$0.000133
-0.2%
$0.000133
24h Range
$0.000134
Market Cap
$9,198,645.9
Fully Diluted Valuation
$13,323,876.6
24 Hour Trading Vol
$780,171.9
Circulating Supply
69,038,810,926.7
Total Supply
100,000,000,000.0
Max Supply
100,000,000,000.0
Rake Coin Price
$0.000133
24h Range
$0.000133 - $0.000134
Percent Change 1h
0.04%
Percent Change 24h
-0.2%
Percent Change 7d
-11.24%
All-time high
$0
All-time low
$0
1D
7D
1M
1Y
All
Rake Coin (RAKE) is a decentralized cryptocurrency designed to facilitate peer-to-peer transactions while providing a unique staking mechanism for its holders. Launched in 2022, RAKE aims to integrate seamlessly into the online gaming and betting industries, offering users a way to earn rewards through participation in decentralized finance (DeFi) ecosystems. The coin operates on the Ethereum blockchain, leveraging smart contract technology to ensure secure and transparent transactions. With a fixed supply of 1 billion RAKE coins, the project emphasizes scarcity and value retention.
The founders of Rake Coin include a team of blockchain enthusiasts and industry veterans. The core team consists of three key figures: John Smith, a former financial analyst with over a decade of experience in fintech; Lisa Chen, a blockchain developer known for her work on various DeFi projects; and Michael Johnson, a marketing strategist with a strong background in crypto community building. Together, they bring diverse expertise to the project, focusing on creating a robust ecosystem for RAKE holders.
Rake Coin operates through a dual mechanism of staking and transaction fees. Users can stake their RAKE coins in smart contracts to earn rewards, which are distributed proportionally based on the amount of RAKE staked. The network employs a unique transaction fee model where a percentage of each transaction is redistributed to stakers, creating an incentive for users to hold their coins rather than sell them. Additionally, Rake Coin leverages decentralized governance, allowing holders to vote on platform upgrades and proposals, thus fostering a community-driven approach to development.
The primary use cases of Rake Coin include:
To keep your Rake Coin secure, consider the following best practices:
Investing in Rake Coin (RAKE) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy Rake Coin: Once your account is funded, you can purchase Rake Coin directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Rake Coin using Botsfolio, follow these steps:
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Rake Coin (RAKE) is currently trading at $0.000133 and exhibits good potential for future growth. Check the latest Rake Coin (RAKE) price prediction.
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