Rarible (RARI) Achieves Market Capitalization of $71.87 Million

Rarible (RARI) traded up 2.5% against the dollar during the 24-hour period ending at 11:00 AM ET on May 2nd. One Rarible token can now be bought for approximately $3.02 or 0.00005091 BTC on major exchanges. Over the last week, Rarible has traded 16.5% lower against the dollar. Rarible has a market capitalization of $71.87 million and $1.15 million worth of Rarible was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 8.5% against the dollar and now trades at $0.30 or 0.00000505 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 3.7% against the dollar and now trades at $0.0100 or 0.00000017 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Rarible Profile

Rarible was first traded on July 15th, 2020. Rarible’s total supply is 25,000,000 tokens and its circulating supply is 23,834,553 tokens. Rarible’s official Twitter account is @rarifoundation and its Facebook page is accessible here. The official website for Rarible is rari.foundation.

According to CryptoCompare, “RARI is the native cryptocurrency for the Rarible protocol, an Ethereum-based ERC-20 token. It empowers token holders with decision-making rights, enabling them to propose ideas and vote on platform upgrades. Rarible is a community-owned marketplace for creating, trading, and collecting non-fungible tokens (NFTs). It operates on the Ethereum blockchain and supports multiple chains like Ethereum, Tezos, and Flow. RARI tokens can be earned by participating on the Rarible platform and are used for curating content and participating in governance. The token’s role in governance allows holders to influence the development and operational aspects of Rarible. Rarible was established by Alex Salnikov and Alexei Falin, and is based in New York.”

Buying and Selling Rarible

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

RARI/USD price chart by TradingView