June 5, 2025 – The price of a cryptocurrency called Ravencoin (RVN) has risen by 90% in the last 24 hours. This increase happened when it was listed on South Korea’s major crypto exchange Upbit. According to data on Coingecko,The price of RVN is now around $0.0216. On the other hand, the price of Bitcoin has fallen below $104,000.
Trading of RVN and Korean Won (KRW) started on Upbit on June 5. After this, people started buying Ravencoin in large numbers. On social media, especially on X (formerly Twitter), people are talking about its boom. Some people reported that its price increased by 100%. Due to this listing, the popularity of Ravencoin has increased in South Korea.
The specialty of Ravencoin is that it is a blockchain like Bitcoin, but it uses a special technology KAWPOW, which can also be mined with a GPU computer. This blockchain is considered special for creating and transferring tokens (digital assets).
Due to the fall in the price of Bitcoin, some people are making profits and there are some economic reasons as well. But small coins like Ravencoin have not been affected much by this because its price has increased rapidly due to the listing on Upbit.
Crypto expert Jane Park said, “The listing on Upbit has made Ravencoin very popular. Its low price and different technology make it attractive to traders.” However, investors should be cautious because the crypto market is very volatile. Right now the price of Ravencoin has increased rapidly, but it may also fall in the future. At the same time, the decline in bitcoin may be for a short time, as its future is still considered strong.
At present, Ravencoin is trending on social media and people are keeping an eye on its movement. If you want to invest in it, then please first get well informed and check the latest data.
Note: Investing in cryptocurrency can be risky. Invest wisely and with the right information.
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