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TürkçeReserve Rights Information
Reserve Rights is a dual-token cryptocurrency platform designed to maintain stable value and facilitate easier transactions across various currencies. It employs a unique mechanism involving the Reserve token for stability and the Reserve Rights token for governance and utility. This system aims to provide a decentralized, stable currency that can be used globally, effectively addressing issues of volatility and accessibility in traditional markets.
Understanding Reserve Rights: A Stablecoin Facilitator
Reserve Rights (RSR) is a dual-token system with a unique approach to addressing issues in the cryptocurrency space, particularly focusing on stability and full-stack economic governance. It serves as a crucial part of the Reserve Project, which aims to create a stable universal currency based on shared power and regulatory compliance.
Historical Performance and Development
In its history, Reserve Rights has experienced significant volatility, characteristic of many crypto assets. The coin hit its all-time high of $0.117424 on April 16, 2021 amidst the broader cryptocurrency market surge. However, like many cryptos, RSR has since seen its price decline substantially, currently trading at around $0.00668657, which represents a decrease of over 94% from its peak.
Conversely, RSR's all-time low was reached on March 16, 2020, at $0.00121354, marking a period during the early global pandemic sell-offs. Since then, RSR's value has grown by over 455%, highlighting its capacity for recovery and growth within the crypto ecosystem.
Advantages of Reserve Rights
The Reserve Rights token plays an integral role in stabilizing the Reserve Token (RSV), a stablecoin that can maintain its value in contrast to the usual volatility of cryptocurrencies. This stability is advantageous for users seeking a reliable store of value or medium of exchange.
RSR also affords holders governance rights, allowing them to vote on crucial protocol changes. This decentralization aspect ensures that the ecosystem evolves in alignment with stakeholder interests, promoting a transparent and democratic decision-making process.
Challenges Facing Reserve Rights
Despite its unique model, Reserve Rights faces challenges that may hinder its progress. A key concern is its dependency on broader market conditions – significant cryptocurrency market fluctuations can impact RSR's value disproportionately.
Another challenge is regulatory uncertainty. Reserve Rights, like many crypto projects, must navigate evolving regulatory landscapes that can affect how they operate and expand. As governments start clamping down on crypto regulations, it could impact RSR’s growth potential.
The Future Outlook
Looking ahead, Reserve Rights has the potential to carve out a significant niche as a facilitator of stablecoins, particularly in economies with volatile local currencies. Its dual-token model could offer a blueprint for maintaining stability in decentralized finance systems, which could attract more users seeking refuge from volatility.
Moreover, continued developments and partnerships in the DeFi space could enhance RSR's adaptability and utility, adding to its attractiveness as a governance and stabilization tool. However, potential investors should remain cautious of market risks and regulatory developments that could test Reserve Rights' growth trajectory.
In conclusion, despite its challenges, Reserve Rights offers compelling features that contribute to a diversified crypto portfolio. With its focus on stabilization and governance, RSR may continue to play a pivotal role in the evolving digital financial landscape.
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from price
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General Information |
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Title
Reserve Rights
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Symbol
rsr
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Whitepaper
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Website
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Community
-
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Last Updated
2025-01-21 23:51
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Price Data |
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Current Price $
0.0136487
$
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High 24h
0.01391186
$
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Low 24h
0.01264731
$
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Price Change 24h
0.00011193
$
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Price Change % 24h
0.82687
%
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Market Data |
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Market Cap
734830282
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Total Volume
110765759
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Market Cap Change 24h
-4151760.8861676
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Market Cap Change % 24h
-0.56182
%
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Return on Investment (ROI)
1140.7908944387
%
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Supply and Availability |
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Circulating Supply
53834088904
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Total Supply
100000000000
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Max Supply
100000000000
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Historical Data |
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All Time High (ATH)
0.117424
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ATH Change %
-88.37951
%
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ATH Date
2021-04-16 17:45
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All Time Low (ATL)
0.00121354
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ATL Change %
1024.41018
%
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ATL Date
2020-03-16 11:09
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