What will Ravencoin be worth?

Ravencoin price predictions: 2022 -2030 Wallet Investor made a RVN prediction that the price will hit $0.1 in a year’s time. Its expectations were that the price woud then climb to $0.33 in five years. Digital Coin was also bullish in its RVN price prediction, expecting it to hit $0.068 in 2022 and $0.16 in 2028 .

Generating new coins through mining ensures that the coins are being issued at a predictable rate. In order to control the rate of monetary inflation (or rather deflation), Ravencoin has in its code that every 2,100,000 blocks (approximately every 4 years) the amount of coins being generated is cut in half.

Is Ravencoin A Good Investment In 2021? Not at the moment . Things are looking too bleak for Ravencoin, and a breakout of the downtrend line is needed before it is recommended to invest. It could happen in 2022, and it could happen in 2025, or as far out as 2030.

On January 11, 2022 , ravencoin undergoes its first-ever halving event. This marks a big point in the history of the ravencoin network.

Ravencoin price analysis suggests the RVN will hit $0.092 mark within a year’s time and further rise to $0.12 in 2023 . The RVN projection for the future anticipates a bull run reaching a higher price level of $0.147 by 2024, and the minimum price drop is estimated to hit $0.138 low by the year-end.

Ravencoin halving The current Ravencoin block reward is 5,000 RVN. After the halving in January 2022, the block reward will be halved from 5,000 RVN to 2,500 RVN .10 Oca 2022

“It’s a perfect time for Ravencoin code to tighten the mining rewards – half of all Ravencoin ever to be created are now in circulation. “The halving reduces new Ravencoin by 3.6 million per day or about 1.3 billion a year – a huge reduction in new Ravencoin which should over time increase the price of Ravencoin.”10 Oca 2022