How RVN saves itself from failing from the halving
RVN price is on a steady rise after the halving. Despite everyone predicting it would most likely fall off due to X amount of reasons, it has shown that the community is strong even in a down market with its movement traditionally tied to whichever way BTC swings.
However it’s somewhat breaking its strides and starting to do its own thing, which is a positive and most likely unexpected from other analysts.
Why is RVN going up in price?
About 25% of miners moved over to whatever the current best ROI is (ETH), however most of them that have strong ties and beliefs within this community or to RVN and are converting the amount earned to RVN and therefore increasing its price and demand on the market.
Miners that are still active on the RVN network are also stabilizing and getting more profits due to the reduced difficulty and eventually will profit a lot more from a price increase.
There will be a slight dip or few days between now and end of this month where the price won’t move as much. So fear not. Those are the day traders and paper hands exiting their position in which they bought in.
submitted by /u/AromaticParamedic214
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