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Rai Reflex Index

RAI

Explore Rai Reflex Index

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

Stablecoins

‘Stablecoin‘ (e.g. , ) is the term often used for crypto-assets that claim their value is linked to certain reserve assets such as a fiat currency (e.g. US Dollars). Stablecoins may use a range of different ways to maintain stability, each with their own risks

Counterparty risk: Where the asset is backed by collateral (e.g. fiat currency) you are relying on a third party to maintain that collateral which introduces risk if the party becomes insolvent or fails to maintain the necessary collateral.

Redemption risk: If the asset claims to be redeemable for underlying collateral, there is risk that the redemption process will not work as expected e.g. in times of market volatility or due to operational issues.

Collateral risk: There’s a risk that the value of the collateral could decline or become volatile, affecting the stability of the asset (e.g. where the collateral is another type(s) of crypto-asset(s)).

FX risk: Lots of stablecoins are denominated in US Dollars, meaning you will be exposed to movements in the USD:GBP exchange rate

Algorithm risk: If the asset relies on an algorithm to maintain stability (e.g. by adjusting supply based on demand) there’s a risk the algorithm could fail or behave unexpectedly, which might cause the asset to lose its stability and even lose all its value.

About Rai Reflex Index

Please note: Whilst this token may be described as a ‘stable’ asset its value is not designed to be pegged to any fiat currency (e.g. Pounds Sterling or US dollars) and its price may therefore fluctuate. This token relies on complex algorithmic arrangements and is collateralised by Ether (ETH), meaning its value could decline or become volatile. Please visit https://www.coinbase.com/asset-risks for more information on asset risks. RAI is an Ethereum token. The RAI-USD exchange rate is determined by supply and demand while the protocol that issues RAI tries to stabilize its price by constantly de- or re-valuing it. The supply and demand mechanic plays out between two parties: SAFE users (those who generate RAI with their ETH) and RAI holders (those who hold, speculate on or use RAI in other protocols and apps).

Market

United Kingdom Market Stats

Market cap

£3.9M

Volume (24h)

£876,968.20

Circulating supply

1.7M RAI

Typical hold time

7 days

Popularity

#1324

All time high

£7.42

Price change (1h)

+0.23%

Price change (24h)

+0.35%

Price change (7d)

+2.9%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

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Social

Some highlights about Rai Reflex Index on social media

1 unique individuals are talking about Rai Reflex Index and it is ranked #1,333 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Rai Reflex Index has an average sentiment score of 3 out of 5. Finally, Rai Reflex Index is becoming more newsworthy, with 0 news articles published about Rai Reflex Index. This is a 0% increase in news volume compared to yesterday.

On Reddit, Rai Reflex Index was mentioned in 0 Reddit posts and there were 0 comments about Rai Reflex Index. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

1 people

Volume rank

#1,333

Average Sentiment

3 out of 5

Rai Reflex Index is on the rise this week.

The price of Rai Reflex Index has increased by 0.23% in the last hour and increased by 0.35% in the past 24 hours. Rai Reflex Index’s price has also risen by 2.90% in the past week. The current price is £2.24 per RAI with a 24-hour trading volume of £876.97K. Currently, Rai Reflex Index is valued at 69.73% below its all time high of £7.42. This all-time high was the highest price paid for Rai Reflex Index since its launch.

The current circulating supply of Rai Reflex Index is 1,703,495.306 RAI which means that Rai Reflex Index has as total market cap of 1,703,495.306.

FAQ

What is the current price of Rai Reflex Index?

We update our Rai Reflex Index to GBP currency in real-time. Get the live price of Rai Reflex Index on Coinbase.

What is the market cap of Rai Reflex Index?

The current market cap of Rai Reflex Index is £3.85M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Rai Reflex Index?

The all-time high of Rai Reflex Index is £7.42. This all-time high is highest price paid for Rai Reflex Index since it was launched.

What is the 24 hour trading volume of Rai Reflex Index?

Over the last 24 hours, the trading volume of Rai Reflex Index is £876.97K.

What other assets are similar to Rai Reflex Index?

Assets that have a similar market cap to Rai Reflex Index include Bitcoin Atom, Geeq, LUCA, and many others. To see a full list, see our comparable market cap assets.

How many Rai Reflex Index are there?

The current circulating supply of Rai Reflex Index is 1.7 million.

What is the typical holding time of Rai Reflex Index?

The median time that Coinbase customers hold Rai Reflex Index before selling it or sending it to another account or address is 7 days.

What is the relative popularity of Rai Reflex Index?

Rai Reflex Index ranks 270 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Rai Reflex Index?

Currently, 67% of Coinbase users are buying Rai Reflex Index. In other words, 67% of Coinbase customers have increased their net position in Rai Reflex Index over the past 24 hours through trading.

Can I buy Rai Reflex Index on Coinbase?

Yes, Rai Reflex Index is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Rai Reflex Index guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024