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Reserve Rights price

Reserve Rights priceRSR

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Price of Reserve Rights today

The live price of Reserve Rights is $0.01082 per (RSR / USD) today with a current market cap of $582.29M USD. The 24-hour trading volume is $43.33M USD. RSR to USD price is updated in real time. Reserve Rights is 0.04% in the last 24 hours. It has a circulating supply of 53,834,090,000 .

What is the highest price of RSR?

RSR has an all-time high (ATH) of $0.1189, recorded on 2021-04-16.

What is the lowest price of RSR?

RSR has an all-time low (ATL) of $0.001247, recorded on 2020-03-16.
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Reserve Rights price prediction

What will the price of RSR be in 2025?

Based on RSR's historical price performance prediction model, the price of RSR is projected to reach $0.01278 in 2025.

What will the price of RSR be in 2030?

In 2030, the RSR price is expected to change by -6.00%. By the end of 2030, the RSR price is projected to reach $0.02452, with a cumulative ROI of +127.22%.

Reserve Rights price history (USD)

The price of Reserve Rights is +254.04% over the last year. The highest price of RSR in USD in the last year was $0.02669 and the lowest price of RSR in USD in the last year was $0.002109.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+0.04%$0.01055$0.01137
7d-19.91%$0.009173$0.01462
30d+40.79%$0.007690$0.02669
90d+56.93%$0.005359$0.02669
1y+254.04%$0.002109$0.02669
All-time+200.00%$0.001247(2020-03-16, 4 years ago )$0.1189(2021-04-16, 3 years ago )

Reserve Rights market information

Market cap
$582,289,719.83
+0.04%
Fully diluted market cap
$1,081,637,549.16
+0.04%
Volume (24h)
$43,332,936.01
-44.11%
Market rankings
Circulation rate
53.00%
24h volume / market cap
7.44%
Circulating supply
53,834,090,000 RSR
Total supply / Max supply
100B RSR
-- RSR
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Reserve Rights ratings

Average ratings from the community
4.6
101 ratings
This content is for informational purposes only.

About Reserve Rights (RSR)

What Is Reserve Rights?

Reserve Rights is a decentralized financial platform aiming to create a stable and scalable cryptocurrency, the Reserve Stablecoin (RSV), pegged to the U.S. dollar. Launched in 2019, Reserve Rights operates on a dual-token system, consisting of the Reserve Rights Token (RSR) and the Reserve Stablecoin (RSV). The project is built on the Ethereum blockchain and is designed to combat the issues of hyperinflation and currency devaluation in economies worldwide, providing a reliable store of value and medium of exchange. It operates with the conviction that access to stable currency is a fundamental human right and aims to make hyperinflation a relic of the past.

The Reserve Rights project is underpinned by a decentralized protocol, the Reserve Protocol, which allows for the issuance and management of stablecoins without the need for external regulatory monitoring, typically associated with conventional economic models. The Reserve Rights Foundation holds a reserve of over $1 billion in assets to back the value of RSR, ensuring its stability and reliability as a store of value.

Resources

Official Documents: https://reserve.org/protocol/

Official Website: https://reserve.org/

How Does Reserve Rights Work?

The Reserve Protocol employs a dual-token system, consisting of the RSV, a stablecoin pegged to the U.S. dollar, and the RSR, a utility, reward, and governance token. The protocol maintains the value of RSV close to $1 through innovative mechanisms, buying more RSV when its value drops below $1 and selling excess or newly minted RSV when its value exceeds $1. This system ensures stability and reliability, making RSV an attractive option for daily transactions and as a hedge against volatility in traumatized economies.

The Reserve Protocol is designed to be more efficient and secure than traditional centralized stablecoin platforms, allowing users to create their own fully-backed stablecoins, termed as RTokens, redeemable for underlying assets. These RTokens can be created by anyone, providing a diverse and inclusive stablecoin ecosystem. The Reserve App, a major component of the Reserve Rights network, enables users to save, send, and receive money, especially in countries like Venezuela, Colombia, and Argentina, which are experiencing severe hyperinflation.

What Is RSR Token?

RSR is the utility, reward, and governance token of the Reserve Rights ecosystem. It is used to pay for fees on the Reserve Protocol and allows users to vote on proposals, defining the governing body’s mode of governance. Unlike RSV, RSR is not pegged to any level and is prone to value changes like any other normal cryptocurrency. It provides a layer of backstop insurance when staked on RTokens, capturing yield for offering protection. RSR token holders who stake to RToken are eligible to share revenue upside as well as slashing risk in the event of collateral or technical failure. RSR is also used to incentivize users of the RSR protocol, rewarding them with more RSR tokens based on the number of RSR tokens staked and the revenue generated by the project.

Reserve Rights's Impact on Finance

Reserve Rights is poised to have a significant impact on the financial sector by offering a decentralized, stable, and reliable currency option, especially in regions plagued by economic instability and hyperinflation. It provides a real-world solution by enabling people in such regions to preserve their assets and transact in a stable currency, mitigating the risks associated with inflation and currency devaluation.

The Reserve Rights platform, with its dual-token system and decentralized protocol, offers a unique approach to stablecoin creation, allowing for democratized governance and diverse stablecoin development. This innovation could potentially reshape the financial landscape, providing a stable and reliable currency option that is shielded from government interference and legislation, making it a viable alternative to traditional financial systems.

What Determines Reserve Rights's Price?

The price of Reserve Rights (RSR) tokens, like other cryptocurrencies, is influenced by a myriad of factors, reflecting the dynamics of the cryptocurrency market. One of the primary determinants of RSR's price is market supply and demand, influenced by cryptocurrency news, trends, and analysis. When the Reserve Rights project releases positive news or achieves significant milestones, it often leads to increased demand, driving up the cryptocurrency price. Conversely, negative news or perceived risks can lead to a decrease in demand and subsequently, a drop in price. Cryptocurrency enthusiasts and experts closely monitor these developments, analyzing cryptocurrency charts and trends to make informed predictions about the future price of RSR.

Another crucial factor determining the price of Reserve Rights is its adoption and reception in the crypto community. The wider the adoption, the more likely it is for the RSR price to experience a surge. Cryptocurrency events, influencers, and the overall sentiment in the cryptocurrency market play a significant role in shaping the price trajectory of RSR. For those looking to buy RSR, it can be acquired on leading exchanges such as Bitget, where cryptocurrency trading strategies can be employed to optimize buying and selling decisions. It is crucial for potential investors and cryptocurrency beginners to stay informed about the latest cryptocurrency news and trends, assess cryptocurrency risks, and employ effective crypto portfolio management strategies to navigate the inherent volatility in the crypto market and determine whether Reserve Rights is a good investment for 2023 and beyond.

Reserve Rights Social Data

In the last 24 hours, the social media sentiment score for Reserve Rights was 3.6, and the social media sentiment towards Reserve Rights price trend was Bullish. The overall Reserve Rights social media score was 1,803, which ranks 386 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Reserve Rights being mentioned with a frequency ratio of 0.01%, ranking 285 among all cryptocurrencies.

In the last 24 hours, there were a total of 387 unique users discussing Reserve Rights, with a total of Reserve Rights mentions of 108. However, compared to the previous 24-hour period, the number of unique users decrease by 15%, and the total number of mentions has decrease by 40%.

On Twitter, there were a total of 8 tweets mentioning Reserve Rights in the last 24 hours. Among them, 63% are bullish on Reserve Rights, 0% are bearish on Reserve Rights, and 38% are neutral on Reserve Rights.

On Reddit, there were 2 posts mentioning Reserve Rights in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .

All social overview

Average sentiment (24h)
3.6
Social media score (24h)
1.80K(#386)
Social contributors (24h)
387
-15%
Social media mentions (24h)
108(#285)
-40%
Social media dominance (24h)
0.01%
X
X posts (24h)
8
+700%
X sentiment (24h)
Bullish
63%
Neutral
38%
Bearish
0%
Reddit
Reddit score (24h)
1
Reddit posts (24h)
2
0%
Reddit comments (24h)
0
0%

How to buy Reserve Rights(RSR)

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After having successfully signed up on Bitget and purchased USDT or RSR tokens, you can start trading derivatives, including RSR futures and margin trading to increase your income.

The current price of RSR is $0.01082, with a 24h price change of +0.04%. Traders can profit by either going long or short onRSR futures.

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FAQ

What is use case of Reserve Rights?

Reserve Rights (RSR) is a versatile token within the Reserve Rights ecosystem. It serves multiple purposes, including governance participation, staking for system security, and providing insurance to maintain stablecoin stability. RSR's primary goal is to support the creation of asset-backed, yield-bearing stablecoins on the Ethereum blockchain, offering a decentralized and scalable stable money solution. It has gained popularity in countries facing high inflation as an alternative currency to stabilize financial systems.

Is Reserve Rights a good investment?

Investing in RSR crypto, the native token of the Reserve Protocol, can be appealing for several reasons: - Stability and Value Maintenance: RSR is designed to ensure the stability and value maintenance of the Reserve Protocol's stablecoin, RSV, by scaling supply based on demand and maintaining strong collateral backing. - Solving Volatility Issues: RSR addresses the volatility problem in the cryptocurrency market, making it an attractive choice for investors seeking a reliable and less volatile store of value and medium of exchange. - Accessible Onboarding: The Reserve Protocol simplifies the process of entering the decentralized economy by offering fiat on/off ramps, reducing the reliance on third-party exchanges, and providing an easy onboarding experience for new users. - Focus on Unbanked Populations: The protocol targets unbanked populations, particularly in developing countries, aiming to provide them with access to a reliable financial system, contributing to financial inclusion and potentially expanding RSR's adoption. - Dual-Token System: The Reserve Protocol's dual-token system involving RSV and RSR creates a mutually beneficial relationship, driving demand and utility for RSR while maintaining the stability of RSV. These factors make RSR an intriguing investment option for those seeking stability, reduced volatility, accessibility, and the potential for global financial inclusion.

What is Reserve Rights price prediction?

Predicting the future price of RSR crypto is uncertain, but several key factors can influence its price action and volatility: - RSR Token Utility and Staking: RSR has utility within the Reserve Protocol, with staking activities allowing token holders to earn rewards. Staking incentives can impact RSR's value as more users acquire and hold the token. - Reserve Protocol Development and Adoption: The progress and adoption of the Reserve project can significantly affect RSR's price. Positive developments, partnerships, and increased usage of the Reserve stablecoin (RSV) can attract investors and drive RSR's price. - Crypto Market Conditions: The broader cryptocurrency market conditions, including trends, regulations, and macroeconomic events, can indirectly influence RSR's price by affecting investor sentiment and market liquidity.

How can I stake Reserve Rights?

You can stake RSR tokens on the Reserve Protocol to earn rewards and participate in governance by following these steps: - Acquire RSR tokens from supported platforms and transfer them to your wallet. - Download Register.app, the official dApp for Reserve, and connect your wallet to it. - Access available RTokens for staking by clicking the Select RToken tab. - Choose the specific RToken you want to stake your RSR tokens on. - Select the Stake + Unstake option on the next page. - Specify the amount of RSR tokens you wish to stake and click Stake RSR. - Confirm and approve the transaction from your connected wallet. - Enjoy rewards and watch your crypto holdings grow as you stake RSR on Reserve's RTokens.

Who founded Reserve Rights?

The Reserve Protocol was founded in 2017 by Nevin Freeman and Matt Elder, with Nevin Freeman serving as the co-founder and CEO. The project's initial mission was to provide a stable universal currency, leading to the creation of the Reserve Dollar (RSV), a stablecoin pegged to the US dollar. The team also developed a mobile app for storing, receiving, and spending RSV. They are actively working on a smart contract protocol to facilitate the creation and decentralized governance of additional currencies called "RTokens." These RTokens can be pegged to diversified asset baskets, providing immunity to USD inflation and centralized monetary policies. The long-term vision is to establish an ecosystem where RTokens can address real-world challenges and serve as an alternative international reserve currency.

Who are Reserve Rights' investors?

Reserve's early investors and backers include prominent names and organizations in the cryptocurrency and blockchain space. Notable investors include Coinbase, Digital Currency Group (DCG), GSR, Crypto Lotus, Refactor, Distributed Global, PreAngel, Biocktower, NEO Global Capital (NGC), Rocket Fuel, Velorum Capital, and Arrington XRP Capital. Additionally, key individuals such as Sam Altman, Peter Thiel, Jack Selby, Matt Brimer, and Eric M. Jackson have also supported the Reserve Protocol and project. These early backers signify strong confidence in the project's potential and contribute to its development and growth.

What is the current price of Reserve Rights?

The live price of Reserve Rights is $0.01 per (RSR/USD) with a current market cap of $582,289,719.83 USD. Reserve Rights's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Reserve Rights's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Reserve Rights?

Over the last 24 hours, the trading volume of Reserve Rights is $43.33M.

What is the all-time high of Reserve Rights?

The all-time high of Reserve Rights is $0.1189. This all-time high is highest price for Reserve Rights since it was launched.

Can I buy Reserve Rights on Bitget?

Yes, Reserve Rights is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Reserve Protocol guide.

Can I get a steady income from investing in Reserve Rights?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Reserve Rights with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Reserve Rights (RSR)?

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RSR/USDT Technical Analysis: Potential for a Breakout? 🚀
$RSR 📊 RSR/USDT Technical Analysis: Potential for a Breakout? 🚀 The RSR/USDT pair is currently trading at $0.013863, showing consolidation within a key price range. Let’s break down the technical levels and identify potential opportunities for traders! 🔑 Key Levels to Watch: Support: Immediate support is at $0.0130, a level that has previously provided buying interest. If the price retraces to this level and holds, a potential bounce could be expected. Resistance: Strong resistance lies at $0.0145, where the price has faced rejection in the past. A successful breakout above this level could lead to a surge towards $0.015 and possibly higher. 📈 Entry Strategy: Long Position: A confirmed breakout above $0.0145 could present a solid entry point, with targets at $0.015 and potentially higher depending on momentum. Short Position: If the price fails to break through $0.0145 and drops below $0.0130, a short position could be considered, with targets toward $0.0125 or $0.012. 💡 Market Insight: RSR/USDT is currently trading within a consolidation range, with key levels at $0.0130 and $0.0145. Watch for a breakout above resistance for potential bullish continuation or a pullback towards support. Conclusion: The $0.0130-$0.0145 range will determine the next major move. A breakout above $0.0145 could trigger bullish momentum, while failure to break resistance may lead to a retracement. Stay focused and trade smart! 🚀📊
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