Recommended
Reserve Rights (RSR) Price Prediction 2023, 2025, 2030
Reserve Rights (RSR), is a decentralized stablecoin platform that seeks to create price-stable cryptocurrencies by collateralizing them with various assets and leveraging an elastic supply model. This guide will offer you the latest Reserve Rights price prediction for 2023, 2025 and 2030 that was being made as of 13 March 2023, and its projected growth from technical analysis to fundamental price history.
At the end of this review, a clear picture will emerge as to how high the Reserve Rights price will go.
Trade on BTCC with 10 FREE USDT.
Signup today to redeem your bonus.
Before diving into the RSR price prediction and discussing numbers that might get you bored for no reason at all, let us talk about the history and a basic overview of Reserve Rights in the market.
Reserve Rights (RSR) Overview
Cryptocurrency | Reserve Rights |
Ticker Symbol | RSR |
Rank | 168 |
Price | $0.003825 |
Price Change 24H | +6.41% |
Market Cap | $174,475,336 |
Circulating Supply | 45,611,899,305 RSR |
Trading Volume | $20,518,804 |
All Time High | $0.1189 |
All Time Low | $0.001247 |
Download App for Android | Download App for iOS |
What is Reserve Rights (RSR)?
The Reserve Protocol is a decentralized system aiming to create truly decentralized stablecoins that can stand the test of time and resist inflation.
The main idea behind the project is the creation of baskets of tokenized assets that can serve as alternative pegs for crypto assets. The contents of those baskets haven’t been decided yet, but according to the creators’ plans, they won’t include a single fiat currency in the future.
The Reserve Protocol works by creating price-stable cryptocurrencies through collateralization and an elastic supply model. To collateralize its stablecoins, the protocol employs a basket of assets, including fiat currencies, commodities, and other cryptocurrencies.
The value of each stablecoin is backed by real-world assets at a 1:1 ratio and held in reserves managed by third parties. The protocol’s elastic supply model expands or contracts the supply of each stablecoin in response to changes in demand, helping to maintain stability.
When demand for a particular stablecoin increases, more of that coin is minted and released into circulation; coins are burned or removed from circulation when demand falls.
The native token (RSR) of the Reserve Protocol serves two primary purposes: ensuring reserve tokens (RTokens) through staking and governing them through proposing & voting on changes to their configuration.
By staking RSR tokens, users can help ensure against losses should any of the reserve tokens become undercollateralized. In addition, RSR token holders have governance rights over the protocol itself. They can vote on various decisions affecting RToken configuration settings, such as exchange rates or liquidity fees charged by lenders.
What Makes Reserve Rights Crypto Different?
The Reserve stablecoin is an innovative new cryptocurrency backed by a basket of other cryptocurrencies. This unique approach provides more excellent stability and security than other stablecoins typically backed by USD in a bank account. The smart contracts that control the Reserve stablecoin ensure that the underlying assets are managed securely and efficiently.
Several factors could continue to drive the price of RSR higher. Firstly, the total supply of RSR tokens is capped at 100 billion, creating scarcity and leading to increased demand as more people become aware of the project. Secondly, the team behind Reserve Rights is constantly working on new features and improvements to the platform, which could increase Interest from both users and investors alike. Finally, Reserve Rights has already secured partnerships with major exchanges like Binance, Bybit, and FTX, giving it a solid user base to build upon.
Reserve Rights is a cryptocurrency that allows users to create and trade digital baskets of tokens. These baskets can consist of any ERC-20 assets, including stablecoins backed by other cryptocurrencies, such as USD Coin (USDC) and Paxos Dollar (USDP), and also DeFi-yield-bearing assets such as Compound USD Coin (cUSDC) and Aave Dai (aDAI).
Download App for Android | Download App for iOS |
Reserve Rights Price Analysis
From a technical standpoint, the RSR price is currently testing a fundamental resistance level. This is a critical level to watch because a breakout above it could signal the beginning of a new uptrend. On the other hand, if the RSR price fails to break out above this level, it could begin a new downtrend.
The RSR price has been uptrend since March 2020, when it bottomed out at around $0.001. Since then, the RSR price has risen by more than 1,200% but then stated a downtrend in 2021.
One of the main drivers of the recent rally in the RSR price has been the launch of the Reserve Rights Protocol (RSR), a decentralized stablecoin platform that allows users to create and trade digital assets pegged to fiat currency or other cryptocurrencies.
The RSR protocol is highly scalable and efficient with low fees, making it attractive for both users and developers. In launching its protocol, Reserve Rights has also been actively involved in developing and deploying DeFi protocols on Ethereum’s blockchain.
Current RSR Price
RSR started quite positively in 2023 and currently stands at $0.003825 with a market capitalization of $174,475,336, making it the 168th largest crypto by that metric as of 13 March 2023. The price value of RSR has changed +6.41% in the past 24 hours.
Download App for Android | Download App for iOS |
RSR Price Prediction 2023
The Reserve Rights is expected to experience a significant increase in value throughout 2023. As per our Reserve Rights price prediction 2023, RSR coin is expected to reach a maximum price of $0.005751 by the end of 2023 with the increasing collaborations and advancements. In the most bearish scenario, the price of RSR may land at a minimum of $0.004601, with an average price of around $0.005368.
Download App for Android | Download App for iOS |
Reserve Rights Price Prediction 2025
If the Reserve Rights successfully boosts market sentiment among crypto enthusiasts, the RSR crypto price could continue to rise for the next five years.
In 2025, the RSR price is estimated to reach $0.011502, at minimum, and the maximum price could be $0.013419, according to our RSR price prediction 2025. The forecasted average price could be $0.012269.
Reserve Rights Price Prediction 2030
Reserve Rights ecosystem is actively growing with new users and brand partnerships and will remain viable in the long term. Our Reserve Rights coin price prediction 2030 forecasts RSR to trade between $0.030672 and $0.032589 by the end of 2030. The average price of RSR might go to $0.031439 by the end of 2030.
However, please know the figures are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Always do your own research and evaluate all necessary factors before making any investment.
Download App for Android | Download App for iOS |
Where Can I Buy Reserve Rights (RSR)?
Notable options for purchasing Reserve Rights token include Binance, BTCC and KuCoin. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of RSR. Compared to Binance, BTCC has no regulatory concerns and is available in U.S., Canada and many other countries in Europe. Furthermore, BTCC exchange is highly recommended due to its favourable attributes such as extremely low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.
In order to trade RSR/USDT on BTCC, you need to first register an account. And you need to have some USDT in your crypto wallet, or you can directly buy it on BTCC. Once you have USDT, you can trade RSRUSDT Perpetual Contracts on BTCC with a leverage up to 50x. The transaction is safe, cheap, and fast with VERY easy steps. You can also choose to deposit RSR with a minimum single deposit of 100913RSR.
What are BTCC’s specs?
Sometimes, users feel more comfortable working with an exchange if they know that the exchange has a footprint in the industry. With 12 years of stable and secure operating history, BTCC is one of the top cryptocurrency derivatives exchanges in CoinMarketCap, which boasts a wide selection of 60+ cryptocurrencies and millions of registered users, offering services in 100+ countries.
BTCC charges 0.06% for both takers and makers, which are way below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.
With high liquidity, low trading fees and fast transaction speed, BTCC allows users to open a trade immediately even when the crypto markets experience a sharp rise or plunge.
Apart from crypto trading, BTCC also supports tokenized futures service, allowing users to trade stocks and commodities futures (Gold/Silver) with USDT as the margin. The maximum leverage is up to 150x.
Trading on BTCC begins with registration and log in, which only takes 30 seconds. New customers can now sign up here to get a welcome bonus of 10 USDT, and complete the KYC verification to access all BTCC’s features and BTCC bonus. Once verified, you can start trading RSR now.
BTCC Starter Rewards |
Recommended for you:
XRP Future Price Prediction for 2023, 2025, 2030
Will Pi Network Ever Launch? What Stage is Pi Network Now?
Is Pi Network Legit Or Scam: Pi Cryptocurrency Real or Fake?
Pi Coin Price Prediction: Will Pi Ever Be Worth Money?
Gold Price Predictions for Next 5 Years
Silver Price Predictions for Next 5 Years
Litecoin (LTC) Price Prediction 2023, 2025, 2030
XRP Price Prediction $500: Can XRP Reach $500 Dollars?
Top 10 XRP Rich List: Who Are the Biggest XRP Holders?
Luna Classic Price Prediction: Will Luna Classic Reach $1?
Polygon (MATIC) Price Prediction 2023, 2025, 2030
Pepe Price Prediction 2023, 2025, 2030
Stellar Lumens (XLM) Price Prediction 2023, 2025, 2030
HBAR Price Prediction 2025, 2030
PulseX Price Prediction 2023, 2025, 2030: Can PulseX Reach $1?
Cardano (ADA) Price Prediction 2023, 2025, 2030
Gala (GALA) Price Prediction 2023, 2025, 2030
Polkadot (DOT) Price Prediction 2023, 2025, 2030
Ethereum Price Prediction 2023, 2025, 2030
JasmyCoin (JASMY) Price Prediction
Dogecoin (DOGE) Price Prediction 2023, 2025, 2030
Can Solana Reach $1,000? Solana Price Prediction
VeChain (VET) Price Prediction 2023, 2025, 2030
Arbitrum (ARB) Price Prediction 2023, 2025, 2030
The Sandbox Price Prediction 2025, 2030
Register now to begin your crypto journey
Download the BTCC app via App Store or Google Play
Follow us
Scan to download
Reserve Rights Price PredictionReserve Rights Price Prediction 2023Reserve Rights Price Prediction 2025Reserve Rights Price Prediction 2030RSR Price PredictionRSR Price Prediction 2023RSR Price Prediction 2025RSR Price Prediction 2030Reserve Rights Token Price PredictionReserve Rights Coin Price Prediction
- Terms & Agreement
Quick Links
Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.
The world’s longest-running cryptocurrency exchange since 2011 © 2011-2024 BTCC.com. All rights reserved
Comments
Leave a comment
Your email address will not be published. Required fields are marked with an asterisk (*).
Comment*
Name*
Email address*