- This isn’t the first time Revain has defied the market’s trend.
- REV must first break beyond the $0.02 barrier to reach new all-time highs.
Market sentiment deteriorated as Bitcoin remained under $50,000 and Ethereum fell below $4000. It felt like most of the significant altcoins were following the top coin, and the overall market’s static trajectory meant that there were few altcoins for traders to consider. At this moment, the market seemed to be shifting its attention to cryptocurrencies with lower market capitalizations and more significant ROIs.
Not the First Time
This isn’t the first time Revain has defied the market’s trend, though. The REV token touched a multi-week high of $0.036 at the end of August last year, showing gains of almost 230 percent going into September 2021.
Furthermore, the cryptocurrency’s active addresses and active deposits have increased significantly. These are indications that the network is becoming more active.
It’s been four years since the launch of Revain, a review platform that uses blockchain technology to collect and reward user input on goods and services. While Yelp and Revain both perform comparable services, Revain claims to have more features and supports more openness over its competitors.
According to Kraken Intelligence research, the platform is based on Ethereum and Tron. In contrast to Ethereum’s price decline, Revain seemed to be enjoying its time in the limelight.
The crypto must first break beyond the $0.02 barrier to reach new all-time highs. Revain’s current price is $0.012140 USD, with a 24-hour trading volume of $3,135,540 USD, according to CoinMarketCap. The price of Revain has risen by 30.28 percent during the past day.