In this guide, we will voice our own and market’s opinion on RVN future while discussing Ravencoin price forecast for Q4 2023 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Ravencoin.
Now, let’s head into it. Before we delve deep into the Ravencoin price prediction and answer questions if RVN is a good investment or not, why will RVN succeed or fail or why will Ravencoin price rise or drop, let’s quickly throw a glance at what is RVN and its to date history.
Our RVN price forecast suggests the token price will be around $0.0133 in the next 90 days.
👉 Ravencoin Price Prediction 2024
Our RVN price forecast suggests the token price will be around $0.0288 in 2024.
👉 Ravencoin Price Prediction 2025
We predict the Ravencoin price to hover around $0.0336 in 2025 based on our analysis.
👉 Ravencoin Price Prediction 2026
In 2026, we expect the Ravencoin price to be approximately $0.0429 according to our price prediction model.
👉 Ravencoin Price Prediction 2027
Our RVN prediction indicates the token price will be in the vicinity of $0.0530 in 2027.
👉 Ravencoin Price Prediction 2028
For 2028, we forecast the RVN price to be around $0.0630 given current trends.
👉 Ravencoin Price Prediction 2029
Looking ahead to 2029, we estimate the Ravencoin price will settle around $0.0731.
👉 Ravencoin Price Prediction 2030
Our RVN price prediction suggests a token price of about $0.0722 by 2030 based on projected growth.
What you'll learn 👉
Ravencoin Intro
Ravencoin, a fork of Bitcoin, is a relatively young token; it’s only since January 3, 2018 that it’s been hovering among the crypto currencies. But in the last months, the coin has attracted attention thanks to its price meteoric rise. The name is the fictitious one, is borrowed from the fictional world of Game of Thrones.
The official medium post for Ravencoin describes it as “a digital peer-to-peer network for the facilitation of asset transfers”.
It is essentially an open source fork of the Bitcoin code with faster block reward times and is aimed at censorship resistance, transparency and privacy.
Ravencoin was created from the Bitcoin codebase but utilizes the X16R mining algorithm. The ASIC-resistant coin utilizes 16 different mining algorithms which automatically further increases the security of the network.
Ravencoin blockchain is designed to serve specific purposes. On the one hand, it should help to determine ownership of assets in a flawless manner. On the other hand, Ravencoin, similar to Bitcoin, wants to make direct payments possible. As the open source project on the homepage emphasizes, it is completely decentralized: Neither master nodes nor especially nor ICO are behind the project.
Ravencoin (RVN) has all the properties of a good crypto project: no ICO, no founders holding majority of coins, it is a PoW project where anyone can mine it with their CPU thanks to the ASIC resistant design of the mining algorithm, it is backed by couple of reputable names of the crypto space like Bruce Fenton and Tron Black, it pays homage to Bitcoin and is very respectful of the work of the core developers from which it was forked which in turn secures them the help from couple of those Bitcoin developers etc.
Captainaltcoin’s RVN Price Prediction 2024
Following the landmark approvals of Bitcoin ETFs earlier this year, there has been a surge in interest from both retail and institutional investors. This could be a game-change for crypto. With the regulatory landscape beginning to stabilize and provide clearer guidelines, the cryptocurrency market is poised for a transformative finish of the year. At least this is what crypto traders hope for. Bitcoin ETF approvals were done in early January, setting a positive tone for the market. Now, attention is turning towards post-halving rallies, with the BTC halving and ETH ETFs now well behind us. Ripple was also fined to pay $125 million to SEC based on the most recent ruling decision. This is considered as another victory for XRP. Bitcoin has almost tripled in price since last summer, with the upcoming US elections expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin is trading around $60-63k now, after it hit a new ATH of $73k in March. Ethereum also had its own ETFs approved by SEC. The ETH price is currently around $2,400 and still has not broken its ATH from the 2021 bull run. Investors are hopeful this will happen soon. The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and historical post-halving rallies. Some of the hottest sectors so far this year were memes, RWA and AI projects.
Below is a tabular overview of how will RVN develop in the short-term (for the next 90 days), according to our prediction model:
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Ravencoin Price Prediction 2024
The cryptocurrency market has shown promising signs for gains in the first few months of 2024, with Bitcoin leading the charge. BTC has first seen an impressive gain, hit new ATH of around $73k in March, but then retraced to the current levels in the $60-63k range. Total market capitalization is currently at around $2.2 trillion (it was around $1 trillion in June last year). Despite having strong start of the year, the market then “survived” two crashes this summer, in July and August when BTC plunged to around $50k. It bounced off this area quickly though.
Bitcoin halving happened in April and historical data tells us the BTC price starts to rally 6-12 months after the halving, so we are still not there yet. Ethereum ETFs are now also a done deal, although we see constant outflows there on a daily basis.
However, the growing interest in various cryptocurrency sectors, such as meme coins, real-world asset (RWA) coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies. Coins such as RNDR, NOT, TON, WIF, or most recently SUI and POPCAT produced nice gains.
All in all, the whole crypto community is preparing for the next leg up in this bull run.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:
RVN Price Prediction 2025
Our prediction model sees RVN reaching $0.0336 in 2025.
What will RVN be worth in 5 years?
The price of RVN in 5 years could lie around $0.0311, according to CaptainAltcoin’s prediction model.
Ravencoin Price Prediction 2030 – 2040
What Ravencoin will be worth in 2030?
Our forecasting model sees Ravencoin reaching $0.0839 in 2030.
What Ravencoin will be worth in 2040?
Our forecasting model sees Ravencoin reaching $0.1678 in 2040.
Will Ravencoin replace / surpass / overtake Bitcoin?
No, Ravencoin will not replace or overtake BTC.
Can Ravencoin reach $10?
No, our prediction model sees no possibility for Ravencoin to reach $10 in the short or mid-term period.
Is Ravencoin worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, Ravencoin is worth buying.
Is Ravencoin a good investment?
Ravencoin is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will Ravencoin be worth?
For the short-term future, it could reach $0.0133. In the long-term (8-10 years), it could jump to $0.0839 or even higher.
Can Ravencoin reach $1?
Yes, it is possible that Ravencoin can reach $1 but only in the distant future, after 2030.
How high will Ravencoin go?
Our forecasting model sees Ravencoin price exploding and reaching $0.1678 in a distant future.
What is the short-term prediction for Ravencoin?
Ravencoin will reach $0.0133 in the next 90 days, which is a 39.4% change over the current price which hovers around $0.0219.
Can Ravencoin make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a Ravencoin millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Ravencoin could make you a millionaire.
Ravencoin Price Prediction Today - What will be the price of Ravencoin tomorrow?
Ravencoin will hover around $0.0233 tomorrow.
Can Ravencoin explode?
No, Ravencoin price will not explode and record 5-10x pumps; but grow more modestly with an increase of 7.3% in the next year.
What will be the price of Ravencoin in 10 years?
Ravencoin price in 10 years will hover between $0.0839 and $0.1678.
Ravencoin Price Prediction 2023 - What will Ravencoin be worth in 2023?
Ravencoin will reach $0.0244 in 2023, which is a 11.33% change over the current price.
Ravencoin Price Prediction 2024 - What will Ravencoin be worth in 2024?
Ravencoin will reach $0.0288 in 2024, which is a 31.43% change over the current price.
Ravencoin Price Prediction 2026 - What will Ravencoin be worth in 2026?
Ravencoin will reach $0.0429 in 2026, which is a 95.55% change over the current price.
Ravencoin Price Prediction 2027 - What will Ravencoin be worth in 2027?
Ravencoin will reach $0.0530 in 2027, which is a 141.45% change over the current price.
Ravencoin Price Prediction 2028 - What will Ravencoin be worth in 2028?
Ravencoin will reach $0.0630 in 2028, which is a 187.35% change over the current price.
Ravencoin Price Prediction 2029 - What will Ravencoin be worth in 2029?
Ravencoin will reach $0.0731 in 2029, which is a 233.25% change over the current price.
Ravencoin Price Prediction 2050 - What will Ravencoin be worth in 2050?
Ravencoin will reach $0.2562 in 2050, which is a 1067.77% change over the current price.
Ravencoin (RVN) Future Outlook
However, not all projects have the same chance of failing (risk), nor do they have the same potential upside (reward).
As a result of ICO teams’ incompetence and lack of integrity, fueled by basic human instinct that is greed and crypto investors’ naivety, over 95% of successful ICOs and cryptocurrency projects will fail and their investors will lose money. The other 5% of projects will become the new Apple, Google or Alibaba in the cryptoindustry. Will RVN be among those 5%?
Good probability of that happening.
Raven’s potential based on use case as a platform for assets in a market that is moving to a tokenized model which is anticipated to be a 10-40 trillion dollar market space is top 5-10 level. If it gets to that range, even with the rest of the market in doldrums, you are looking at dollars not cents. If Raven manages to capture a fraction of a percent of that market it is dollars not cents.
This is the killer app of blockchain, this will take time to develop, but if raven reaches anywhere near its potential this stage will hardly register in the all time charts.
Why will Ravencoin fail?
Certain reports indicate potential failure for Ravencoin, attributing it to several factors:
- Absence of Proactive Development and Leadership: Critics contend that for Ravencoin to thrive, it necessitates more vigorous development and decisive leadership.
- Pessimistic Sentiment and Outlook: Some analyses reveal a notably pessimistic sentiment and outlook for Ravencoin, posing concerns for its viability as a long-term investment.
- Unfavorable Price Forecasts: Several forecasts for Ravencoin’s price are bleak, with projections suggesting a value of $0.00211 by December 2023.
It’s crucial to acknowledge that these are merely a subset of reasons cited by individuals who are skeptical about Ravencoin’s success. Conversely, there exists a substantial number of proponents who are optimistic about its prospective achievements. The fate of Ravencoin is contingent on multiple elements, encompassing market dynamics, the rate of adoption, and the accomplishments of its development team.
Market Price Predictions
Here are five price predictions for Ravencoin by different experts:
- Changelly predicts that the trading average for Ravencoin in January 2024 will be $0.0166.
- CryptoNewsZ predicts that the price of Ravencoin can reach $0.0718 by 2025, rising 237% from the current price.
- PrimeXBT suggests that Ravencoin could rise or fall, according to technical analysis and expert price projections, but does not provide a specific price prediction.
- Capital.com predicts a one-year price forecast of $0.00211 by December 2023.
- DigitalCoinPrice predicts that Ravencoin is expected to cross a price level of $0.0793 in 2028.
Conclusion
We don’t yet know which crypocurrencies will make it out of the crypto winter we’re wandering in right now. There are plenty of coins that stand a good chance of weathering the crypto storm and perhaps becoming more relevant as the market contracts and devours some of the weaker projects. However, there are even more of those projects who are already dead but no one noticed yet.
But, looking at things from this point in time and place, it’s reasonable to say that Ravencoin had its five minutes of glory that was based solid fundamentals and broader market discovering the project. It is now time for RVN to step up and continue to deliver valuable and palpable successes to justify the very high expectations investors pinned onto it.
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