{"id":139,"date":"2025-06-05T18:13:06","date_gmt":"2025-06-05T18:13:06","guid":{"rendered":"https:\/\/bitcoscript.com\/article\/ravencoin-rockets-70-in-hours-is-this-just-the-beginning\/"},"modified":"2025-06-05T18:13:06","modified_gmt":"2025-06-05T18:13:06","slug":"ravencoin-rockets-70-in-hours-is-this-just-the-beginning","status":"publish","type":"post","link":"https:\/\/bitcoscript.com\/article\/ravencoin-rockets-70-in-hours-is-this-just-the-beginning\/","title":{"rendered":"Ravencoin Rockets 70% in Hours, Is This Just the Beginning?"},"content":{"rendered":"<p>Ravencoin     <a href=\"https:\/\/www.coinspeaker.com\/coins\/ravencoin\/\" class=\"coinlive\" target=\"_blank\"><br \/>\n        <span class=\"coinlive__badge\"><br \/>\n            <span class=\"coinlive__ticker\">RVN<\/span><br \/>\n            <span class=\"coinlive__price value-growth\">$0.0164<\/span><br \/>\n        <\/span><br \/>\n        <span class=\"coinlive__dropdown\"><br \/>\n\t\t\t            <span class=\"coinlive__row coinlive__vol24\"><br \/>\n                <span>24h volatility:<\/span><br \/>\n                <span class=\"value-growth\">48.6%<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Market cap:<\/span><br \/>\n                <span>$246.83 M<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__hr\"><\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Vol. 24h:<\/span><br \/>\n                <span>$545.60 M<\/span><br \/>\n            <\/span><br \/>\n        <\/span><br \/>\n    <\/a><br \/>\n\t, a blockchain purpose-built for asset creation and peer-to-peer transfer, jumped an eye-popping 63.57% just hours after its listing on Upbit exchange.<\/p>\n<p>At one point, RVN had rocketed by 94% within 24 hours, touching a local high of $0.02407, making it the top performer in a sea of red as Bitcoin     <a href=\"https:\/\/www.coinspeaker.com\/coins\/bitcoin\/\" class=\"coinlive\" target=\"_blank\"><br \/>\n        <span class=\"coinlive__badge\"><br \/>\n            <span class=\"coinlive__ticker\">BTC<\/span><br \/>\n            <span class=\"coinlive__price value-fall\">$103 271<\/span><br \/>\n        <\/span><br \/>\n        <span class=\"coinlive__dropdown\"><br \/>\n\t\t\t            <span class=\"coinlive__row coinlive__vol24\"><br \/>\n                <span>24h volatility:<\/span><br \/>\n                <span class=\"value-fall\">1.8%<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Market cap:<\/span><br \/>\n                <span>$2.05 T<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__hr\"><\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Vol. 24h:<\/span><br \/>\n                <span>$26.23 B<\/span><br \/>\n            <\/span><br \/>\n        <\/span><br \/>\n    <\/a><br \/>\n\t slid below $105,000 and the broader crypto market declined by 1.22%.<\/p>\n<h2>Upbit listing ignites rvn frenzy<\/h2>\n<p>Upbit, South Korea\u2019s largest crypto exchange by volume, announced Ravencoin&#8217;s listing with trading support beginning at 5 PM KST on Wednesday.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"474\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">This is the <a href=\"https:\/\/twitter.com\/Official_Upbit?ref_src=twsrc%5Etfw\" target=\"_blank\">@Official_Upbit<\/a> effect.<\/p>\n<p> <a href=\"https:\/\/twitter.com\/search?q=%24RVN&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$RVN<\/a> (<a href=\"https:\/\/twitter.com\/Ravencoin?ref_src=twsrc%5Etfw\" target=\"_blank\">@Ravencoin<\/a>) just got listed on the Korean exchange and it&#039;s up 85% on the announcement. <a href=\"https:\/\/t.co\/77lJyrs5ye\" target=\"_blank\">pic.twitter.com\/77lJyrs5ye<\/a><\/p>\n<p>&mdash; Satoshi Club (@esatoshiclub) <a href=\"https:\/\/twitter.com\/esatoshiclub\/status\/1930526134266990880?ref_src=twsrc%5Etfw\" target=\"_blank\">June 5, 2025<\/a><\/p>\n<\/blockquote>\n<p>The news immediately went viral across crypto-focused social media channels, particularly among Korean traders known for rapidly responding to new altcoin listings.<\/p>\n<p>Within hours of trading going live, Ravencoin saw parabolic price movement driven by a flood of liquidity and a wave of FOMO. At the time of writing, RVN is trading around $0.01669, still up over 60% on the day after a healthy correction from its 24-hour peak.<\/p>\n<p>If buying volume sustains and Korean traders continue to pile in, RVN could retest the local top of $0.024 and potentially break out towards $0.028\u2013$0.030. However, a drop back to the $0.012\u2013$0.014 range could materialize if momentum fades.<\/p>\n<p>It is important to note that Livepeer     <a href=\"https:\/\/www.coinspeaker.com\/coins\/livepeer\/\" class=\"coinlive\" target=\"_blank\"><br \/>\n        <span class=\"coinlive__badge\"><br \/>\n            <span class=\"coinlive__ticker\">LPT<\/span><br \/>\n            <span class=\"coinlive__price value-fall\">$8.34<\/span><br \/>\n        <\/span><br \/>\n        <span class=\"coinlive__dropdown\"><br \/>\n\t\t\t            <span class=\"coinlive__row coinlive__vol24\"><br \/>\n                <span>24h volatility:<\/span><br \/>\n                <span class=\"value-fall\">18.0%<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Market cap:<\/span><br \/>\n                <span>$344.80 M<\/span><br \/>\n            <\/span><br \/>\n            <span class=\"coinlive__hr\"><\/span><br \/>\n            <span class=\"coinlive__row\"><br \/>\n                <span>Vol. 24h:<\/span><br \/>\n                <span>$782.10 M<\/span><br \/>\n            <\/span><br \/>\n        <\/span><br \/>\n    <\/a><br \/>\n\t saw a four-month price high after its <a href=\"https:\/\/upbit.com\/service_center\/notice?id=5183\" target=\"_blank\">recent Upbit listing<\/a>. Ravencoin appears to be the next beneficiary of Korean trader optimism and speculative momentum.<\/p>\n<h2>South korea\u2019s new crypto-friendly president<\/h2>\n<p>Upbit has been able to list many altcoins recently, thanks to pro-crypto laws. With Lee Jae-myung as South Korea\u2019s new president, the situation is only about to get better.<\/p>\n<p>Lee is widely <a href=\"https:\/\/www.korea.kr\/news\/policyNewsView.do?newsId=148943971\" target=\"_blank\">regarded as crypto-friendly<\/a> and has laid out ambitious plans for the nation&#8217;s digital asset ecosystem.<\/p>\n<p>These include proposals for spot ETF legalization, opening the gates for institutional investment (even from the National Pension Fund), and support for a won-backed stablecoin market.<\/p>\n<p>His win, secured with nearly 49.4% of the vote in a high-turnout election, signals a new era for South Korea\u2019s crypto sector as global demand for digital assets soar amid US President Donald Trump\u2019s push for cryptocurrencies.<\/p>\n<p>next<\/p>\n<p>The post Ravencoin Rockets 70% in Hours, Is This Just the Beginning? appeared first on Coinspeaker.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ravencoin RVN $0.0164 24h volatility: 48.6% Market cap: $246.83 M Vol. 24h: $545.60 M , a blockchain purpose-built for asset creation and peer-to-peer transfer, jumped an eye-popping 63.57% just hours after its listing on Upbit exchange. At one point, RVN had rocketed by 94% within 24 hours, touching a local high of $0.02407, making it&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7,8,32,10],"class_list":["post-139","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency-news","tag-cryptocurrency-news","tag-news","tag-ravencoin","tag-story-of-the-day"],"_links":{"self":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts\/139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/comments?post=139"}],"version-history":[{"count":0,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/posts\/139\/revisions"}],"wp:attachment":[{"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/media?parent=139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/categories?post=139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoscript.com\/article\/wp-json\/wp\/v2\/tags?post=139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}