Rai Reflex Index Market Capitalization Reaches $31.80 Million (RAI)

Rai Reflex Index (RAI) traded 0.7% higher against the US dollar during the twenty-four hour period ending at 15:00 PM ET on May 14th. One Rai Reflex Index coin can now be purchased for $3.09 or 0.00010480 BTC on major exchanges. Over the last seven days, Rai Reflex Index has traded up 2.7% against the US dollar. Rai Reflex Index has a total market cap of $31.80 million and $1.21 million worth of Rai Reflex Index was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

  • JUMPN (JST) traded down 25.9% against the dollar and now trades at $64.64 or 0.00181864 BTC.
  • Tether (USDT) traded 0% higher against the dollar and now trades at $1.00 or 0.00003391 BTC.
  • XRP (XRP) traded down 2.1% against the dollar and now trades at $0.42 or 0.00001410 BTC.
  • Wrapped Cardano (WADA) traded down 6.1% against the dollar and now trades at $0.52 or 0.00001756 BTC.
  • Enegra (EGX) (EGX) traded 0.4% lower against the dollar and now trades at $159.85 or 0.00542728 BTC.
  • PLC Ultima (PLCU) traded up 1.1% against the dollar and now trades at $61,850.17 or 2.09992807 BTC.
  • Polkadot (DOT) traded up 2.2% against the dollar and now trades at $10.99 or 0.00037311 BTC.
  • Lido stETH (STETH) traded down 0.6% against the dollar and now trades at $2,947.45 or 0.07417648 BTC.
  • Mad Viking Games (MVG) traded flat against the dollar and now trades at $1.41 or 0.00004797 BTC.
  • Gateway Protocol (GWP) traded up 12% against the dollar and now trades at $2.54 or 0.00008630 BTC.

About Rai Reflex Index

Rai Reflex Index’s launch date was February 13th, 2021. Rai Reflex Index’s total supply is 10,303,012 coins. Rai Reflex Index’s official Twitter account is @reflexerfinance.

According to CryptoCompare, “Reflexer is a platform where anyone can use their crypto collateral to issue reflex indexes. Reflex indexes are stable assets that are not pegged to anything. RAI is a non pegged, ETH backed stable asset. It is useful as more “stable” collateral for other DeFi protocols (compared to ETH or BTC) or as a stable asset with an embedded interest rate. “

Buying and Selling Rai Reflex Index

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

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