Raiden Network Token (RDN) Trading 14.1% Lower Over Last 7 Days

Raiden Network Token (CURRENCY:RDN) traded down 5.9% against the US dollar during the 1-day period ending at 23:00 PM E.T. on June 10th. Raiden Network Token has a market capitalization of $21.73 million and approximately $832,282.00 worth of Raiden Network Token was traded on exchanges in the last day. One Raiden Network Token coin can now be bought for about $0.43 or 0.00001162 BTC on cryptocurrency exchanges. Over the last week, Raiden Network Token has traded 14.1% lower against the US dollar.

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

  • OMG Network (OMG) traded 8.3% lower against the dollar and now trades at $5.03 or 0.00013714 BTC.
  • Thunder Token (TT) traded up 4.7% against the dollar and now trades at $0.0101 or 0.00000027 BTC.
  • Mithril (MITH) traded down 7.5% against the dollar and now trades at $0.0619 or 0.00000169 BTC.
  • Harvest Finance (FARM) traded down 5.4% against the dollar and now trades at $60.04 or 0.00163756 BTC.
  • ROOBEE (ROOBEE) traded down 4.6% against the dollar and now trades at $0.0056 or 0.00000015 BTC.
  • The Force Protocol (FOR) traded 0.6% lower against the dollar and now trades at $0.0238 or 0.00000126 BTC.
  • Digital Reserve Currency (DRC) traded down 18.2% against the dollar and now trades at $0.0044 or 0.00000012 BTC.
  • Dracula Token (DRC) traded down 7.9% against the dollar and now trades at $0.29 or 0.00000786 BTC.
  • ContentBox (BOX) traded 15.3% lower against the dollar and now trades at $0.0019 or 0.00000005 BTC.
  • BOX Token (BOX) traded down 2.9% against the dollar and now trades at $0.0279 or 0.00000076 BTC.

Raiden Network Token Coin Profile

RDN is a proof-of-stake (PoS) coin that uses the ETH Token hashing algorithm. It was first traded on March 8th, 2015. Raiden Network Token’s total supply is 100,000,000 coins and its circulating supply is 51,030,156 coins. Raiden Network Token’s official message board is www.medium.com/@raiden_network. The Reddit community for Raiden Network Token is /r/raidennetwork and the currency’s Github account can be viewed here. Raiden Network Token’s official Twitter account is @raiden_network. Raiden Network Token’s official website 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 possible to buy alternative cryptocurrencies such as Raiden Network Token directly using US dollars. Investors seeking to acquire Raiden Network Token should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Raiden Network Token using one of the aforementioned exchanges.

Receive News & Updates for Raiden Network Token Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Raiden Network Token and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.