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8/20/2022, 5:39:19 AM

Keep an eye on Rijent Coin

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Rijent Coin is on the decline this week.

The price of Rijent Coin has fallen by 41.36% in the past 7 days. The price increased by 17.52% in the last 24 hours. In just the past hour, the price grew by 0.60%. The current price is $0.019359 per RTC. Rijent Coin is 97.35% below the all time high of $0.73.

The current circulating supply is 0 RTC.


What Is Rijent Coin (RTC)?

Rijent Coin is a crypto education platform that seeks to connect worldwide cryptocurrency users. The asset is designed for convenience, time efficiency, and cost-effective usage among the peer-to-peer community. However, the goal of Rijent Coin is to train and educate the community in the areas of finance, utility token, blockchain, and DeFi. The currency also seeks to incentivize the users with a well-thought-out and fair reward plan.

According to the whitepaper, Rijent coin seeks to provide pioneering platforms to industries like advertisement, gaming, travel, and payment. The platform aims to bring liquidity into the market and allows participants to use it. However, the asset has reengineered its index architecture where all indices are grouped to form homogenous pools of assets and given a weight based on the weight of the asset in each index. Rijent Coin then rebalances between asset pools worldwide instead of rebalancing between assets on a local index level. Furthermore, rebalance immediately decreases the computational complexity when creating new assets and when indices with existing assets are created. A new asset is defined as the one not held in the platform protocol. Moreover, the Rijent Coin Index Creator includes different weighting methodologies, curated sector choice, and tracking functionality.

The issues addressed by the platform are the liquid market, volatility, risk to traders, fraudulent activities, insecure transactions, and processing delays. Additionally, Rijent Coin has designed a smart contract platform that provides a Tron-compatible environment to build decentralized applications (DApps). A smart contractis defined as a self-regulated contract with the term of the agreement between traders being directly written into lines of code.

Rijent Coin is a utility tokensymbolized as RTC and is designed on BEP-20. BEP-20 is a token standard for the Binance Smart Chain (BSC), an evolved ERC-20 standard. BSC is a blockchain network that works on dual-chain architecture and empowers users to set up their decentralized apps. The website states that RTC token has a limited supply that many people use for trade, shopping, and general use. Also, the token aims to be a future open-source blockchain-based cryptocurrency with low fees and fast transactions for the next e-commerce.

History of Rijent Coin (RTC)

Shankar Verma is the CEO of Rijent Coin. The token’s maximum total supply is 1,000,000,000 RTC coins. The other founding members include Faheem Al Zamir Buraidi (board of director), Roger Ver (adviser), Aleshaya (financial consultant), and Sanjiv Kumar (marketing head). 

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