ResearchCoin is an innovative platform designed to streamline the process of research funding and collaboration in the blockchain space. By enabling researchers and institutions to tokenize their projects, it facilitates more accessible investment opportunities while promoting transparency and accountability. This coin not only supports scientific advancement but also empowers communities to participate in the decision-making process regarding the allocation of funds.
ResearchCoin, symbolized as RSC, has generated considerable attention within the cryptocurrency community, particularly for its innovative approach to monetizing research efforts. This article delves into the historical performance of ResearchCoin, examines its advantages and disadvantages, and considers its future prospects.
ResearchCoin was launched in late 2022, quickly making an impression with its unique value proposition aimed at the research and development sector. The coin started from a humble all-time low (ATL) of approximately $0.0031 just a few weeks after its debut. However, it has since witnessed remarkable growth, peaking at an all-time high (ATH) of $1.48 in early January 2025.
The trajectory from ATL to ATH represents an astounding price change of over 46,000%, showcasing the coin's potential and the interest it has garnered. The significant price volatility over the last two years has captivated traders and investors alike, demonstrating the coin's ability to oscillate drastically in response to market conditions.
One of the primary benefits of ResearchCoin is its niche focus on enhancing and monetizing research initiatives. This distinct position may foster strong partnerships with academic and research institutions which could drive demand and utility for the coin.
Moreover, ResearchCoin's current market capitalization of approximately $137.8 million, paired with a trading volume of around $957,675 in the last 24 hours, indicates that the project has established a credible presence in the market. This, along with a circulating supply of about 95.5 million coins against a total supply of 1 billion, suggests a balanced approach towards growth and scarcity.
Additionally, the impressive price rise of over 20% in a recent 24-hour period signals robust trading interest and provides a strong indicator of market confidence in the cryptocurrency.
Despite its advantages, ResearchCoin is not without challenges. Like many cryptocurrencies, it must navigate regulatory scrutiny, especially considering its links to academic and research activities which may be subject to different compliance frameworks. Moreover, the volatility that characterizes cryptocurrency markets could also pose risks for investors who seek stability.
The reliance on external partnerships for its success could be seen as a limitation. If key collaborations falter, it might hinder the coin's adoption and utilization in the research sector. Furthermore, any adverse market conditions could negatively impact the price and public perception of ResearchCoin, potentially leading to dramatic fluctuations.
Looking ahead, the future of ResearchCoin appears promising, contingent on a few key factors. As the importance of research and data-driven decision-making continues to rise, ResearchCoin could fit well into the evolving landscape, especially if it solidifies collaborations within the academic and scientific communities.
Market trends suggest that cryptocurrencies focused on real-world applications, such as ResearchCoin, may see continued growth. If the coin can further enhance its use case and broaden its reach, it may well secure a more prominent position in the market.
Overall, while potential volatility and external dependencies remain significant considerations, the trajectory of ResearchCoin thus far, coupled with a clear niche focus, lays a solid foundation for its future developments. Investors and stakeholders would be wise to monitor this evolving narrative closely.
from price
$1
|
General Information |
---|
Title
ResearchCoin
|
Symbol
rsc
|
Whitepaper
-
|
Website
|
Community
-
|
Last Updated
2025-01-06 23:59
|
Price Data |
Current Price $
1.25
$
|
High 24h
1.4
$
|
Low 24h
1.24
$
|
Price Change 24h
-0.14891891145556
$
|
Price Change % 24h
-10.67006
%
|
Market Data |
Market Cap
141407338
|
Total Volume
1058297
|
Market Cap Change 24h
7973294
|
Market Cap Change % 24h
5.97546
%
|
Return on Investment (ROI)
-
|
Supply and Availability |
Circulating Supply
113434254.9312
|
Total Supply
1000000000
|
Max Supply
1000000000
|
Historical Data |
All Time High (ATH)
1.51
|
ATH Change %
-15.3644
%
|
ATH Date
2025-01-05 01:15
|
All Time Low (ATL)
0.00308244
|
ATL Change %
41282.92756
%
|
ATL Date
2022-12-27 08:35
|