Rainicorn crypto: All you need to know
Rainicorn is a deflationary NFT token that enables holders to mint special edition NFTs and trading cards designed by known and rising artists. A trading card game is in the development phase, and the actual fulfilment of NFT products will become an essential component of the platform.
Platform income will be used to offset all carbon emissions from innovative contract transactions within the Ethereum blockchain. Another component will be used to purchase back and burn tokens, creating upward pressure on prices.
It is a one-of-a-kind, multi-faceted platform that has established itself as a centre of innovation in the intersection of NFTs and DeFi, focusing on gamification. Holders can access various products and features by leveraging staking and liquidity provider rewards for foundational $RAINI assets.
Exclusive NFT drops from well-known and highly talented emerging artists, NFT staking and yield farming, and a revolutionary NFT-upgrade protocol is all part of this.
Play-to-earn gaming is also a big focus of the platform, with The Lords of Light coming soon and the first genesis card drop on September 19th.
Who are the founders?
There are two founders of the network, Mindspheres and Artkin.
Mindspheres has previously developed and sold an IT Managed Services Provider to an Australian ASX-listed business. It has co-formed a fintech firm with Artkin that has become a leader in its area over the last four years.
Artkin has over a decade of expertise in financial services and is skilled at applying careful and systematic analysis to the many difficulties and possibilities in the NFT industry.
What are Rainicorns projects?
There are currently four projects going on the network. They are:
An innovative farming system where you can invest the coin to gain rainbows and unicorns, which you can then spend to redeem NFTs.
The Lords of Light
The Lords of Light is an interactive trading card game that combines the fantasy realm and the crypto-verse. The RTLOL genesis release date is September 19th!
It is a testing area for tokens and NFT projects of various sizes.
It is a versatile cross-chain bridge solution that connects tokens on Ethereum and BSC.
How can you buy RAINI?
You cannot buy this coin directly with fiat money. Buying this coin is a two-step process. First, you need to buy coins like Ethereum or Bitcoin and store them in some wallet like Metamask. Then it would be best if you found the exchange on which you can trade it. You can buy it on Coinbase by exchanging the Ethereum or Bitcoin you purchased with the $RAINI.
What can you do with RAINI tokens?
RAINI tokens, ETH/RAINI LP Tokens from Uniswap V2 (not v3), RAINI BSC tokens, and RAINI/BNB LP Tokens from Pancakeswap can now be staked. The RAINI will reward you with Rainbows, whereas Raini LP tokens will reward you with Unicorns. Both points can be redeemed on the platform for NFTs, but Unicorns have exclusive access to some NFTs and are worth more.
The token currently trades at $0.019688, with a 24-hour trading volume of $153,215. Rainicorn crypto has increased by 0.97% in the previous 24 hours. The maximum supply of coins is 500,000,000.
Future price prediction
In 2022, the price might drop to as low as $0.029. It may reach a maximum of $0.032 with an average price of $0.030.
In 2023, the coin may trade as low as $0.042 and as high as $0.050, with an average trading price of $0.043 throughout the year.
According to the projected price and technical indicators, the coin is expected to hit a low of $0.060 in 2024. With an average trading price of $0.063, the price may reach a maximum of $0.073. It is expected to trade around $0.090 and $0.11 in 2025, with an average price of $0.093.
Is Rainicorn crypto a good investment?
There is a far better likelihood that the price of Rainicorn will rise to $0.76 in ten years. Within the following 8 to 10 years, the value of one Raini coin might exceed a minimum price of $0.73 and a maximum price of $0.86. It may provide gains if you hold it for the long term. Nothing is sure in the crypto world. Cryptocurrencies are highly volatile, and you should always do your research before investing in a coin.
Author: Priya Kumari
Priya is a passionate content writer and the co-founder of Finendorse. She is an enthusiastic crypto investor and has a huge interest in the upcoming digitisation age.