Revain (REV), the native asset for feedback platform Revain, is outperforming Bitcoin (BTC) and most cryptocurrencies after jumping from a seven-day low of $0.000759 to a seven-day high of $0.002257, a gain of more than 197% in only one week.
Revain’s mission is to give high-quality user feedback on worldwide products and services that make use of emerging technologies such as blockchain and machine learning. The firm claims to have “gathered the most volume of customer input about cryptocurrency on the Internet.” REV tokens are awarded to those who post high-quality reviews.
The platform has received 73,453 reviews from 29,785 authors, according to the project’s website.
It’s unclear what’s causing REV’s big price increase this week. The company and BitYard, a cryptocurrency exchange, launched a review contest on Tuesday.
On Friday, Revain also improved its smart search functionality, however the Twitter announcement came after REV’s price skyrocketed.
REV has retraced from hitting a seven-day high, and it is now trading at $0.001844.
Despite this week’s tremendous increases, REV is still more than 99.9% below its all-time high of $3.96, which it reached in February of 2018.
Bitcoin has lost 33.6% in the last week, to $19,377 at the time of publication. In the same time frame, Ethereum has dropped 38.8% to $1,018.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Patrick
CoinCu News
With the platform facing a cracked whip, Trump Media company is expanding into new business…
Major crypto firms, including Ripple, Kraken, and Circle, are competing for spots on President-elect Donald…
Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…
SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…
The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…
Discover why Qubetics, Cosmos, and Chainlink are the best cryptos to buy in November 2024.…
This website uses cookies.