Ravencoin reaches a new all time high, up 28% in 24 hrs; 440% in 30 days!

28 Mar, 2019 | Updated: 28 Mar, 2019
by Will Heasman
Price Action
Ravencoin reaches a new all time high, up 28% in 24 hrs; 440% in 30 days!

it's been speculated that alt season has quietly arrived, right under all of our noses. Left right and center, altcoins are gaining tremendously and Bitcoin? Still struggling over a psychological barrier. For some altcoins though, altseason is undeniably in, Ravencoin is one of them, with sustained gains of over 500% in the past 30 days alone and today citing a brand new all-time high…

 The nascent altcoin has made waves since its creation in January 2018, launching modestly without an ICO and promising to build an open-source tokenization and asset transfer protocol.

In the past 24 hours, Ravencoin (RVN) has added another 28%, bringing its current price to 0.065.

last night the RVN managed to bust a USD all-time high (ATH) going from $0.049 to $0.068 within a day.

This smashes the previous ATH Back on the 22nd of October 2018 in which RVN cited a price of $0.0656

There aren’t too many altcoins right now that can say that they've broken both a Bitcoin ATH and a USD ATH in the same month…

RVN managed to gain these bragging rights after a major 440% gain in exactly one month.

Speculation about the sneaky rise of RVN is rife on crypto twitter, and aside from speculation it appears there’s no solid answers:

One believed it could be new money ignorantly jumping onto the first coin that pumps:

However, it could simply be due to good old fashioned building and development…

Over its short lifespan, Ravnecoin has garnered support from over 15 companies, with some using RVN to tokenize real world assets, oneblockchain  nonprofit using it to it for voting and participation , another firm using it to build a decentralized web and the notable venture capital, Medici Ventures completing a $3.6 million security token transfer using RVN alone.

However, for others this is simply a sign of things to come:

So, will this rally keep going? Or will it end in misery? Let us know your thoughts in the comments!

Read more: What's going on with Ravencoin? up 23% in 24hrs; 400% in the past 30 daysRavencoin (RVN) pumps 32% in 24 hours, sees ATH market cap

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