Revain (REV) Surges Over 124% Within A Week

Revain (REV) Surges Over 124% Within A Week
  • Revain (REV) has surged over 124% within 7 days.
  • This is the first blockchain-based review platform.
  • Revain conducted “The TON Crystal Wallet Review” competition.

The recent trend of the crypto industry has uplifted many altcoins in the industry and the market witnesses new altcoins every week. Significantly, there are enormous platforms which use blockchain-technology for security and faster access. On the other-hand, most of these platforms create their own native-token which results in a rise in the number of cryptocurrencies.

Along with cryptocurrencies, NFTs and DeFi have also surged in value and have captured its place. Some crypto-assets have experienced rise and some experienced downtrend, still the crypto industry attracts investors. Similarly, Revain surged over 124% within a week following its voting competition.

Revain is a review platform that uses blockchain technology to curate and reward user feedback on products and services. Revain, like other review platforms such as Yelp and Trip Advisor, encourages independent authors to write reviews and assign ratings to them.

Current Market Status

At the time of writing, the trading price of REV is $0.221 with a trading volume of $3,027,067 in the last 24-hours. According to Coingecko, the price value has climbed over 124% in a week and 23.87% up in a day. 

Trading Chart of Revain

The chart depicts a bullish signal for the past week. With the 30-days statistics, the price chart shows over 263% surge and 14-day chart displays 112% rise. The current circulating supply of REV coins is 85,061,485,690. It can be traded in top exchanges like HitBTC, KuCoin, BitMart, IndoEx, and BHEX.

Review Competition

The Revain platform has conducted a review competition which had its last day on August 30. Moreover, the competition was titled The TON Crystal Review Competition. Rewards for the competition was 1 RVN for the first 20 reviews. Significantly, the first 250 reviews and tweets will get $2 worth of TON Crystals each.

Considering the recent updates, the review competition from the platform might be the reason for price surge. However, the users are expecting more highs and the network is working on their developments. With on-going advancements, the price of REV may reach highs in the near future.

A devoted content specialist who is inquisitive on exploring crypto and blockchain technology. She is fond of providing innovative contents that tugged her to write for NewsCrypto.