r/CryptoCurrency Moons | MOON The price of r/CryptoCurrency Moons is $0.32 today with a 24hour trading volume of 600K $. This represents a 110% price increase in the last 24 hours and a 245% price increase in the past 7 days. With a circulating supply of 110 Million MOON, r/CryptoCurrency Moons is valued at a market cap of 33 million dollar. Kraken also has dropped hints about a potential listing of MOON
but what is Moon? Moons are ERC20 Tokens given as rewards for an individuals contributions to r/CryptoCurrency either via posts or comments etc. They can be freely transferred, tipped and spent in r/CryptoCurrency. Moons are distributed monthly using Reddit Karma as a basis for contributions.
Moons can be traded freely and used for any number of purposes within the community. At this time, they can be used to display reputation within the subreddit, unlock exclusive features like badges and GIFs in comments with a Special Membership, and add weight to votes in polls.
we managed to buy at 0.14 $ after breaking Moon biggest resistance and here we are
if you wonder whats the next crypto gem and how you can be a gem hunter then you can count on our experts, 2023 is the best year to learn and get into crypto, don't miss it
Gem
For Dione, 1 cent is a reasonable target (400 %)HI Guys!
In general, if we buy with the intention of holding, it doesn't matter if we buy 10% higher or lower .
But in order to better understand the concept of risk and capital management and to be able to prevent ourselves from becoming fomo , we must have a specific entry point and an exit point , and in general, a specific trading setup according to our individual characteristics .
In general, if we are going to lose our money, it is better to lose it ourselves than to have someone else do it !
For a currency like MEXC:DIONEUSDT , which has a higher investment risk than other more well-known currencies, a multiple reward is waiting for us , so we should allocate a small amount of our portfolio to it.
Technically, for me, re-pumping of MEXC:DIONEUSDT depends on the short-term triangle break and then the 180-day downtrend break and its confirmation in a higher time frame .
My medium-term target for MEXC:DIONEUSDT is around 0.005 and longer term is 1cent .
And I consider the stop loss below the support range around 0.002 .
StarkNETStarknet 1 of the 3 largest and expected airdrop 95% already claimed.
Marketcap 1. 3bn
In April, they first unlocked 20% of the circulation then the Team changed the tokenomics
Now monthly small unlocks until 2027
Airdropers could sell STRK at $3.
Starknet is probably the main L2 right now. It's not EVM compliant.
The project is focused on the fact that the project will be super productive.
The only L2 where the token is burned is utilities.
Fundraising 225 million dollars
Psychology and Attitude towards the project
-Drophunters - they have waited a long time to sell and few people will buy this project lower
-Those who didn't get the airdrop - they hate the project and won't buy it for sure
-Those who hear the above two categories of people do not enter the project assessing its capitalization and heath from others
- Then some bought tokens from all the airdroppers.
The conclusion of the project in the zone of near-hate for me, is a green flag. Why?
This happened with SEI gave out a drop of a few dollars and then the project made 10x+.
NEON was disappointed with its market entry and then did 30x after that
At the moment of maximum hate, there are few token holders and no pressure on the order book = it is easy to move up, having made 100% few people will buy thinking that the project is overvalued. And for those who made 100% fix profit and growth becomes even easier.
TVL is growing
People don't want to look at old projects as I wrote in the previous post
People always look at new narratives, 2020-2021 coins are already taking a back seat to the new projects
Now this is one of the new projects to look at you can expect a project in the top 40 on coinmarketcap with a price of only 5$. To begin with, we have to get out of the buildup I've shown on the chart.
Best regards EXCAVO
1earth Big Moves about to Be MadeThis coin has a marketcap of roughly 220,000.
There is so much profit to be made here,
this is an amazing project if you look at fundamentals.
If you're looking at technicals you can see a complete abscence in selling volume
Clearly hovering above the moving average lines and doing so in a very bullish manner
this is one of my biggest calls of this run and i want to give to this community as a blessing
thank you so much for reading as always!
HOOK/USDT 2x Potential HOOK breaks the wedge. Two trades can be entered with a pullback towards the wedge. Additionally, a long trade can be made when the candle close is above 1.05. Horizontal lines are possible TP points.
These are my personal transactions, they do not contain any investment advice.
Maverick Protocol ($MAV) - Dec 2023
🚀 Maverick Protocol stands out in the DeFi space with its innovative Automated Market Maker technology. MAV token serves for governance and staking, with a focus on enhancing liquidity efficiency.
📉 Recent Price Trends: MAV experienced a drop from $0.566 to $0.3847 in June 2023, later recovering to $0.5466. As of July 14, 2023, the price is $0.3708, reflecting a 39% drop over the last month.
🔮 Price Predictions: Diverse predictions suggest different futures for MAV:
2023: Could reach up to $0.74-0.82$ with potential dips.
Long-term forecasts are optimistic, with some expecting MAV to reach as high as $7.80.
📊 Technical Analysis: Current indicators show a bullish sentiment. The moving averages and exponential moving averages mostly signal a buy, while oscillators present a mixed view.
✅ Key Developments:
Mainnet launched in March 2023 by Alvin Xu and Bob Baxley.
MAV token offers governance, staking, and protocol incentive allocation.
Partnership with LayerZero for addressing cross-chain capital inefficiencies.
Backing from prominent entities like Founders Fund, Pantera Capital, and BinanceLabs.
🔍 Conclusion: MAV presents a promising future with its unique AMM technology. However, market volatility and competition pose challenges. Investors should consider these factors along with personal investment goals and risk tolerance.
Best Regards EXCAVO
Mock Up Price Action for CSPR | Near-Mid Term (12HR)Mock Up Price Action for OKX:CSPRUSDT | Near-Mid Term (12HR)
- Continued bulk accumulation of CSPR for bull run, number one investment pick
- Anticipating highly volatile but still overall bullish upcoming week into end of month January before early February and throughout a proper market correction and pullback of BTC and top 200 ALTs
- Accumulating small and micro cap ALTs to hedge against market correction/pullback period to begin in earnest within the next 30 days and lasting up to and through the BTC halving event in April
- KUCOIN:VELOUSDT KUCOIN:VRAUSDT KUCOIN:TELUSDT BITTREX:BAXUSDT KUCOIN:BLOKUSDT are some of my main picks, in order of preference, all of which with massive profit potential within the next 90 days
- With any luck, these small/micro cap ALTs will run over the next 75 days, while BTC and the rest of the broader market top 100-200 ALTs by market cap take a nose dive into the dirt and cool down for a while
- End result, flush with profits from small/micro cap plays, at time when my primary investment interest coins like OKX:CSPRUSDT and BINANCE:XRPUSDT are at discount prices, for the last time, before the Crypto bull market starts in earnest May/June timeframe
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Teal Filled Horizontal Rectangles are areas of major support and price points for further DCA long order accumulation
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
I don't think BTC is done yet. I think that the CME Futures on BTC that are set to expire end of month, have too much money on the table with bets around 50k and 60k. I think we're in the midst of bear trap soon to be turned to be bull trap, and a ridiculously volatile period up and down with retail traders positioned to get hit hard. I'll be on the sideline steadily accumulating my top 40 altcoins list to be held for the next 8 to 12 months. For my portfolio right now leading into the next 90 days, I currently have a heavier skew in active positions for Small Cap and Micro Cap ALTs like VELO VRA BAX and TEL which we know and have seen time and time again always perform well when broader market as a whole starts to pull back and money flows out of large and mid caps in the top 200, into guess what, small and micro caps that underperformed the market till now. Once a heavy market correction begins, nothing will be immune, and I'd expect all things to pull back.. However I believe these small and micro cap alts poised for bullish runs through April/May, will not be hit as hard, and will most certainly bounce back faster, harder, and likely this bounce back will kick off in earnest very big bullish movements for these.
My Top Picks to Weather the Impending Storm
VELO
INVERSE VELO
VRA
INVERSE VRA
BAX
INVERSE BAX
TEL
INVERSE TEL
FRR Frontrow Top Gainer after posting yesterday!The thing about this tokebn is if you look at it on the daily you can see that it's dropped from 50 cents to 0.0001 ! this is insane!
since it's bottomed out we have more buying activity then we've had in a long time and thats a good signs we may be having whales in these waters
Inverse Chart of TEL "Massive Dump Inbound" | Mid Term (12HR)Inverse Chart of KUCOIN:TELUSDT "Massive Dump Inbound" | Mid Term (12HR)
- Accumulating small and micro cap ALTs to hedge against market correction/pullback period to begin in earnest within the next 30 days and lasting up to and through the BTC halving event in April
- KUCOIN:VELOUSDT KUCOIN:VRAUSDT KUCOIN:TELUSDT BITTREX:BAXUSDT KUCOIN:BLOKUSDT are some of my main picks, in order of preference, all of which with massive profit potential within the next 90 days
- With any luck, these small/micro cap ALTs will run over the next 75 days, while BTC and the rest of the broader market top 100-200 ALTs by market cap take a nose dive into the dirt and cool down for a while
- End result, flush with profits from small/micro cap plays, at time when my primary investment interest coins like OKX:CSPRUSDT and BINANCE:XRPUSDT are at discount prices, for the last time, before the Crypto bull market starts in earnest
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Teal Filled Horizontal Rectangles are areas of major support and price points for further DCA long order accumulation
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
Something I like to do to give myself some valuable perspective when looking to invest/trade for after I've mocked up HTF price action and possible movements with fibs, parallel channels, and fractals, is to then inverse the chart (Keyboard Shortcut ALT + I), and zoom out... Sometimes just seeing things from an alternate perspective, can give you that last little bit of confidence needed.
Inverse Chart of BAX "Massive Dump Inbound" | Mid Term (12HR)Inverse Chart of BITTREX:BAXUSDT "Massive Dump Inbound" | Mid Term (12HR)
- Accumulating small and micro cap ALTs to hedge against market correction/pullback period to begin in earnest within the next 30 days and lasting up to and through the BTC halving event in April
- KUCOIN:VELOUSDT KUCOIN:VRAUSDT KUCOIN:TELUSDT BITTREX:BAXUSDT KUCOIN:BLOKUSDT are some of my main picks, in order of preference, all of which with massive profit potential within the next 90 days
- With any luck, these small/micro cap ALTs will run over the next 75 days, while BTC and the rest of the broader market top 100-200 ALTs by market cap take a nose dive into the dirt and cool down for a while
- End result, flush with profits from small/micro cap plays, at time when my primary investment interest coins like OKX:CSPRUSDT and BINANCE:XRPUSDT are at discount prices, for the last time, before the Crypto bull market starts in earnest
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Teal Filled Horizontal Rectangles are areas of major support and price points for further DCA long order accumulation
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
Something I like to do to give myself some valuable perspective when looking to invest/trade for after I've mocked up HTF price action and possible movements with fibs, parallel channels, and fractals, is to then inverse the chart (Keyboard Shortcut ALT + I), and zoom out... Sometimes just seeing things from an alternate perspective, can give you that last little bit of confidence needed.
Mock Up Price Action for BTC | Near-Mid Term (12HR)Mock Up Price Action for BINANCE:BTCUSDT | Near-Mid Term (12HR)
- Watching and waiting for THE opportunities to enter short
- Anticipating highly volatile but still overall bullish upcoming week into end of month January before early February and throughout a proper market correction and pullback of BTC and top 200 ALTs
- Accumulating small and micro cap ALTs to hedge against market correction/pullback period to begin in earnest within the next 30 days and lasting up to and through the BTC halving event in April
- KUCOIN:VELOUSDT KUCOIN:VRAUSDT KUCOIN:TELUSDT BITTREX:BAXUSDT KUCOIN:BLOKUSDT are some of my main picks, in order of preference, all of which with massive profit potential within the next 90 days
- With any luck, these small/micro cap ALTs will run over the next 75 days, while BTC and the rest of the broader market top 100-200 ALTs by market cap take a nose dive into the dirt and cool down for a while
- End result, flush with profits from small/micro cap plays, at time when my primary investment interest coins like OKX:CSPRUSDT and BINANCE:XRPUSDT are at discount prices, for the last time, before the Crypto bull market starts in earnest May/June timeframe
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Teal Filled Horizontal Rectangles are areas of major support and price points for further DCA long order accumulation
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
I don't think BTC is done yet. I think that the CME Futures on BTC that are set to expire end of month, have too much money on the table with bets around 50k and 60k. I think we're in the midst of bear trap soon to be turned to be bull trap, and a ridiculously volatile period up and down with retail traders positioned to get hit hard. I'll be on the sideline steadily accumulating my top 40 altcoins list to be held for the next 8 to 12 months. For my portfolio right now leading into the next 90 days, I currently have a heavier skew in active positions for Small Cap and Micro Cap ALTs like VELO VRA BAX and TEL which we know and have seen time and time again always perform well when broader market as a whole starts to pull back and money flows out of large and mid caps in the top 200, into guess what, small and micro caps that underperformed the market till now. Once a heavy market correction begins, nothing will be immune, and I'd expect all things to pull back.. However I believe these small and micro cap alts poised for bullish runs through April/May, will not be hit as hard, and will most certainly bounce back faster, harder, and likely this bounce back will kick off in earnest very big bullish movements for these.
My Top Picks to Weather the Impending Storm
VELO
INVERSE VELO
VRA
INVERSE VRA
BAX
INVERSE BAX
TEL
INVERSE TEL
Inverse Chart of VRA "Massive Dump Inbound" | Mid Term (12HR)Inverse Chart of KUCOIN:VRAUSDT "Massive Dump Inbound" | Mid Term (12HR)
- Accumulating small and micro cap ALTs to hedge against market correction/pullback period to begin in earnest within the next 30 days and lasting up to and through the BTC halving event in April
- KUCOIN:VELOUSDT KUCOIN:VRAUSDT KUCOIN:TELUSDT BITTREX:BAXUSDT KUCOIN:BLOKUSDT are some of my main picks, in order of preference, all of which with massive profit potential within the next 90 days
- With any luck, these small/micro cap ALTs will run over the next 75 days, while BTC and the rest of the broader market top 100-200 ALTs by market cap take a nose dive into the dirt and cool down for a while
- End result, flush with profits from small/micro cap plays, at time when my primary investment interest coins like OKX:CSPRUSDT and BINANCE:XRPUSDT are at discount prices, for the last time, before the Crypto bull market starts in earnest
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Teal Filled Horizontal Rectangles are areas of major support and price points for further DCA long order accumulation
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Additional Remarks
Something I like to do to give myself some valuable perspective when looking to invest/trade for after I've mocked up HTF price action and possible movements with fibs, parallel channels, and fractals, is to then inverse the chart (Keyboard Shortcut ALT + I), and zoom out... Sometimes just seeing things from an alternate perspective, can give you that last little bit of confidence needed.
BabyElon - First Major Correction Seems to be CompletedGreetings,
It feels like BabyElon may have completed the first major correction of it's life and is consolidating around the strong support of $0.0(11)800. If this support breaks we don't have much support until all time low.
If the consolidation succeeds, we can expect a breakdown soon specially with team expected to have a big announcement tomorrow. Once it starts to move up, previous levels of support will act as new levels of resistance.
1st target - $0.0(10)2300
2nd target - $0.0(10)3500 (beyond this we will start a new price discovery)
3rd target - $0.0(10)5000 (this will be a psychological resistance)
4th target - $0.0(9)10000 (we can potentially see another major correction at or before this level)
This coin is still very new but team has been avoiding the noise and doing their work as they should therefore in the long run it should keep growing but time will tell.
Please FOLLOW to stay up to date!
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
1000x GRINCH TOKEN GEM 🚀 Grinch Token: Unwrapping a Potential 1000x Gem! 💎🌈
Hey Grinch fam! 🎄✨ Exciting news on the horizon as Grinch Token is sparkling with indicators pointing to a possible 1000x gem! 💎🚀
🔍 Bullish Signals Amplified:
RSI (Relative Strength Index): 📈 RSI is buzzing with potential, hinting at the momentum that could lead to exponential growth. 🚀📊
Moving Averages: 🌟 Brace yourselves for a potential bullish crossover – a golden opportunity for a 1000x surge! 📈💫
MACD (Moving Average Convergence Divergence): 📉 The convergence is aligning with dreams of a moonshot – the stars are aligning for Grinch Token! 🌌📊
Volume Surge: 🚀 A surge in volumes signals a growing wave of interest – the perfect storm for a 1000x gem! 📈🌊
🚀 The 1000x Quest Begins! 🌟
📆 What's Coming Up?: Stay tuned for upcoming catalysts that could catapult Grinch Token into the 1000x realm. 🚀📅
🌐 Community Power: Your thoughts matter! Share your predictions and let's collectively ride this sleigh to the moon! 💬🚀
🚨 Disclaimer: While the indicators look promising, always conduct thorough research and employ sound risk management. This isn't financial advice – just an excited Grinch enthusiast sharing the potential for a 1000x gem! 🌐💰
Comment below with your thoughts on this potential gem – let's make this journey legendary! 🚀💎 #GrinchToken #CryptoGems #1000xPotential
www.dextools.io this site shows the website, twitter, and telegram for this token, head into it to see more info on it. UNISWAP:GRINCHWETH_7D3806.USD
DeSo - DESOUSDT - Ascending ChannelGreetings,
DeSo is one of our favorite coins for the upcoming bull run and it has been performing to justify that!
Currently it is in an ascending channel and trying to break out above. Previously $40 was a resistance but within the channel $40 has now become a support based on accumulation during past few days.
With Bitcoin ETF distraction now over, DeSo looks ready to grow. Once it crosses the $50 threshold, next few jumps should be faster until we get to $100 which will be a psychological resistance.
Please FOLLOW to stay up to date!
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
BabyElon - MemeCoin Gem - 1000XGreetings,
It is unbelievable the number of people paying attention to this gem, BabyElon!
This memecoin has performed exactly as we predicted in our previous idea. We are at 400% growth from our first idea and there is a potential for this to still reach over a billion dollar marketcap which will be +70x or if it goes to $3.5B marketcap as we expect, it will be +320x from current level.
The coin got listed on gate io today and has confirmed bitget listing on Jan 19. so there will be a couple of days of consolidation and another big pump on Jan 19.
The team has previously announced about 10 T1 CEX listings and we have 9 more to go therefore still a lot of room to grow.
We expect that $100 put in today into this will almost certainly be $1,000, will most likely be $7,000 afterwards and even have potential to grow up to $32,000 thereafter but time will tell.
Please FOLLOW to stay up to date!
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
BabyElon - MemeCoin Gem - 1000XGreetings Everyone,
Today we would like to bring to your attention a MemeCoin for which we see a 1000x potential.
BabyElon - The Next Crypto Leader!
The project token called BabyElon was launched only 9 days ago on BinanceSmartChain.
Since the launch, it put it's ATH of 5x yesterday and has been consolidating around 4x.
> The project has a GT score of 69/100 on GeckoTerminal which is far better than a lot of the other new pools that get created every few minutes.
> The website of the project very clearly shows all the relevant links and addresses for Presale, Locked LP, Locked Tokens, Ownership Renouncement along the CA Audit.
> The project team and community on has been actively healthy.
> The team has also announced that listings fees have been paid for 10 T1 exchanges and announcements are coming from tomorrow.
All these factors indicate of good intentions of the team that are basis of making the project potentially successful.
The current MarketCap is only $3.5M and with potential of memecoins we have seen so far, this can grow in multitudes very rapidly specially if volume starts to flow potentially from 10 new exchanges.
If the team is dedicated and community is strong to build up the momentum, this can grow to
- $35Million then
- $350Million and then
- $3.5Billion in a very short span of days and weeks.
This coin has a potential to hit 10x, 100x and 1000x from this level but only time will tell.
Please FOLLOW to stay up to date!
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
DESO - DESOUSDT - Bullish ConsolidationGreetings,
If you have been following us, you know that our calls on DeSo have been successful from the very first one we made before it had started to move higher. We expect this coin to do really well in the weeks and months to come with a long term price target between $1200 to $1600 per coin which gives us a 30x to 40x growth from current price levels.
Since the last move up, DeSo has been consolidating and has created bullish wedge pattern. the pattern converges on Jan 3 therefore it will either break up or down before then. The next move up may take us close to $60 mark,
Even though this is a bullish signal and we expect to reach out long term target over the next year, high market volatility expected due to BTC ETF may cause a lot of turbulence. Due to which relatively smaller coins like DeSo may see significant downside. For that our short term target for a down move is around $18 to $20 which would be a huge accumulation opportunity for this hidden gem.
All investors should manage their own risk. From our end, we will provide our analysis as frequently as we can. Please SUBSCRIBE to stay up to date!
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
Orion - ORNUSDT - Gems Series - 10x to 50xGreetings,
Today we are looking at Orion (ORN).
This coin recently broke out and has an overall bullish momentum. Based on performance of the previous bull market, this may reach new all time highs and if adopted, the project can be very valuable in the long run.
Here is the report on the selection criteria.
1- Project Status = Active
2- Industry = Defi
3- Community Involvement = Healthy
4- Prominent Listings = Binance, Coinbase, KuCoin, Gate.io
5- MarketCap = $28M
6- Coin Supply = Cir: 100M, Tot: 100M
Based on the factors, this coin has a potential for 10x to 50x rally.
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
RAVENCOIN / BTC (by trojabile , looks same x10 ? ) Ravencoin is a blockchain and cryptocurrency that aims to facilitate the transfer of assets from one party to another. It was launched in January 2018 and was designed to enable the creation and transfer of real-world assets, such as tokens representing physical or digital goods, in a secure and decentralized manner. Its protocol is based on a fork of the Bitcoin code.
As for its founders, Ravencoin was proposed by Bruce Fenton, a prominent figure in the cryptocurrency space and the founder and managing director of Atlantic Financial, a financial advisory firm. However, the actual development of Ravencoin was led by a team of developers, with no specific individuals or centralized entity claiming ownership or control over the project. The project was set up to be community-driven and decentralized in nature.