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RAM/USD: Convert Ramifi Protocol (RAM) to United States Dollar (USD)

1 Ramifi Protocol equals $0.0218 United States Dollar

Ramifi Protocol (RAM) is not tradable on Coinbase.

Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more

Last update: 8:45 PM, July 17, 2024

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Overview

About Ramifi Protocol (RAM)

Ramifi Protocol (RAM) is a unique digital asset that utilizes elastic supply technology to denominate the purchasing power of global currencies, such as the United States Dollar (USD). It is designed to be immune to inflation, providing a dynamic monetary system that aims to maintain its value over time. The unit of account for Ramifi is based on a weighted basket of over 100 globally traded commodities, allowing for a decentralized stable-contract that seeks to have an inverse relationship to the loss of value experienced by fiat currencies. Currently, the protocol is hosted on the Ethereum Blockchain.

Ramifi Protocol operates through an elastic supply protocol, which allows it to undergo scalable growth and stability. This protocol aims to facilitate multi-use case financial instruments with an inverse relationship to inflation and the loss of value that fiat currencies are exposed to. The protocol's supply is elastic, meaning the total supply may vary after launch. The initial fully diluted circulating supply for Ramifi Protocol was set to a total of 2,800,000 upon launch, with an initial circulating supply set to 360k RAM.

Ramifi Protocol aims to address the issue of inflation and the devaluation of fiat currencies by providing a digital asset that maintains its value over time. It seeks to facilitate multi-use case financial instruments that can be used in various financial transactions. The protocol's unit of account, based on a weighted basket of over 100 globally traded commodities, can offer a unit of account necessary for everyday life. This makes Ramifi Protocol potentially useful in a wide range of financial and economic activities, from trading and investment to risk management and hedging against inflation.

Ramifi Protocol was launched on March 30th, 2021, by founders Kyle Forkey and Kyle Kahlenberg. Forkey, the lead smart contract developer, is also a founding member of Ethmint, a financial organization that offers blockchain and smart contract development services and consultation. Kahlenberg, the project manager and co-founder, co-founded Helius Financial, a platform that utilizes fractionalized crowd-funding with the help of blockchain technology. Both founders believe in actively addressing inflation and encouraging innovative solutions regarding the devaluation of fiat currencies.

How Ramifi Protocol (RAM) and United States Dollar (USD) differ

Ramifi Protocol (RAM) and the US Dollar (USD) are both mediums of exchange, but they operate on fundamentally different principles. RAM is a digital asset hosted on the Ethereum Blockchain, utilizing elastic supply technology to denominate the purchasing power of global currencies like the USD. It aims to be immune to inflation, striving to maintain its value over time. The protocol's unit of account is based on a weighted basket of over 100 globally traded commodities, creating a decentralized stable-contract that intends to have an inverse relationship to the loss of value experienced by fiat currencies like the USD. On the other hand, the USD is a traditional fiat currency issued by the US government, susceptible to inflation and value loss. Unlike RAM, the USD's value is not based on a basket of commodities but rather the economic stability and creditworthiness of the US. RAM's elastic supply protocol allows for scalable growth and stability, with the total supply varying after launch. In contrast, the USD's supply is regulated by the Federal Reserve through monetary policy. RAM seeks to facilitate multi-use case financial instruments, potentially useful in various financial transactions, from trading and investment to risk management and hedging against inflation. The USD, while universally accepted for transactions, does not inherently offer these features.

Ramifi Protocol Markets

Ramifi Protocol is falling this week.

The current price of Ramifi Protocol is $0.0218 per RAM. With a circulating supply of 0 RAM, it means that Ramifi Protocol has a total market cap of $0.00. The amount of Ramifi Protocol traded has fallen by $4,296.40 in the last 24 hours, which is a 29.53% decrease. Additionally, in the last day, $14,549.06 worth of RAM has been traded.

Market cap

Data unavailable

Volume (24h)

$14,549.06

Circulating supply

Data unavailable

FAQ

How much is 1 Ramifi Protocol in USD?

Right now, 1 Ramifi Protocol is worth about $0.0218.

How much RAM could I buy for 1 USD?

Based on the current rate, you could get 45.93 RAM for 1 USD.

How much has the price of Ramifi Protocol changed?

Ramifi Protocol price has been declining. Since yesterday, the exchange rate of Ramifi Protocol has decreased. Since last month, the exchange rate of Ramifi Protocol has decreased. Since this time last year, the price of Ramifi Protocol has decreased.

How do I calculate or convert RAM to USD?

You can use our RAM to USD calculator at the top of this page to convert any amount of RAM to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 229.67 RAM. Inversely, 5 RAM will cost about 0.11 USD.

How can I buy 1 Ramifi Protocol on Coinbase?

Ramifi Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Ramifi Protocol.

What are assets similar to Ramifi Protocol that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Ramifi Protocol, including Bridge Bot, Nolus, and One Share. For a more robust list of assets to explore, jump to the asset page dedicated to Ramifi Protocol.

Conversion tables

The exchange rate of Ramifi Protocol is decreasing.

The current value of 1 RAM is $0.02 USD. In other words, to buy 5 Ramifi Protocol, it would cost you $0.11 USD. Inversely, $1.00 USD would allow you to trade for 45.93 RAM while $50.00 USD would convert to 2,296.67 RAM, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 29.21%. Meanwhile, in the last 24 hours, the rate has changed by 39.01%, which means that the the highest exchange rate of 1 RAM to United States Dollar was 0.022407000997648908 USD and the lowest 24 hour value was 1 RAM for 0.0167429023714662 USD. This time last month, the value of 1 RAM was $0.05 USD, which is a 54.1% increase from where it is now. Looking back a year, Ramifi Protocol has changed by $0.04 USD. That means that in a single year, the value of Ramifi Protocol has shrank by 66.12%.

RAM to USD

Amount
Today at 8:45 pm
0.5 RAM
$0.0109
1 RAM
$0.0218
5 RAM
$0.1089
10 RAM
$0.2177
50 RAM
$1.0885
100 RAM
$2.1771
500 RAM
$10.8853
1,000 RAM
$21.7707

USD to RAM

Amount
Today at 8:45 pm
0.5 USD
22.97 RAM
1 USD
45.93 RAM
5 USD
229.67 RAM
10 USD
459.33 RAM
50 USD
2,296.67 RAM
100 USD
4,593.33 RAM
500 USD
22,966.67 RAM
1,000 USD
45,933.33 RAM

Today vs. 24 hours ago

Amount
Today at 8:45 pm
24 hours ago
24H Change
0.5 RAM
$0.0109
$0.0178
-39.01%
1 RAM
$0.0218
$0.0357
-39.01%
5 RAM
$0.11
$0.18
-39.01%
10 RAM
$0.22
$0.36
-39.01%
50 RAM
$1.09
$1.78
-39.01%
100 RAM
$2.18
$3.57
-39.01%
500 RAM
$10.89
$17.85
-39.01%
1,000 RAM
$21.77
$35.69
-39.01%

Today vs. 1 month ago

Amount
Today at 8:45 pm
1 months ago
1M Change
0.5 RAM
$0.0109
$0.0237
-54.10%
1 RAM
$0.0218
$0.0474
-54.10%
5 RAM
$0.11
$0.24
-54.10%
10 RAM
$0.22
$0.47
-54.10%
50 RAM
$1.09
$2.37
-54.10%
100 RAM
$2.18
$4.74
-54.10%
500 RAM
$10.89
$23.71
-54.10%
1,000 RAM
$21.77
$47.43
-54.10%

Today vs. 1 year ago

Amount
Today at 8:45 pm
1 year ago
1Y Change
0.5 RAM
$0.0109
$0.0321
-66.12%
1 RAM
$0.0218
$0.0643
-66.12%
5 RAM
$0.11
$0.32
-66.12%
10 RAM
$0.22
$0.64
-66.12%
50 RAM
$1.09
$3.21
-66.12%
100 RAM
$2.18
$6.43
-66.12%
500 RAM
$10.89
$32.13
-66.12%
1,000 RAM
$21.77
$64.25
-66.12%

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