Revain Bucks Trend With 24% Jump Amid Downturn; Added to Exodus Wallet
The review-focused altcoin, Revain (R), saw 24% gains on Black Friday while Bitcoin and the majority of coins and tokens continued to fall. Revain launched in 2017 amid some clear skepticism regarding what some saw as an unnecessary application of blockchain technology. Following the ICO, Revain floated away from the spotlight, and stayed away until a sudden surge from Q3 into Q4 which saw the ERC-20 token almost treble in value.
During R’s surge in early November, the token’s trades made up $4.5 million of the exchange’s total $4.7 million volume. Since then, that singularity has become less severe, but 88% of Revain’s trades are still coming from there. In their own words, Revain is a:
“…new generation feedback platform, mostly based on the blockchain technology that doesn’t allow to change or delete reviews and its authors get a reward for creating it.”.
Revain’s addition to the Exodus wallet was announced Friday, and was accompanied by a step-by-step guide detailing the setup process for Revain holders. Even after today’s 24% surge, the token is still down a staggering 96% since the all-time high of February 18th, when R was briefly being bought and sold for $4.49. Revain was the best performer in the market cap top one hundred for the previous twenty-four hours, accompanied only by serial pump and dump artist, Bitcoin Diamond (BCD), and blockchain-as-a-service coin, Ardor (ARDR).
