Revain Price Shoots Up Over 95% in a Week

Revain Price Shoots Up Over 95% in a Week

Many investors want to learn about Revain since analysts believe it is more established than SafeMoon, Shiba, Dogecoin, and other cryptocurrencies. Revain or R token was launched in 2017 as a token based on Ethereum that connects with the Revain online company review site.

The company uses the Ethereum blockchain to record both system and business owner-approved evaluations. It also offers RVN tokens to Rewards Review authors but stays entirely on the Revain system. However, a user may trade RVN tokes for R tokens at a ratio of 1 to 10 inside the system.

In order to purchase Revain, a user has to visit the official website of Kucoin. On which sign up for an account is required. But before you start, you need to realize that Kucoin’s UI may be challenging, particularly for a start-up investor who is used to simple applications.

Over $1Billion in Market Capitalization

The price of Revain surged on Thursday as demand surged. The price of the REV token surged over 17 percent to $0.0157, its highest since May of this year. The coin has over $1 billion in market capitalization and is the world’s 89th largest cryptocurrency. It is somewhat below Nexo and a little above MDex.

The four-hour chart shows that the Revain price has risen in recent days. Today’s peak is more than 190 percent higher than July’s lowest REV. At the same time, the coin went above the weighted moving averages of 25 days and 50 days (WMA). In the past week, the price of Revain rose more than 95 percent.

The price of the Revain has established a break and re-test pattern. As such, the rising trend may be resumed in the short future. The live price for Revain today, according to CoinMarketCap, is $0.020888 USD, with a 24-hour trading volume of $4,364,779 USD.

A trader himself, Rossi has 7 years of experience trading in the forex market and the passion for writing has brought him to Newscrypto. He is the perfect combination of market knowledge and writing skills, making him one of the most sought-after writers on cryptocurrency.