Convert and Swap Ramifi Protocol RAM to United States Dollar USD
RAM/USD: 1 Ramifi Protocol equals $0.0214 USD
Ramifi Protocol (RAM) is not tradable on Coinbase.
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Last update: 7:47 PM, December 23, 2024
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Ramifi Protocol market latest
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Ramifi Protocol is falling this week.
The current price of Ramifi Protocol is $0.0214 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 risen by $519.75 in the last 24 hours, which is a 6.02% increase. Additionally, in the last day, $8,636.44 worth of RAM has been traded.
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About Ramifi Protocol
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 and United States Dollar 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.
Frequently asked questions
How much is 1 Ramifi Protocol in USD?
Right now, 1 Ramifi Protocol is worth about $0.0214.
How much RAM could I buy for 1 USD?
Based on the current rate, you could get 46.74 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 increased.
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 233.71 RAM. Inversely, 5 RAM will cost about $0.11
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.
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RAM to United States Dollar conversion tables
The exchange rate of Ramifi Protocol is increasing.
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 46.74 RAM while $50.00 USD would convert to 2,337.09 RAM, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.53%. Meanwhile, in the last 24 hours, the rate has changed by 3.77%, and that the the highest exchange rate of 1 RAM to United States Dollar was $0.0245 USD and the lowest 24 hour value was 1 RAM for $0.0084 USD. This time last month, the value of 1 RAM was $0.02 USD, which is a 9.67% increase from where it is now. Looking back a year, Ramifi Protocol has changed by $0.02 USD.
RAM to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.0235 USD | 3.77% | $0.0228 USD | -4.53% | $0.0239 USD | -9.67% | $0.0153 USD | 56.85% |
RAM to USD
Amount | Today at 7:47 pm |
|---|---|
0.5 RAM | $0.0107 |
1 RAM | $0.0214 |
5 RAM | $0.1070 |
10 RAM | $0.2139 |
50 RAM | $1.0697 |
100 RAM | $2.1394 |
500 RAM | $10.6970 |
1,000 RAM | $21.3941 |
USD to RAM
Amount | Today at 7:47 pm |
|---|---|
0.5 USD | 23.37 RAM |
1 USD | 46.74 RAM |
5 USD | 233.71 RAM |
10 USD | 467.42 RAM |
50 USD | 2,337.09 RAM |
100 USD | 4,674.19 RAM |
500 USD | 23,370.93 RAM |
1,000 USD | 46,741.86 RAM |
Today vs. 24 hours ago
Amount | Today at 7:47 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 RAM | $0.0107 | $0.0117 | -8.84% |
1 RAM | $0.0214 | $0.0235 | -8.84% |
5 RAM | $0.11 | $0.12 | -8.84% |
10 RAM | $0.21 | $0.23 | -8.84% |
50 RAM | $1.07 | $1.17 | -8.84% |
100 RAM | $2.14 | $2.35 | -8.84% |
500 RAM | $10.70 | $11.73 | -8.84% |
1,000 RAM | $21.39 | $23.47 | -8.84% |
Today vs. 1 month ago
Amount | Today at 7:47 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 RAM | $0.0107 | $0.0120 | -10.67% |
1 RAM | $0.0214 | $0.0239 | -10.67% |
5 RAM | $0.11 | $0.12 | -10.67% |
10 RAM | $0.21 | $0.24 | -10.67% |
50 RAM | $1.07 | $1.20 | -10.67% |
100 RAM | $2.14 | $2.39 | -10.67% |
500 RAM | $10.70 | $11.97 | -10.67% |
1,000 RAM | $21.39 | $23.95 | -10.67% |
Today vs. 1 year ago
Amount | Today at 7:47 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 RAM | $0.0107 | $0.0077 | +39.82% |
1 RAM | $0.0214 | $0.0153 | +39.82% |
5 RAM | $0.11 | $0.0765 | +39.82% |
10 RAM | $0.21 | $0.15 | +39.82% |
50 RAM | $1.07 | $0.77 | +39.82% |
100 RAM | $2.14 | $1.53 | +39.82% |
500 RAM | $10.70 | $7.65 | +39.82% |
1,000 RAM | $21.39 | $15.30 | +39.82% |
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