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Ronin Price
Ronin price

Ronin Price(RONIN)

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RONIN
1 RONIN =
USD $2.580522
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Last updated 2024/06/16 05:19 (UTC)
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1.99%
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0.1%
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$ 2.580522
-0.19%
1D
Page last updated: 2024-06-16 17:19 (UTC+0)
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Note: This information is for reference only.

Price of RONIN today

The live price of Ronin is $ 2.580522 per (RONIN / USD) with a current market cap of $ 852.04M USD. 24-hour trading volume is $ 7.49M USD. RONIN to USD price is updated in real-time. Ronin is -0.19% in the last 24 hours with a circulating supply of 330.18M.
RONIN Price History USD
Date ComparisonAmount Change% Change
Today$ -0.004941-0.19%
30 Days$ -0.179402-6.5%
60 Days$ -0.465529-15.28%
90 Days$ -1.074168-29.39%

RONIN Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 2.557553
High: $ 2.605993
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 4.496934
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
+0.27%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
-0.19%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
-12.07%
The percent change in trading volume for this asset compared to 7 days ago.

RONIN Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#88
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 852.04M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 7.49M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
330.18M
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
--
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
$ 2.58B
The total number of coins that will ever be created for the cryptocurrency, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About Ronin (RON)

Ronin is a blockchain environment designed for gaming applications, founded by Sky Mavis, the creators of the widely recognized Web3 game, Axie Infinity. According to the project, the platform is the one of the few blockchains capable of supporting a game with millions of daily active users, facilitating over $4 billion in NFT transactions. It reportedly facilitates swift transactions with minimal costs, thereby supporting a seamless process of numerous in-game exchanges. This effectively establishes it as a suitable blockchain option for Web3 gaming initiatives.

Ronin's technology is optimized for gaming, focusing on efficiency and reducing unnecessary data processing found in other permissionless blockchains. This optimization ensures high performance, minimal spam, and consistent uptime for gaming applications. Furthermore, Ronin's environmental efficiency is highlighted by its minimal energy consumption for transactions compared to traditional blockchains.

Ronin blockchain operates as an Ethereum Virtual Machine (EVM)-compatible blockchain, focusing on delivering a streamlined experience for gaming by offering rapid transaction speeds and low costs. It supports an ecosystem through its decentralized exchange (DEX), Katana, which enables the exchange of tokens within the Axie Infinity ecosystem, enhancing liquidity and user engagement.

The RONIN token is designed to support the Ronin blockchain's operation, secure its network, and empower its community through governance. It also plays a critical role in enabling and incentivizing the ecosystem's growth, particularly in the areas of gaming, DeFi, and NFT transactions.

The current price of RONIN is available and updated in real time on Binance.

People Also Ask: Other Questions About Ronin

  1. What Is Ronin Used For?

    Ronin is a blockchain that utilizes Ethereum Virtual Machine (EVM), specifically designed for developers who are creating games with economies controlled by players. Ronin is primarily used for hosting Web3 games, enabling swift and cost-effective in-game transactions and the exchange of digital assets within the gaming ecosystem.

  2. What Is RONIN token Used For?

    The RONINtoken underpins the Ronin blockchain's economy. It handles transaction fees, allows holders to participate in network decisions, provides liquidity and enables trading in the ecosystem's decentralized exchange. This makes RONIN integral to both the operational efficiency and strategic development of the Ronin blockchain.

  3. How Do Network Consensus and Validation Work On Ronin?

    The EVM-compatible Ronin blockchain uses a Delegated Proof of Stake (DPoS) consensus mechanism, complemented by aspects of Proof of Authority (PoA) for enhanced efficiency and security, specifically tailored to gaming transactions. This hybrid approach involves token holders delegating their stake to validators, who are then responsible for verifying transactions and producing new blocks. The system is designed to ensure the integrity and reliability of in-game activities and asset exchanges by selecting a set of validators through a combination of community voting and PoA selection, thereby maintaining a balance between decentralization and efficient governance.

  4. Who Is The Founder Of Ronin?

    The Ronin blockchain was officially launched in 2021 by Sky Mavis, the creators of Axie Infinity. This launch marked the introduction of a specialized blockchain designed to address the unique needs of the gaming community, particularly to enhance the scalability and user experience of Axie Infinity and other blockchain-based games.

  5. What Is the Maximum and Circulating Token Supply of RONIN?

    Ronin has set a maximum token supply limit of 1,000,000,000, and at the time of writing the circulating supply is 299,976,156 RONIN tokens.

  6. What Makes Ronin Different From Others?

    Ronin aims to set itself apart by specifically enhancing gaming experiences with its platform, addressing the critical issues of high transaction fees and slow processing times that are often encountered on networks like Ethereum. It combines gaming-optimized functionality, scalable infrastructure, environmental sustainability, and robust security protocols. This comprehensive approach ensures a seamless, cost-effective, and secure gaming environment, making Ronin an appealing choice for both developers and gamers in the Web3 ecosystem, aiming for an improved and more accessible digital gaming landscape.

  7. How to Buy RONIN?

    RONIN can be purchased directly from the Binance Exchange by using a debit or credit card. RONIN can also be traded for other cryptocurrencies on Binance. Live RONIN price is updated in real-time on Binance. Additionally, RONIN price and purchase information is available in our How to Buy RONIN guide.

RONIN to Local Currency

FiatPriceOperation
1 RONIN to USD$ 2.580522
1 RONIN to TRY$ 2.580522
1 RONIN to RUB$ 2.580522
1 RONIN to EUR$ 2.580522
1 RONIN to AED$ 2.580522
1 RONIN to AUD$ 2.580522
1 RONIN to BRL$ 2.580522
1 RONIN to VND$ 2.580522
1 RONIN to IDR$ 2.580522
Last updated 2024/06/16 05:19 (UTC)

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