the RVN value did not exceed $0.024.
• Almost immediately RVN fee instant rise began and within a week, the rate tripled and reached $0.068. 
• The tokens did not stay at this point for long, after which the coin was in a bearish trend and rolled back to 4 cents.
• From May to July of the same year, the cryptocurrency fell, dropping to 1.5 cents per coin. Then, for several months, there were ups and downs.
• The next notable rise came in October 2018. RVN jumped from $0.015 to $0.06.
• There was a correction in a month, in November, but it dragged on as Bitcoin and altcoins fell in price.
• The RVN token hit a high of $0.073 in June 2019 but retreated back to previous bearish market lows in 2020. 
• In early 2021, Ravencoin, along with the rest of the cryptocurrency market, rose to a new all-time high of 29 cents. 
• The price then declined by more than 80% of its established range and by December 2021, RVN reached a low of $0.06700.
• At the moment of writing this article, the currency fee equals $0.03087. 

Below we present the Ravencoin cryptocurrency forecasts for 2023-2030 from the leading algorithmic forecasting services. 

Ravencoin forecast and prospects in 2023

First, CaptainAltCoin has a rather downbeat Raven coin price prediction suggesting the coin value may fall down to $0.027 by September 2023. Meanwhile, TradingBeasts see Ravencoin as a potentially profitable coin hitting $0.0431908 the same September 2023. WalletInvestor`s Ravencoin prediction is similar to DigitalCoinPrice‘s forecast that RVN price will slightly grow up within the next year to $0.036-$0.038. Cryptopolitan`s RVN price prediction is bullish foreseeing that RVN may touch the utmost point of $0.077 in the upcoming year. 

Ravencoin Price Prediction 2024  

Cryptopolitan`s Ravencoin prediction for 2024 is very much optimistic demonstrating RVN maximal high at $0.11 by the end of the year. TradingBeasts believes in the coin’s potential and says that RVN will be traded at $0.0519411 in 2024. PricePrediction says the crypto might hit $0.084 in 2024, thus, the influx of new investors will be not long in coming. 

Ravencoin Price Prediction 2025  

PricePrediction As stated by DigitalCoinPrice Ravencoin will cost $0.051 in three years. With regards to the previous estimation Cryptopolitan and double the numbers in their Ravencoin forecasts showing the highest possible RVN value of $0.12-$0.16 by the end of 2025. TradingBeasts‘ RVN price prediction closes the year at a potential $0.0645518. CaptainAltCoin estimation model sees RVN reaching $ 0.0496 in 2025.

Ravencoin Price Prediction 2026  

PricePrediction and Cryptopolitan are unanimous in their estimations suggesting that Ravencoin may potentially amount to around $0.20 in 2026.

Ravencoin Price Prediction 2027  

WalletInvestor predicts that RVN will be traded as high as $0.087. CaptainAltCoin price prediction for Ravencoin is twice less optimistic arguing that Ravencoin might cost $0.0413 in September 2027. Meanwhile, PricePrediction believes in the growth of RVN rate up to $0.25 in 2027.

Ravencoin Price Prediction 2028  

As per DigitalCoin‘s bullish outlook, the service expects the price of the token to reach $0.16 in 2028. PricePrediction estimation on the possible Ravencoin price jumps to $0.37 in the year 2028.

Ravencoin Price Prediction 2029  

Cryptopolitan`s Ravencoin price prediction for 2029 shows an RVN minimum value of $0.65. PricePrediction thinks that RVN will stop at $0.53 that year.

Ravencoin Price Prediction 2030  

CaptainAltCoin says that by 2030, RVN numbers will be seen at the $0.1058 mark, and by 2040 they will be doubled to $0.2116. In the meantime, PricePrediction indicates that RVN will be potentially closing the decade at $0.73.   

The conclusion from Godex.io`s team  

It is important to note that Ravencoin experienced its first halving on January 11, 2022, when block number 2,100,000 was created. As a result of the halving, the block reward was reduced from 5,000 to 2,500 RVN, which probably reduced the future inflation of these tokens.

Halving events are generally considered bullish for cryptocurrencies. However, the extent of their impact on token prices depends on overall demand and the rate of adoption of the network by those seeking to tokenize securities outside of it, as well as many other factors.

FAQ 

What is the current price of RVN?  

The live Ravencoin price as of the date of writing this article is $0.031187. The current CoinMarketCap ranking is #89, with a live market cap of $367,038,566. 

Will RVN price grow?

For the first time in early 2022, RVN underwent a halving, and this, as in the case of BTC, will undoubtedly have a serious impact on the cryptocurrency. Experts agree that this digital currency will only rise in value over the next year, showing a strong bullish side. Much of this will depend on the state of the crypto industry, as well as the DeFi industry’s regulatory situation.

Will the RVN price fall?

The market quotes of many cryptocurrencies are made up of different factors. If you study the issue thoroughly, you can find several indicators that affect the quotation of an RVN coin:

• Recognition or prohibition of cryptocurrencies by national banks.
• News and information background.
• Competing projects with similar goals and ways to achieve them.
• The number of transactions conducted in a period.
• How big and active is the community?

We should not forget that Raven`s token is an alt of Bitcoin, and its rate is highly dependent on the fluctuations of the main cryptocurrency.  

How much will Ravencoin be worth in 5 years?  

To make such a long-term forecast, it is important to have the right basic analysis. Experts say that there is a high probability that the coin will continue to go up in price. RVN fee in 5 years could get down to $ 0.0437 as its minimum, and jump up to $ 0.2 as its maximal.

Does Ravencoin have a future?  

The potential of RVN cryptocurrency is beyond doubt. The creators of Ravencoin did not spend time and money on marketing and project promotion and did not conduct ICO. The coin immediately appeared on the market without prior mining. The peculiarity is evaluated positively because it shows the project team’s confidence in the coin’s development and promotion. Members of the network received a ready-made coin and availability for mining using graphics and central processors. The considered nuances are enough to talk about the future growth of the cryptocurrency value. 

The lack of a marketing plan has negative traits as well. In particular, the starting consumer base could have been larger, and today many users are not aware of the existence of cryptocurrency. 

Is Ravencoin worth buying?  

The halving mechanism, which operates in the Ravencoin network, gives certain guarantees that the token will be weakly exposed to inflation. Therefore, analysts see altcoin as a good tool for long-term investments.

Is RVN coin a good investment?  

Ravencoin is, just like all other cryptocurrencies, a risky investment. In general, the functioning of Ravencoin causes different feelings and a lot of divergent opinions among the experts. Like any starting project, it has a lot of assumptions about its future. The coin already has 2 large investors, which warms the opinion about its stability. 

It’s also said that there wasn’t a big advertising campaign. Well, what kind of advertising campaign do we talk about if the creators of the currency are the developers of Bitcoin? It seems that this fact alone is enough for the coin to carry some weight.

Many users liked the new purse, which is convenient and easy to use, being at the same time very reliable. The higher speed of funds transfer and information elevates this currency above Bitcoin. Along with the fast transactions, the high profitability of mining also plays an important role.

Most popular analysts attribute high growth to this currency in the long term. Especially interesting seems the idea of patents, which can find application in any sphere and area of our life.

Disclaimer: Please keep in mind that the content of this article is not financial or investing advice. The information provided is the author’s opinion only and should not be considered as direct recommendations for trading or investment. Any article reader or website visitor should consider multiple viewpoints and become familiar with all local regulations before cryptocurrency investment. We do not make any warranties about reliability and accuracy of this information.