Latest Rainbow news
Ethereum wallet Rainbow raises $18 million in round led by Reddit co-founder’s VC fund
Ethereum wallet Rainbow has raised an $18 million Series A led by Seven Seven Six, the VC fund set up by Reddit co-founder Alexis Ohanian. The post Ethereum wallet Rainbow raises $18 million in round led by Reddit co-founder’s VC fund appeared first on The Block.
Rainbow Ethereum Wallet Raises $18M, Led by Reddit Co-Founder Ohanian
The mobile Ethereum wallet app has earned fans—including Alexis Ohanian—for its stylish, streamlined aesthetic.
IRIS Hub’s new Rainbow wallet version supports IBC cross-chain transfers
IRIS Hub, an interchain service infrastructure built with Cosmos-SDK enabling cross-chain interoperability through a unified service model while providing a variety of modules to support DeFi apps, announced its Rainbow Wallet now supports IBC transfers between the Cosmos Hub and IRIS Hub. Specifically, Rainbow Wallet v3.6.0 brings IBC cross-chain transfers into the Rainbow app. Now, […] The post IRIS Hub’s new Rainbow wallet version supports IBC cross-chain transfers appeared first on CryptoNinjas.
About Rainbow
- The highest expected Rainbow Token price in 2021 is $0.000001
- The lowest expected Rainbow Token price in 2021 is $0.00000003
- Rainbow Token expected price fluctuates between $0.0000000230 and $0.0000000394
Rainbow is a community-oriented platform and an ecosystem for creating dApps with low fees. The UK registered project was launched in August 2021. Rainbow combines seven protocols (seven colors of the rainbow) into a single cryptoasset. $RAINBOW, the governance token, runs on the Binance Smart Chain network.
Rainbow Token Technical Analysis
Currently, Rainbow Token is the number one trending coin on Coinmarketcap with a market cap of $23,190,202.
On Coingecko Rainbow Token showed a 45.7% increase in the last 7 days.
Rainbow Token can be traded on the following platforms: PancakeSwap, XT.COM, BitMart.
- Cryptocurrency Name: Rainbow Token
- Ticker Symbol: RAINBOW
- RAINBOW Price: $0.000000028913
- Market cap: $23,190,202
- All-time high: $0.000000047328 (Nov 02, 2021)
- All-time low: $0.000000000000 (Sep 04, 2021)
What is Rainbow Token?
Let’s talk about the seven features, the seven protocols of RAINBOW. Each color is assigned a unique protocol that constitutes the Rainbow tokenomics.
- The red protocol works by burning a part of each performed transaction.
- The orange protocol works by providing a buyback for tokens after each sale.
- The yellow protocol stands for autonomous reflection.
- The green protocol represents the willingness of the team to donate a percentage of each transaction sum to the charity organization chosen by the community.
- The blue protocol stands for liquidity.
- The indigo protocol represents a certain amount of money taken by the development team for business and marketing.
- The violet protocol stands for a built-in reward system for community members.
Analysts' Price Forecasts
Priceprediction.net Rainbow Token Price Prediction
Priceprediction.net predicts an increase in RAINBOW price in the future. The expected price for December 2021 is $0.00000003. In 2022 the Rainbow Token forecast shows a slight increase -- the price may hit the $0.00000005 mark. By 2025 the Rainbow Token price is likely to surpass the current ATH and reach as much as $0.00000015. By 2030 the Rainbow Token price could surpass $0.0000009 and hit a new all-time high of $0.00000095.
Gov.Capital Rainbow Token Price Prediction
As of today, Gov.Capital data indicates that the RAINBOW price may go up to $1.7590455 next year. Thus the platform strongly recommends investing in Rainbow Token or adding the coin to your portfolio. Gov.Capital makes predictions by comparing key variables such as volume, price, and market cycle changes of similar coins.
Digitalcoin Rainbow Token Price Prediction
Digitalcoin indicates that the RAINBOW price will continue to increase in the future. Rainbow Token has good growth potential. In 2021 the price may go up to $0.0000000394. In 2022 it is going to increase up to $0.0000000462. In 2024 RAINBOW could surpass the $0.0000000657 level. In 2025 the RAINBOW price is could reach $0.0000000856. By 2028 the RAINBOW price may hit the $0.0000001258 mark.
Conclusion
As far as we can tell, most experts base their RAINBOW price forecast on the previous positive patterns of the coin. They believe Rainbow Token is a good long-term investment and recommend adding Rainbow Token to the portfolio. However, they are indicating very slow and steady growth. There are no price surges for Rainbow Token expected in the next few years.
Check out the latest MOBOX Price Prediction from analysts.
FAQ
What is the Rainbow Token coin price prediction for 2021?
The RAINBOW price could go up to $0.00000003 before the end of this year.
Is Rainbow Token a good investment?
Yes, most experts believe that Rainbow Token is a good long-term investment, according to the latest positive patterns in the price movements.
What is Rainbow Token?
Rainbow is a community-oriented platform and an ecosystem for creating dApps with low fees. The UK registered project was launched in August 2021. Rainbow combines seven protocols (seven colors of the rainbow) into a single cryptoasset.
What is the expected Rainbow Token price for 2025?
The RAINBOW price is expected to range between $0.0000000856 and $0.00000015 in 2025.
Rainbow Token Price Prediction 2022
We have gathered the latest Rainbow Token price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.
Wallet Investor is prominent that Rainbow Token prices will fall, forecasting a potential bearish trend in 2022. According to the website algorithm, investors may be expecting an average of $0, with a potential maximum of $0, and a minimum of $0.
Conclusion
Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.
FAQ
Is Rainbow Token a good investment?
According to the experts' forecasts, Rainbow Token will be a bad investment.
Does Rainbow Token Have Potential?
The RAINBOW is becoming less popular right now, gradually cryptocurrency is losing ground on Coinmarketcap's market cap ranking. Even though project has developed partnerships with some giants of the cryptocurrency industry, Rainbow Token forecast is negative, It has low potential.
How much will Rainbow Token be worth in 2022?
In 2022 the price of RAINBOW is expected to reach $0, based on the forecasting from various sources.