Raiden Network Token Market Cap Hits $5.12 Million (RDN)

Raiden Network Token (RDN) traded 5.3% lower against the U.S. dollar during the 1 day period ending at 22:00 PM ET on June 23rd. Over the last seven days, Raiden Network Token has traded 28.7% higher against the U.S. dollar. Raiden Network Token has a market capitalization of $5.12 million and $36,712.00 worth of Raiden Network Token was traded on exchanges in the last day. One Raiden Network Token coin can currently be bought for approximately $0.0766 or 0.00000363 BTC on exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

  • TDEX Token (TT) traded 0.9% lower against the dollar and now trades at $2.24 or 0.00010604 BTC.
  • OMG Network (OMG) traded 4.4% higher against the dollar and now trades at $1.95 or 0.00009240 BTC.
  • Thunder Token (TT) traded down 4.4% against the dollar and now trades at $0.0079 or 0.00000018 BTC.
  • ThunderCore (TT) traded up 0.1% against the dollar and now trades at $0.0052 or 0.00000025 BTC.
  • Harvest Finance (FARM) traded up 4.9% against the dollar and now trades at $35.36 or 0.00167524 BTC.
  • Mithril (MITH) traded 8.6% higher against the dollar and now trades at $0.0155 or 0.00000073 BTC.
  • The Force Protocol (FOR) traded flat against the dollar and now trades at $0.0238 or 0.00000126 BTC.
  • BOX (BOX) traded up 6.8% against the dollar and now trades at $0.0731 or 0.00000244 BTC.
  • ROOBEE (ROOBEE) traded up 0.6% against the dollar and now trades at $0.0012 or 0.00000006 BTC.
  • BOX Token (BOX) traded flat against the dollar and now trades at $0.0349 or 0.00000121 BTC.

Raiden Network Token Profile

Raiden Network Token (RDN) is a proof-of-stake (PoS) coin that uses the ETH Token hashing algorithm. Its launch date was March 8th, 2015. Raiden Network Token’s total supply is 100,000,000 coins and its circulating supply is 66,793,931 coins. The official message board for Raiden Network Token is www.medium.com/@raiden_network. Raiden Network Token’s official Twitter account is @raiden_network. The Reddit community for Raiden Network Token is /r/raidennetwork and the currency’s Github account can be viewed here. The official website for Raiden Network Token is raiden.network.

According to CryptoCompare, “The Raiden Network is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments. It’s complementary to the Ethereum blockchain and works with any ERC20 compatible token. The Raiden project is work in progress. Its goal is to research state channel technology, define protocols and develop reference implementations. The Raiden Network is an infrastructure layer on top of the Ethereum blockchain. While the basic idea is simple, the underlying protocol is quite complex and the implementation non-trivial. Nonetheless the technicalities can be abstracted away, such that developers can interface with a rather simple API to build scalable decentralized applications based on the Raiden Network. “

Raiden Network Token Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Raiden Network Token directly using US dollars. Investors seeking to acquire Raiden Network Token should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Raiden Network Token using one of the aforementioned exchanges.

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