Ravencoin (RVN) Records 90% Increase, Community Warns About Price Speculation

Data from Coingecko indicates a surge in the price of Ravencoin (RVN), over the past month the cryptocurrency is moving against the general sentiment in the market. The rally in the price of this token coincides with the upcoming Ethereum's “Merge” and seems directly related to this event.

Timeline of Ravencoin

The Ethereum Merger is on the cards with less than 20 hours left and less than 5000 blocks to be mined. While a couple of altcoins like Ethereum Classic, Optimism, or Lido DAO were believed to be impacted largely.

Ravencoin (RVN) has seen its price rise over 13% in the last 24 hours to $0.06359, capping a bullish week for the token. The post Ravencoin price, hashrate spike as Merge draws closer appeared first on CryptoSlate.