Raiden Network Token (RDN) Reaches 1-Day Volume of $36,322.00

Raiden Network Token (RDN) traded 8.1% lower against the dollar during the twenty-four hour period ending at 8:00 AM ET on May 29th. Raiden Network Token has a market cap of $5.38 million and $36,322.00 worth of Raiden Network Token was traded on exchanges in the last 24 hours. One Raiden Network Token coin can currently be bought for approximately $0.0805 or 0.00000276 BTC on major cryptocurrency exchanges. During the last week, Raiden Network Token has traded 23.5% lower against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

  • OMG Network (OMG) traded 2.6% higher against the dollar and now trades at $2.44 or 0.00008358 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 2.2% against the dollar and now trades at $0.0060 or 0.00000021 BTC.
  • Harvest Finance (FARM) traded 1.8% higher against the dollar and now trades at $44.09 or 0.00150996 BTC.
  • Mithril (MITH) traded 4.8% higher against the dollar and now trades at $0.0166 or 0.00000057 BTC.
  • The Force Protocol (FOR) traded flat against the dollar and now trades at $0.0238 or 0.00000126 BTC.
  • ROOBEE (ROOBEE) traded up 1.8% against the dollar and now trades at $0.0019 or 0.00000007 BTC.
  • BOX Token (BOX) traded flat against the dollar and now trades at $0.0349 or 0.00000121 BTC.
  • Trillium (TT) traded 9.7% higher against the dollar and now trades at $0.0002 or 0.00000001 BTC.
  • ContentBox (BOX) traded up 1.2% against the dollar and now trades at $0.0010 or 0.00000003 BTC.

Raiden Network Token Coin Profile

Raiden Network Token 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 66,793,931 coins. 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 website is raiden.network. Raiden Network Token’s official message board is www.medium.com/@raiden_network. Raiden Network Token’s official Twitter account 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 presently possible to purchase alternative cryptocurrencies such as Raiden Network Token directly using US dollars. Investors seeking to trade Raiden Network Token should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Raiden Network Token using one of the aforementioned exchanges.

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