Live RON price analysis
The current real-time price of Ronin is $3.04and its trading volume is equal to US$15,047,525 in the last 24 hours. The price in RON is grew by
4.51%
on the last day and increased by
5.20%
in the last 7 days. It is important to note that Ronin’s current market capitalization is US$907,496,937Speaking of working capital, RON has 298 964 697 coins. Ronin’s current market rating is #81.
Ronin price today
14.20%
below
always on top and that’s it
1435.96%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling RON are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is Ronin (RON)?
RON is Ronin’s native coin, which is Sidechain based on Ethereum designed by Sky Mavis. It was originally designed for running Axie Infinity game. Axie Infinity is a popular NFT-based game. Check the current (or previous) RON price on the Ronin price chart above.
The Ronin Network offers Roninsky Bridge. This allows Axie Infinity players to exchange ETH coins for AXS tokens and vice versa. Additionally, the Ronin network has its own decentralized exchange (DEX) called Katana. It provides traders with the ability to exchange tokens within the Axie Infinity ecosystem.
Skye Mavis’s goal is to make Ronin best place to release NFT based games from other creators, as well as games related to Axie Infinity. Among all Ethereum NFT scaling solutions, Ronin manages the largest volume of NFTs.
The consensus mechanism used by Ronin is Proof of Authority (PoA). It relies on well-known and reputable validators to create new blocks. Ubisoft, Binanceand Animoca Brands are among Ronin’s validators. PoA uses a Byzantine fault tolerance (BFT) algorithm to save identity as a stake.
Founders of Ronin
The company behind the Ronin crypto project is Sky Mavis game studio. To reflect the desire for independence, the Ethereum sidechain was named Ronin, after the legendary masterless samurai in feudal Japan.
Sky Mavis was founded in 2018 Trung Nguyen, Alexander Larsen, and Jeffrey Zirlin.
Alexander Larsen previously worked for the Norwegian State Security Service before opening the Sky Mavis studio. He started working in the cryptocurrency gaming sector in 2017. In addition, he is the secretary of the board of directors of the Blockchain Game Alliance.
Trung Nguyen has a degree in computer software engineering. He previously worked at Anduin Transactions as a software engineer. Additionally, he also worked at Trusting Social and co-founded Lozi.
Jeffrey Zirlin has a degree in history. There is no information about his work experience before he co-founded Sky Mavis.
Purpose of RON coins
The main use case for Ronin tokens is pay a transaction fee on the Ronin network.
Users were also able to earn RON tokens as part of the SLP and AXS tokens. liquidity extraction at Katana DEX, which took place throughout 2022.
Besides, RON tokens can be at stakethus passively generating more tokens.
RON tokenomics
The maximum supply of Ronin coins is 1 billion. The coins were issued through liquidity pool on Katana. 30% of RON tokens are intended for stimulating the ronin community. This includes various reward and grant programs, rewards for liquidity extraction, and so on. Another 25% is allocated to the RON token. remuneration rates. The remainder is split between the team and the Ronin Ecosystem Foundation.
If you decide you want to invest in RON, it would be wise to analyze Ronin’s pricing patterns to see how they have changed over time. You can do this on the aforementioned RON price chart above.
What is Ronin’s trading volume in the last 24 hours?
RON has trading volume US$15,047,525 in the last 24 hours.
What is the highest price for Ronin?
RON has the highest price $3.54which was achieved at February 5, 2024 (2 weeks 5 days ago).
What is the lowest price for Ronin?
RON has the lowest price US$0.1976which was achieved at November 21, 2022 (1 year 3 months ago).
Which exchanges are best for buying and selling RON?
Currently the most active and dominant exchanges for buying and selling Ronin are Binance, Kraken & Kucoin. The most popular Ronin trading pairs VET/VRON
(on
Katana
),
USDC/WRON
(on
Katana
),
AKS/VRON
(on
Katana
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
Which hardware wallets are the most secure for storing RON?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Ronin. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
Ronin related pages
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
