Revain (REV) Skyrockets 197% In Just One Week, Outperforming Bitcoin, Ethereum, And The Crypto Markets.

One blockchain-based review platform Revain is defying market trends, with a roughly 200% increase in the last seven days.

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.

Source: CoinMarketCap

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

Andy

Recent Posts

Multipool Announces LBP After Raising $650k in VC Round Led By NxGen

Majuro, Marshall Islands, May 15th, 2024, ChainwireMultipool, a leading innovator in the blockchain and cryptocurrency…

48 mins ago

GME Calls Target Massive Gains Despite 35% Share Drop

Despite a recent drop, GME calls targeted massive gains with $100 and $128, as per…

55 mins ago

ETH/BTC Ratio Crashes To A New Low Since April 2021

ETH/BTC ratio crashes to a low of 0.046, last seen in April 2021. Ethereum's position…

2 hours ago

Two Brothers Charged For Ethereum Blockchain Attack With $25 Million Stolen

DOJ charges brothers Anton and James Peraire-Bueno for a $25 million Ethereum blockchain attack.

2 hours ago

Spot Ethereum ETF Rejections May Happen Earlier Than May 23 Deadline

Van Buren Capital's Scott Johnsson suggests spot Ethereum ETF rejections may precede SEC's May 23…

3 hours ago

Dydx Introduces Isolated Markets and Isolated Margins!

The dydx Foundation has recently disclosed a pivotal update on its official blog, revealing the…

3 hours ago

This website uses cookies.