The value of Ravencoin is up over 85% over the last seven days in the final run-up to the Ethereum merge, according to data from CoinGecko. The pump in price comes as cryptocurrency exchange FTX announced the listing of Ravencoin perpetual futures today.
Upcoming listing on FTX: Ravencoin $RVN perpetual futures!
Live on September 12, 2022 at 2pm (UTC)@Ravencoin
Listing details: https://t.co/V1vEm5r7fB pic.twitter.com/doruwygJPW
— FTX (@FTX_Official) September 11, 2022
Ravencoin activity had already increased recently as proof-of-work miners sought alternatives, as mining Ethereum will soon no longer be an option.
Ethereum miners looking to continue their operations after the Ethereum blockchain switches to a proof-of-stake algorithm can mine Ravencoin.
Launched in 2018, Ravencoin, like Bitcoin before it uses a proof-of-work consensus algorithm blockchain with a max supply of 21 billion coins. Like Ethereum, RVN tokens issued on Ravencoin can be used for various purposes, including...
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