Reserve Rights (RSR) Market Cap Achieves $745.12 Million

by · The Markets Daily

Reserve Rights (RSR) traded 0.4% higher against the U.S. dollar during the twenty-four hour period ending at 14:00 PM Eastern on January 21st. One Reserve Rights token can now be bought for about $0.0138 or 0.00000013 BTC on popular cryptocurrency exchanges. Reserve Rights has a total market cap of $745.12 million and $109.10 million worth of Reserve Rights was traded on exchanges in the last 24 hours. In the last week, Reserve Rights has traded up 6% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • SolvBTC (SOLVBTC) traded 1.6% higher against the dollar and now trades at $105,841.16 or 0.98974511 BTC.
  • SolvBTC.BBN (SOLVBTC.BB) traded up 0.2% against the dollar and now trades at $104,270.16 or 0.97505431 BTC.
  • Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Reserve Rights Profile

Reserve Rights was first traded on May 17th, 2019. Reserve Rights’ total supply is 100,000,000,000 tokens and its circulating supply is 53,834,088,904 tokens. The official website for Reserve Rights is reserve.org. Reserve Rights’ official Twitter account is @reserveprotocol and its Facebook page is accessible here. 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.”

Buying and Selling Reserve Rights

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

RSR/USD price chart by TradingView