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Ramifi is a synthetic asset protocol based on commodities whose main goal is to denominate inflation and hedge against it.
IDO
30 Mar — 30 Mar 2021
Raised
$ 99.00K
Price:
$ 1.00
ROI:
0.01x -98.6%
Platform:
N/A
ATH ROI:
14.12x +1,312%
Market Cap
$ 5.06K
FDV
$ 100.81K
ATH Market Cap
$ 5.11M
24 Trade Vol.
$ 970.10
Vol. (24h) / MCap
0.192
Total Supply
RAM 7,213,000
Circulating Supply
RAM 362.00K
(5.02% of Total Supply)
Listing Date
30 Mar 2021
IDO Price
$ 1.00
30 Mar 2021
IDO ROI
0.014x
All Time High
$ 14.12
30 Mar 2021
All Time Low
$ 0.00401
22 Feb 2024
From ATH
From ATL
Ramifi is a project whose aim is to take on the role of money in the new decentralized economy being built. There have been many clever attempts, with each growing progressively more sophisticated than the last from USDT to DAI to Ampleforth. USDT gave us an easy off ramp to escape the volatility inherent to the crypto markets. DAI did the same without the need to trust that a 3rd party had the reserves to make good on its debts. AMPL took it a step further without the need for over collateralization of assets for it to be produced.
The Ramifi protocol's unique approach to the dollar's declining real purchasing power is critically important due to increasing inflation. Currently, consumer inflation is calculated using a metric known as the Consumer Price Index. Over time, this index's approach to calculating consumer inflation has changed drastically, having consistently been adjusted to demonstrate low inflation rates. The results of these miscalculations have been starting – rather than the nominal consumer inflation rate of roughly 1.4%, the actual rate of consumer inflation is likely somewhere around 10%. This large discrepancy helps to explain the increasing dissatisfaction of the average consumer as their currency's purchasing power continues to erode.
An Alternative Investment
The Money of Defi
A Dollar Alternative
Infinitely Scalable Stable Currency
Ramifi Protocol's current price is $ 0.014, it has dropped -9.26% over the past 24 hours.
Ramifi Protocol's All Time High (ATH) of $ 14.12 was reached on 30 Mar 2021, and is currently -99.9% down.
The current circulating supply of Ramifi Protocol is 362.00 Thousands tokens, and the maximum supply of Ramifi Protocol is 7.21 Million.
Ramifi Protocol’s 24 hour trading volume is $ 970.10.
Ramifi Protocol's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 5.06 Thousands.
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