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Raiden Network Token Price, News and Analysis (RDN)

Raiden Network Token logo
$0.7491
-0.0942 (-12.58%)
(As of 05/13/2021 06:33 AM ET)
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1-Hour Price Change -0.20%
1-Day Price Change -12.58%
7-Day Price Change -27.60%
1-Day Volume$2.48 million
Market Cap$38.20 million
BTC Price0.00001517 BTC
Circulating Supply50.99 million
Total Supply100.00 million
Maximum SupplyN/A

About Raiden Network Token (RDN)

Currency Details

Name Raiden Network Token
SymbolRDN
Market Capitalization$38.20 million
Coin or TokenCoin
AlgorithmETH Token
Proof TypePoS
Genesis Date3/8/2015
Mineable?No

Official Links

Official Websiteraiden.network
Official Website (Alt)N/A
BitcoinTalk AnnouncementN/A
Twitter Account@raiden_network
Facebook PageN/A
Github AccountView

Community Discussion

Reddit Communityr/raidennetwork
Telegram GroupN/A
Discord GroupN/A
Message Board (Alt)N/A

Research Tools

Blockchain Exploreretherscan.io
Blockchain Explorer (Alt)ethplorer.io
CoinMarketCapView
CryptoCompareView
CoinGeckoView

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Raiden Network Token (RDN) Frequently Asked Questions

What is Raiden Network Token?

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. (Description provided by CryptoCompare)

How do I buy Raiden Network Token?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Raiden Network Token.

Where can I get Raiden Network Token wallet?

Raiden Network Token produces its own wallet software that is available for download on its website, which allows you to store Raiden Network Token on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Raiden Network Token?

One Raiden Network Token (RDN) is currently worth $0.75 on major cryptocurrency exchanges. You can also exchange one Raiden Network Token for 0.00001517 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Raiden Network Token in U.S. dollars is $38.20 million.

What hashing algorithm does Raiden Network Token use?

Raiden Network Token is a proof of stake (PoS) coin that uses the ETH Token algorithm.

How do I mine Raiden Network Token?

Raiden Network Token is a proof-of-stake (PoS) currency, which means that blocks on the Raiden Network Token blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by "staking" existing coins on the network or by running a master node.

What coins are similar to Raiden Network Token?

The following coins use Raiden Network Token's ETH Token algorithm and proof of stake (PoS) proof-type: OMG Network, Thunder Token, Harvest Finance, Mithril, ROOBEE, Digital Reserve Currency, The Force Protocol, Dracula Token, ContentBox, BOX Token, Bitcoin Confidential, Ubex, CrowdWiz, FidentiaX and ConnectJob.

What is the Reddit page for Raiden Network Token?

The official Reddit community (subreddit) for Raiden Network Token is r/raidennetwork.


MarketBeat Community Rating for Raiden Network Token (RDN)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  310 (Vote Outperform)
Underperform Votes:  361 (Vote Underperform)
Total Votes:  671
MarketBeat's community ratings are surveys of what our community members think about Raiden Network Token and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.

Chart

Raiden Network Token (RDN) Price Chart for Thursday, May, 13, 2021

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Google Trends

Raiden Network Token (RDN) Search Trends

There is a correlation between price appreciation and public interest in cryptocurrencies, such as Raiden Network Token. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Raiden Network Token Coin" over the last 90 days.



Raiden Network Token (RDN) Website Traffic

Raiden Network Token (RDN) Social Media Trends

Headlines

Raiden Network Token (RDN) News Headlines

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Social Media Mentions

Raiden Network Token (RDN) Reddit Feed


This page was last updated on 5/13/2021 by MarketBeat.com Staff
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