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Rarible

RARI

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

Investment Risk

Baseline risk

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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.

About Rarible

RARI is an Ethereum token that powers Rarible, a community-owned marketplace for creating, selling, or collecting NFTs. RARI can be earned by using the platform and can be used to curate content and vote on platform upgrades.

Rarible (RARI) is a platform that strives to facilitate the creation and trading of non-fungible tokens (NFTs), unique digital items such as artworks and game items. The platform offers a fully-featured marketplace that is sorted and filtered using various categories The RARI token is a key component of the platform, as it is used to reward active users and for participating in the governance of the protocol. Rarible intends to become more than just a marketplace for digital collectibles and art, aiming to create an autonomous ecosystem governed by RARI holders.

Rarible operates by allowing users to create or "mint" NFTs and is accessible to those with little to no experience with NFTs. This enables artists and creatives to create and sell their digital products with zero barriers to entry while benefiting from the security provided by blockchain technology. The Rarible platform and protocol is an autonomous ecosystem that is governed by RARI holders, who are tasked with voting on governance proposals. Rarible aims to transition to a fully decentralized autonomous organization (DAO) structure in the future.

Rarible seeks to provide a solution to the limitations faced by the intellectual property market, such as challenging licensing and paperwork requirements. NFTs represent an easily accessible alternative available to anyone with just a few clicks. The platform aims to empower artists and creatives by allowing them to create and sell their digital products with zero barriers to entry. Additionally, Rarible intends to use part of the revenue to subsidize the first mint transaction (NFT creation transaction) for users, among other business strategies to fuel the growth of the platform.

Rarible was co-founded by Alexei Falin and Alexander Salnikov in early 2020. Falin, the CEO of Rarible, is also the co-founder of Sticker.Place, a computer software company that specializes in stickers. Salnikov, the head of product at Rarible, was the co-founder of Zenome and the ICO Director of Humaniq, a blockchain-based project that provides tools to the unbanked. The Rarible team, based in the US, consists of almost a dozen employees, many of whom are artists. The total supply of RARI is capped at 25,000,000, and its current circulating supply depends on user participation.

Market

United Kingdom Market Stats

Market cap

£64.0M

Volume (24h)

£970,085.00

Circulating supply

23.8M RARI

Typical hold time

11 days

Popularity

#486

All time high

£37.06

Price change (1h)

+3.21%

Price change (24h)

-7.63%

Price change (7d)

-18%

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 Rarible on social media

788 unique individuals are talking about Rarible and it is ranked #192 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Rarible has an average sentiment score of 3.1 out of 5. Finally, Rarible is becoming more newsworthy, with 0 news articles published about Rarible. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Rarible. There were 25.96% of tweets with bullish sentiment compared to 11.93% of tweets with a bearish sentiment about Rarible. 62.11% of tweets were neutral about Rarible. These sentiments are based on 285 tweets.

On Reddit, Rarible was mentioned in 133 Reddit posts and there were 249 comments about Rarible. 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

788 people

Volume rank

#192

Average Sentiment

3.1 out of 5

Twitter

Reddit

Posts

133

Comments

249

Post Score

118,661

Comment Score

126,956

Rarible is on the decline this week.

The price of Rarible has increased by 3.21% in the last hour and decreased by 7.63% in the past 24 hours. Rarible’s price has also fallen by 18.00% in the past week. The current price is £2.69 per RARI with a 24-hour trading volume of £970.09K. Currently, Rarible is valued at 92.74% below its all time high of £37.06. This all-time high was the highest price paid for Rarible since its launch.

The current circulating supply of Rarible is 23,834,553.004 RARI which means that Rarible has as total market cap of 23,834,553.004.

FAQ

What is the current price of Rarible?

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

What is the market cap of Rarible?

The current market cap of Rarible is £64.02M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Rarible?

The all-time high of Rarible is £37.06. This all-time high is highest price paid for Rarible since it was launched.

What is the 24 hour trading volume of Rarible?

Over the last 24 hours, the trading volume of Rarible is £970.09K.

What other assets are similar to Rarible?

Assets that have a similar market cap to Rarible include SelfKey, ALTAVA, Pirate Chain, and many others. To see a full list, see our comparable market cap assets.

How many Rarible are there?

The current circulating supply of Rarible is 24 million.

What is the typical holding time of Rarible?

The median time that Coinbase customers hold Rarible before selling it or sending it to another account or address is 11 days.

What is the relative popularity of Rarible?

Rarible ranks 147 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Rarible?

Currently, 100% of Coinbase users are buying Rarible. In other words, 100% of Coinbase customers have increased their net position in Rarible over the past 24 hours through trading.

Can I buy Rarible on Coinbase?

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