This article centers around a thorough assessment of REVV coin’s technical and fundamental attributes using data obtained from www.coinmarketcap.com . Our report aims to address vital inquiries regarding the projects associated with the cryptocurrency ; determining significant factors affecting its market value ; reviewing which are reliable exchanges for trading it ; identifying traded currency pairs ; exploring assorted key metrics that demonstrate critical aspects of performREVVe such as highest low price values attained among other essential economic indicators. We will also provide regular weekly graphical or technical analyses aimed at assisting potential investors evaluate feasible investment risks areas while identifying prospective profits..
What is REVV (REVV) Coin?
REVV is the native utility token of the REVV ecosystem, which includes blockchain-based games and digital collectibles. It allows players to purchase in-game items , participate in game events and access exclusive content . The REVV token is built on the Ethereum blockchain using ERC-20 standards .
If you want to know more about the REVVCoin(REVV) coin , you can visit its website .
https://www.revvmotorsport.com/
Projects:
The REVV ecosystem includes several blockchain-based games and digital collectibles projects, including:
1. F1 Delta Time – an officially licensed Formula 1 racing game that allows players to own , trade and race with unique digital cars and tracks .
2. MotoGP™ Ignition – a similar game to F1 Delta Time , but with the official license of MotoGP™ .
3. The Sandbox – a virtual world where players can create, build and monetize their own gaming experiences using non-fungible tokens (NFTs) .
4. Crazy Defense Heroes – a tower defense game that uses NFTs for in-game items and heroes.
All these games use the REVV token as their primary utility token for various in-game activities such as buying/selling/trading NFTs or participating in events/tournaments .
Factors affecting price:
Like any other cryptocurrency, the price of REVV token can be influenced by various factors. Some of these factors include:
1Adoption and usage – The more people who use REVV tokens to transact within the ecosystem, the higher the demand for it will be.
2Market sentiment – The overall market sentiment towards cryptocurrencies can affect the price of REVV as well.
3. Competition – Other gaming or NFT projects could provide competition to REVV’s ecosystem and impact its adoption rate.
4.Development progress – If there are significant updates or improvements made to the games or platform that uses REVV, it could increase interest in buying and holding the token.
5.Regulatory changes – Like any other cryptocurrency, regulatory changes in different countries regarding blockchain technology could have an impact on its value.
6. Supply and demand dynamics – As with any asset, if there is an increase in supply without a corresponding increase in demand for REVV tokens, it may negatively affect its price.
7Partnerships & collaborations- Partnerships with established brands/organizations could bring more exposure to Revv’s ecosystem thereby increasing its user base which might positively affect its price over time.
These are some of the factors that can influence the price of REVV token but please note that cryptocurrency prices are highly volatile and subject to rapid fluctuations based on multiple unpredictable variables at play at any given moment so you should always do your own research before making investment decisions about cryptocurrencies like Revv Token
Where can I buy REVV Coin (REVV)?
Exchange Pair Volume
REVV Coin (REVV) Baseline Assessment :
The market cap of the REVVCoin(REVV) coin is $ 4.833.615 and its circulating supply is 614.229.268 units. Its total supply is 3.000.000.000 units , with a fully diluted valuation of $ 23.608.195.
What is the high price point for REVVCoin (REVV)?
REVVCoin(REVV) token highest price is $0.6416 recorded on Mar 31, 2021. The current price is -98.75% lower than the all-time high .
What is the low point of the price for REVVCoin (REVV)?
REVVCoin(REVV) token’s lowest price was $0.007527 on Jun 15, 2023.
REVV Coin (REVV) Technical Outlook:
REVV coin fell from $0.6489 on March 29, 2021 to $0.007604 on June 12, 2023. There has been an increase in volume in the last two weeks. The weekly closing candle will inform us about the direction. The closings of the price above the 21-week moving average may change the market structure. Since the beginning of the downtrend, the range with the highest volume is the $0.021729 fibo 0.236 level. This region is a tough resistance to overcome. If the bulls want to change the market structure, they have to make voluminous candle closes above this level.
Our support level is 0.007604$ and our resistance levels are: 0.021729$ – 0.0415$ – 0.070286$ – 0.01187$ – 0.205$ – 0.6489$
Investment information, comments, and recommendations contained herein are not within the scope of investment consultancy . The content, comments , and recommendations herein are not guiding but general . These recommendations may not suit your financial situation and risk and return preferences . Therefore , making an investment decision based solely on the information herein may not yield results that meet your expectations .
