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Convert Raven Protocol RAVEN to United States Dollar USD

RAVEN to USD: 1 Raven Protocol converts to $0.000074 USD as of July 18 at 5:48 AM

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About Raven Protocol

Raven Protocol is climbing this week. The current price of Raven Protocol is $0.000074 per RAVEN. With a circulating supply of 4,436,646,536.733 RAVEN, it means that Raven Protocol has a total market cap of $324,835.79. The amount of Raven Protocol traded has fallen by -$224.12 in the last 24 hours, which is a 59.17% decrease. Additionally, in the last day, $378.77 worth of RAVEN has been traded.

The exchange rate of Raven Protocol is increasing. The current value of 1 RAVEN is $0.000074 USD. In other words, to buy 5 Raven Protocol, it would cost you $0.000370 USD. Inversely, $1.00 USD would allow you to trade for 13,506.18 RAVEN while $50.00 USD would convert to 675,309.25 RAVEN, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 2.26%. Meanwhile, in the last 24 hours, the rate has changed by 8.37%, which means that the highest exchange rate of 1 RAVEN to USD was $0.000076 USD and the lowest 24 hour value was 1 RAVEN for $0.000068 USD. Last month, 1 RAVEN was worth $0.000099 USD. Today, it's down 25.28%. Looking back a year, Raven Protocol has changed by $0.000703 USD. That means that in a single year, the value of Raven Protocol has shrank by 89.47%.

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.

$0.000074Current price
$324.84KMarket cap
$378.77Volume (24h)
4.4B RAVENCir. Supply

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Conversion tables

RAVEN to USD values from Today at 5:48 am

0.5 RAVEN = $0.000037 USD
1 RAVEN = $0.000074 USD
5 RAVEN = $0.000370 USD
10 RAVEN = $0.000740 USD
50 RAVEN = $0.0037 USD
100 RAVEN = $0.0074 USD
500 RAVEN = $0.0370 USD
1,000 RAVEN = $0.0740 USD

USD to RAVEN values from Today at 5:49 am

$0.50 USD = 6,753.09 RAVEN
$1.00 USD = 13,506.18 RAVEN
$5.00 USD = 67,530.92 RAVEN
$10.00 USD = 135,061.85 RAVEN
$50.00 USD = 675,309.25 RAVEN
$100.00 USD = 1,350,618.49 RAVEN
$500.00 USD = 6,753,092.46 RAVEN
$1,000.00 USD = 13,506,184.93 RAVEN

RAVEN to USD over time

RAVEN
Today
24H
7.72%
1M
-33.83%
1Y
-849.61%
0.5 RAVEN
$0.000037 USD
$0.000034 USD
$0.000050 USD
$0.000352 USD
1 RAVEN
$0.000074 USD
$0.000068 USD
$0.000099 USD
$0.000703 USD
5 RAVEN
$0.000370 USD
$0.000342 USD
$0.000495 USD
$0.0035 USD
10 RAVEN
$0.000740 USD
$0.000683 USD
$0.000991 USD
$0.0070 USD
50 RAVEN
$0.0037 USD
$0.0034 USD
$0.0050 USD
$0.0352 USD
100 RAVEN
$0.0074 USD
$0.0068 USD
$0.0099 USD
$0.0703 USD
500 RAVEN
$0.0370 USD
$0.0342 USD
$0.0495 USD
$0.35 USD
1,000 RAVEN
$0.0740 USD
$0.0683 USD
$0.0991 USD
$0.70 USD

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