Raven Protocol

RAVEN Price

What is Raven Protocol about?

Raven Protocol is creating a self-sustaining and dynamic ecosystem for customers who want to train their AI engines and contributors who share their compute resources. The ecosystem facilitates secure transactions using Raven Tokens (RAVEN), enabling enterprise clients to rent compute power and rewarding contributors for their resources.

What makes Raven Protocol unique?

Raven Protocol stands out by utilizing idle compute power for AI training, focusing on speed. It achieves this through its Proof-of-Calcitation consensus mechanism, which incentivizes nodes based on their calculation speed and redundancy, ensuring high-quality and genuine gradients for neural network training.

What can Raven Protocol be used for?

Raven Protocol can be used to train AI models faster and more efficiently. It allows customers to rent compute power for AI training and rewards contributors for sharing their resources, such as computers, smartphones, or server racks, through the Raven Token (RAVEN).

Where can you buy Raven Protocol?

RAVEN tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Raven Protocol is PancakeSwap (v2), where the most active trading pair RAVEN/WBNB has a trading volume of $98.10 in the last 24 hours.

What is the daily trading volume of Raven Protocol (RAVEN)?

The trading volume of Raven Protocol (RAVEN) is $95.76 in the last 24 hours, representing a 851.70% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Raven Protocol (RAVEN)?

Raven Protocol (RAVEN) reached an all-time high of $0.004548 and an all-time low of $0.0₉6627. It’s now trading -98.90% below that peak and 7,553,307.80% above its lowest price.

What is the market cap of Raven Protocol (RAVEN)?

Market capitalization of Raven Protocol (RAVEN) is $500,463 and is ranked #3825 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of RAVEN tokens (10 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Raven Protocol (RAVEN)?

The fully diluted valuation (FDV) of Raven Protocol (RAVEN) is $500,463. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion RAVEN tokens are in circulation today. Depending on how the emission schedule of RAVEN tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Raven Protocol compare against its peers?

With a price decline of -6.30% in the last 7 days, Raven Protocol (RAVEN) is underperforming the global cryptocurrency market which is up 4.20%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are up 4.00%.