Reserve Rights (RSR) Market Capitalization Achieves $482.16 Million

by · The Markets Daily

Reserve Rights (RSR) traded down 1.7% against the US dollar during the twenty-four hour period ending at 12:00 PM E.T. on February 22nd. Reserve Rights has a market cap of $482.16 million and approximately $31.39 million worth of Reserve Rights was traded on exchanges in the last day. One Reserve Rights token can now be purchased for $0.0087 or 0.00000009 BTC on major exchanges. In the last seven days, Reserve Rights has traded 3.4% higher against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

  • Taiko (TAIKO) traded down 0.9% against the dollar and now trades at $1.04 or 0.00001078 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • SolvBTC (SOLVBTC) traded down 1.8% against the dollar and now trades at $96,489.11 or 0.99839611 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded 2% lower against the dollar and now trades at $96,037.54 or 0.99372362 BTC.
  • Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Reserve Rights Token Profile

Reserve Rights’ genesis date was May 17th, 2019. Reserve Rights’ total supply is 100,000,000,000 tokens and its circulating supply is 55,382,047,907 tokens. Reserve Rights’ official Twitter account is @reserveprotocol and its Facebook page is accessible here. Reserve Rights’ official website is reserve.org. The Reddit community for Reserve Rights is https://reddit.com/r/reserveprotocol and the currency’s Github account can be viewed here.

According to CryptoCompare, “Reserve Rights (RSR) is an ERC-20 token used within the Reserve Protocol for staking, governance, and collateral protection across Reserve Tokens (RTokens). It supports the decentralised management of RTokens by allowing holders to participate in governance decisions and providing overcollateralisation in case of asset defaults. Founded by Nevin Freeman and Matt Elder, the Reserve Protocol aims to create stable, asset-backed digital currencies with a transparent emission model and decentralised governance structure.”

Reserve Rights Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Reserve Rights directly using U.S. dollars. Investors seeking to trade Reserve Rights should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Reserve Rights using one of the aforementioned exchanges.

RSR/USD price chart by TradingView