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The current real-time price of RAC is $0.0025. In the past 24 hours, RAC has traded between $0.0025 and $0.0025, showing strong market activity. The all-time high of RAC is $1.79, and the all-time low is $0.0024.
From a short-term perspective, the price change of RAC over the past 1 hour is , over the past 24 hours is -0.55%, and over the past 7 days is -0.22%. These figures provide a quick overview of the latest price trends and market dynamics of RAC on LBank.-8.07%
The live price of RAC today is $0.0025, with a current market cap of $0. The 24-hour trading volume is 0.04993152. The price of RAC to USD is updated in real time.
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Before deciding whether to buy or sell RAC, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s RAC technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for RAC.
How much will RAC be worth tomorrow, next week, or next month in ? What about your RAC assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! RAC Price Prediction
To learn more about RAC, consider exploring other resources such as the whitepaper, official website, and other published information:
The $RAC token serves as both a utility and governance token for projects under Racoon Supply. Its primary use currently involves participating in games on Racoon.Bet, an on-chain gaming platform on the Juno Network. As a governance token, it empowers the $RAC DAO, which oversees the token's direction. Future developments for $RAC are anticipated to include on-chain Machine Learning, NFT, and mathematical applications released by the Racoon Supply team, expanding its functional scope within the ecosystem.
The RAC token is integrated across multiple blockchain networks within the expansive Cosmos ecosystem. These networks include Cosmos, Juno, Kujira, Osmosis, and Migaloo. This multi-chain presence allows for broader accessibility and interoperability, enabling users to manage and utilize their RAC tokens across various IBC-enabled platforms within the interconnected Cosmos environment.
Racoon.Bet is a prominent on-chain gaming platform developed on the Juno Network. The $RAC token is central to its operation, frequently used by players for gaming activities. This platform has fostered a substantial gaming community, attracting around 2,900 unique players. Its integration highlights a core utility for the $RAC token, driving engagement and providing a practical application for its holders within the Racoon Supply ecosystem.
In a key technical evolution in July 2023, the original CW20 $RAC token transitioned to a TokenFactory asset on Migaloo ($WHALE). This migration was crucial for enhancing the token's interoperability, transforming $RAC into an IBC asset. This change facilitates seamless transfers across various IBC-enabled chains within the Cosmos ecosystem, significantly improving its utility and flexibility across Racoon Supply's applications and platforms.
The $RAC DAO serves as the dedicated governing body for the $RAC token. It functions as a decentralized autonomous organization, where holders of the $RAC token can participate in decision-making processes. This governance structure allows the community to influence the future direction, development, and operational policies related to the $RAC token, ensuring a community-driven approach to its evolution and management.
The Racoon project has faced several notable challenges. It experienced a substantial loss of mint funds during the Terra ($LUNA / $UST) crash in May 2022. Additionally, the project's contracts were targeted by flashloan exploits, necessitating a complete rework to bolster security and stability. Furthermore, initial attempts to launch NFTs on the SCRT network encountered difficulties due to slow development progress and a lack of suitable tooling, highlighting various hurdles in its journey.
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