Convert Raven Protocol RAVEN to United States Dollar USD
1 RAVEN converts to $0.00005402 USD as of June 25 at 9:34 AM
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About Raven Protocol
Raven Protocol is falling this week. The current price of Raven Protocol is $0.00005402 per RAVEN. With a circulating supply of 4,436,646,536.733 RAVEN, it means that Raven Protocol has a total market cap of $236,570.52. The amount of Raven Protocol traded has risen by $1,283.03 in the last 24 hours, which is a 1,704.80% increase. Additionally, in the last day, $75.26 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is decreasing. The current value of 1 RAVEN is $0.00005402 USD. In other words, to buy 5 Raven Protocol, it would cost you $0.00027012 USD. Inversely, $1.00 USD would allow you to trade for 18,510.24 RAVEN while $50.00 USD would convert to 925,512.00 RAVEN, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.97%. Meanwhile, in the last 24 hours, the rate has changed by 0.53%, which means that the highest exchange rate of 1 RAVEN to USD was $0.00005588 USD and the lowest 24 hour value was 1 RAVEN for $0.00005288 USD. Last month, 1 RAVEN was worth $0.00005383 USD. Today, it's up 0.36%. Looking back a year, Raven Protocol has changed by $0.0000895 USD. That means that in a single year, the value of Raven Protocol has shrank by 39.64%.
Raven Protocol Market Stats
Raven Protocol's specific use case is to perform AI training where speed is the key. We're taking a 1M image dataset that takes 2-3 weeks to train on AWS down to 2-3 hours on Raven. AI companies will be able to train models better and faster. Raven Protocol is creating a self-sustaining and dynamic ecosystem for: Customers who want to train their AI engines; and/or Contributors who would like to share their compute resources in the form of Computers, Smartphones, or even a server rack. Raven Tokens (RAVEN) will work as the common ground to facilitate a secure transaction that will take place inside our ecosystem. Enterprise clients who want to rent compute power will do so with RAVEN and contributors of the compute power will be rewarded in RAVEN. Raven is creating a network of compute nodes that utilize idle compute power for the purposes of AI training where speed is the key. A native token is the key to bootstrapping a nascent network. We want to incentivize and reward people all over the world to contribute their compute power to our network. Additionally, we will reward token holders for running masternodes which will be responsible for orchestrating the training of various deep neural networks. Our consensus mechanism is something we call Proof-of-Calculation. Proof-of-Calculation will be the primary guideline for the regulation and distribution of incentives to the compute nodes in the network. Following are the two prime deciders for the incentive distribution: Speed: Depending upon how fast a node can perform gradient calculations (in a neural network) and return it back to the Gradient Collector. Redundancy: The 3 fastest redundant calculation will only qualify for receiving the incentive. This will make sure that the gradients that are getting returned are genuine and of the highest quality.
Conversion tables
RAVEN to USD values from Today at 9:34 am
0.5 RAVEN = $0.00002701 USD |
1 RAVEN = $0.00005402 USD |
5 RAVEN = $0.0002701 USD |
10 RAVEN = $0.0005402 USD |
50 RAVEN = $0.002701 USD |
100 RAVEN = $0.005402 USD |
500 RAVEN = $0.02701 USD |
1,000 RAVEN = $0.05402 USD |
USD to RAVEN values from Today at
$0.50 USD = 9,255.12 RAVEN |
$1.00 USD = 18,510.24 RAVEN |
$5.00 USD = 92,551.20 RAVEN |
$10.00 USD = 185,102.40 RAVEN |
$50.00 USD = 925,512.00 RAVEN |
$100.00 USD = 1,851,023.99 RAVEN |
$500.00 USD = 9,255,119.96 RAVEN |
$1,000.00 USD = 18,510,239.93 RAVEN |
RAVEN to USD over time
RAVEN | Today | 24H -0.50% | 1M 0.36% | 1Y -65.67% |
|---|---|---|---|---|
0.5 RAVEN | $0.00002701 USD | $0.00002715 USD | $0.00002692 USD | $0.00004475 USD |
1 RAVEN | $0.00005402 USD | $0.0000543 USD | $0.00005383 USD | $0.0000895 USD |
5 RAVEN | $0.0002701 USD | $0.0002715 USD | $0.0002692 USD | $0.0004475 USD |
10 RAVEN | $0.0005402 USD | $0.000543 USD | $0.0005383 USD | $0.000895 USD |
50 RAVEN | $0.002701 USD | $0.002715 USD | $0.002692 USD | $0.004475 USD |
100 RAVEN | $0.005402 USD | $0.00543 USD | $0.005383 USD | $0.00895 USD |
500 RAVEN | $0.02701 USD | $0.02715 USD | $0.02692 USD | $0.04475 USD |
1,000 RAVEN | $0.05402 USD | $0.0543 USD | $0.05383 USD | $0.0895 USD |
Frequently asked questions
Right now, 1 Raven Protocol is worth about $0.00005402.
Based on the current rate, you could get 18,510.24 RAVEN for 1 USD.
Raven Protocol price has been declining. Since yesterday, the exchange rate of Raven Protocol has decreased. Since last month, the exchange rate of Raven Protocol has increased. Since this time last year, the price of Raven Protocol has decreased.
You can use our RAVEN to USD calculator at the top of this page to convert any amount of RAVEN to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 92,551.20 RAVEN. Inversely, 5 RAVEN will cost about $0.0002701
Raven Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Raven Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Raven Protocol, including TERA, Honest, and DOS Network. For a more robust list of assets to explore, jump to the asset page dedicated to Raven Protocol.
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