Reserve Rights price
Current price
$0.001323
−4.13% 24h
Live Updated just now
Today Reserve Rights falls 4.1%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour −0.30%
- 24 hours −4.13%
- 7 days −22.22%
- 30 days −30.88%
- 1 year −65.99%
Reserve Rights's move in context
Lagging the market today
−4.13% in 24 hours against −1.55% for the market as a whole, a gap of 2.6 points. Small gaps like this are common, so they don't point to anything specific.
- We compare the last 24 hours with this coin's typical day, from 26 recent days (up to four weeks). We only count exchanges we read on both days, so an exchange we've just added doesn't look like extra trading. This describes trading, not where the price goes next.
$881.4K traded in the last 24 hours on the exchanges we read, close to its usual day.
- The price of each exchange's last trade, read in the past few minutes, in US dollars or dollar stablecoins; markets with little trading are left out. A last price isn't an offer: what you'd pay also depends on fees, the gap between buying and selling prices, and how much is for sale.
Reserve Rights's last prices on 5 exchanges we read run from $0.001321 on MEXC to $0.001437 on HTX, 8.8% apart. Compare before you buy: fees and how much is for sale at each price differ too.
Part of a slide
−22.2% over 7 days and −30.9% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
Where to trade Reserve Rights
Prices differ by up to 8.8% across these 5 exchanges, so compare before you buy.
- Binance Most traded RSR/USDT $636.93K 24h volume Last price $0.001323 0.00% vs our price
- KuCoin RSR/USDT $105.23K 24h volume Last price $0.001326 +0.23% vs our price
- MEXC RSR/USDT $60.68K 24h volume Last price $0.001321 −0.15% vs our price
- Bitget RSR/USDT $38.97K 24h volume Last price $0.001323 0.00% vs our price
- HTX RSR/USDT $1.35K 24h volume Last price $0.001437 +8.62% vs our price
Each exchange's last price against our price above. Listed for convenience, not as advice: check that an exchange is allowed where you live.
About Reserve Rights
Overview
Reserve Rights (RSR) is a unique cryptocurrency designed to provide a stable and reliable digital currency alternative by backing its value with a basket of fiat currencies and assets. The primary mission of Reserve Rights is to facilitate widespread adoption of a stable cryptocurrency, enabling users to transact without the volatility commonly associated with traditional cryptocurrencies. RSR operates on the ethos of financial inclusivity, aiming to provide stable financial products to users in economically unstable regions. Its distinguishing features include a dual-token system consisting of RSR and RSV, an innovative approach towards collateralized stablecoins, and the goal of safeguarding user wealth in uncertain economic environments.
Technical Features
Reserve Rights utilizes a unique consensus mechanism that combines elements of both proof-of-stake and collateralized assets to ensure its stability and security. The network operates on a decentralized model, requiring validators who stake RSR tokens to maintain the integrity of the network, which in turn ensures that RSU (Reserve Stablecoin) remains pegged to its value benchmark. The security model emphasizes asset backing, where the value of RSU is maintained through a reserve of collateral assets. Furthermore, the architecture of the Reserve Rights network is designed to facilitate quick and efficient transactions, promoting ease of use for everyday users. Unique algorithms manage the stabilization of RSU, automatically adjusting the supply based on demand, thereby addressing the critical challenge of volatility often seen in the crypto space.
Use Cases
Reserve Rights is primarily focused on being a stable medium of exchange for everyday transactions, making it especially suitable for decentralized finance (DeFi) applications. Its principal use cases include acting as a reliable payment method in regions plagued by hyperinflation, serving as a store of value, and providing an efficient solution for remittances and cross-border payments. Additionally, RSR plays a crucial role in governance, allowing token holders to participate in decision-making processes surrounding the development and management of the Reserve ecosystem. The integration of Reserve Rights with various decentralized applications enhances its utility in the broader blockchain ecosystem, driving adoption and encouraging innovative use cases.
Development Background
Reserve Rights was conceptualized by a team of experienced entrepreneurs and developers who recognized the need for a stable cryptocurrency in economically volatile environments. Launched in 2019, the project has gained traction by securing funding from notable investors and collaborating with other industry leaders. Significant contributors include individuals with backgrounds in technology, finance, and economics. Since its inception, Reserve Rights has participated in various pilot projects in emerging markets, enhancing its credibility and demonstrating practical applications of its technology.
Community and Ecosystem
The Reserve Rights community is vibrant and actively engaged in the growth of the ecosystem. Various initiatives, from developer forums to social media channels, create a space for collaboration and discussion among users and developers. The project has formed strategic partnerships with DeFi platforms and fintech companies, enhancing its usability and reach. Additionally, the growing number of applications built on the Reserve platform attests to its adaptability and the strong developer support it enjoys, contributing significantly to the project's ecosystem.
Future Potential
The potential impact of Reserve Rights is tremendous, primarily due to its commitment to solving real-world financial issues through technology. As it continues to improve its stablecoin mechanics and expand its ecosystem, RSR is poised for increased adoption. Future features expected on its roadmap include enhanced interoperability with other blockchain networks, expanded asset backing for RSU, and improvements in governance mechanisms. With the increasing interest in stablecoins and DeFi solutions, Reserve Rights stands to play a pivotal role in financial systems, especially in regions where traditional banking is inadequate or inaccessible.
Reserve Rights market
- Position by market cap among the coins we track whose circulating supply is checked.
- #144
- Position by market cap among the coins we track whose circulating supply is checked.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $90.74M
- Price × coins in circulation. It measures a coin's size, not its quality.
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- $881.4K
- on the exchanges we read
- Dollars traded in the last 24 hours on the exchanges we read, in pairs against the dollar or a dollar stablecoin such as USDT. Sites that count more exchanges and pairs show higher figures.
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- Low $0.001287 High $0.001401
- The lowest and highest price we recorded in the last 24 hours. The dot marks the current price.
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- $0.1174
- Now 1% of it Reached 16 Apr 2021 · Needs +8,776% to get back
- The highest price in our records for this coin. The bar shows the current price as a share of it.
- Coins that exist now and can be traded.
- 68.58B RSR
- 69% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 100B RSR
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 100B RSR
- The most coins that can ever exist. Some coins have no limit.
Reserve Rights converter
1 Reserve Rights = $0.001323
