Raiden Network TokenRDN
$0.0303
Market/Exchange
RDN Price Prediction and Price Movement
RDN has been down 44.83 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that RDN's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if RDN is backed by a solid development team and whether RDN's technology has any potential to grow.
Please note that this analysis is purely base on RDN's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Raiden Network Token Price Chart
About Raiden Network Token
Developed by Brainbot Labs Est., the Raiden Network is an off-chain scaling solution, enabling quick and cheap payments. It is Ethereum's version of Bitcoin's Lightning Network.
It complements the Ethereum blockchain and works with any ERC-20 token. The Raiden Network Token (RDN) supports a host of use cases such as micropayments, M2M Markets, API Access, and Decentralized Exchanges.