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Market

Market stats

Market cap

$323,378.71

Volume (24h)

-

Circulating supply

45.7M RYO

All time high

$0.33

Price change (1h)

-0.03%

Price change (24h)

+4.3%

Price change (7d)

+15.02%

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Ryo Currency is on the rise this week.

The price of Ryo Currency has risen by 15.02% in the past 7 days. The price increased by 4.30% in the last 24 hours. In just the past hour, the price shrunk by 0.03%. The current price is $0.0071 per RYO. Ryo Currency is 97.86% below the all time high of $0.33.

The current circulating supply is 45,734,370.203 RYO.

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About

What Is Ryo Currency (Ryo)?

Ryo currency is a blockchain-based decentralized privacy coin. Privacy coins are a type of cryptocurrency that powers private and anonymous transactions by hiding the origin and destination of transactions. Ryo currency is based on a proof-of-work consensus mechanism.

Ryo inherits the whitepaper from the cryptonote and Monero Research Lab as the currency is a fork of Monero. Also, Ryo aims to become a privacy-focused cryptocurrency that users can easily use. The privacy setting in Ryo currency aims to make it suitable for confidential transactions. The fungible nature of Ryo currency seeks to protect it from getting traced, monitored, or identified.

Ryo currency also has wallets like Ryo wallet Atom and Web Wallet Quaser. The wallets are available on both the platforms, such as PC and phone. The Ryo currency also aims to work with other payment gateways to ease payment amongst the merchants with the name Woocommerce Gateway. The Ryo currency platform also has a Ryo Business Room channel to build a community of people interested in the Ryo currency. Merchants and traders can trade in this room and work together.

Ryo was built with a long-term vision. The majority of the coins are to be distributed within a span of 20 years. Ryo currency aims to become a cryptocurrency that can be used even by average users and is limited to developers. Hence, as per the website, the primary focus areas aim to be:

  • To develop and maintain the wallets.

  • Working along with other payment gateways to make Ryo a feasible currency amongst the merchants.

  • To get in touch with the advertisers to spread awareness.

  • To improve speed, privacy, untraceability, and coin security. Although Ryo currency is a fork of Monero, the main focus is to seek to build a secure cryptocurrency. This is done by enabling a larger ring size to support the old payment ID system. As privacy is the core proposition of Ryo, the sending and receiving addresses are encrypted. The original RYO address is hidden from the senders via a disposable ghost address. Ryo also seeks to provide a new ghost address for every transaction which means the users do not use the same address twice.

History of Ryo Currency (Ryo)

Ryo was launched by the lead developers Fireice_UK, psychocrypt and Mosu_Forge. Ryo as a fork of Monero is based on the CryptoNote protocol. The credit for Ryo currency is also given to Nicolas van Saberhagen and the CryptoNote team. The total supply of Ryo currency is 88,188,888 coins in 20 years and 263,000 coins each year for inflation.

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Reading List

News

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delphiDigital • Jun 02, 23

Vitalik’s Warning

Ethereum is known to be the most secure layer-1 blockchain. Part of the reason why it has attracted so much volume and liquidity is due to the security it can provide to applications that deploy on it. Currently, there are many Actively Validated Services (AVS) that benefit from Ethereum's security and liquidity. The post Vitalik’s Warning appeared first on Delphi Digital.

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CoinDesk • Jun 02, 23

Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain

The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network.

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CoinDesk • Jun 02, 23

U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K

Continued strong gains in monthly employment figures have added to the Fed's case for rate hikes.

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FAQ

What is the current price of Ryo Currency?

We update our Ryo Currency to USD currency in real-time. Get the live price of Ryo Currency on Coinbase.

What is the market cap of Ryo Currency?

The current market cap of Ryo Currency is $323.38K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Ryo Currency?

The all-time high of Ryo Currency is $0.33. This all-time high is highest price paid for Ryo Currency since it was launched.

What is the 24 hour trading volume of Ryo Currency?

Over the last 24 hours, the trading volume of Ryo Currency is $0.00.

What other assets are similar to Ryo Currency?

Assets that have a similar market cap to Ryo Currency include Swarm, AirNFTs, Playermon, and many others. To see a full list, see our comparable market cap assets.

How many Ryo Currency are there?

The current circulating supply of Ryo Currency is 46 million.

Can I buy Ryo Currency on Coinbase?

No, Ryo Currency is not currently available on Coinbase, but you can sign up to get the latest news on Ryo Currency and be notified when it gets added to our exchange.