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About RAINSPIRIT

rainSPIRIT is a liquid wrapper of inSPIRIT, the governance token of SpiritSwap's protocol (DEX). While inSPIRIT offers staking rewards and voting power to its holder, it is non-transferable and users must lock their SPIRIT token (SpiritSwap's native protocol token) for an extended period of time to acquire it.rainSPIRIT offers users a transferable version of inSPIRIT that can be swapped back into SPIRIT at any time via liquidity pools. rainSPIRIT is minted by depositing SPIRIT, which gets locked away into inSPIRIT perpetually. The rewards generated for locking the SPIRIT perpetually are returned to rainSPIRIT holders, in addition to the rewards accumulated as a result of inSPIRIT's governance power.rainSPIRIT is an example of a winSPIRIT model - a concept created by SpiritSwap itself (read here: https://layer3.gitbook.io/spirit-swap/winspirit) - and is similar to counterparts such as binSPIRIT, linSPIRIT, and tinSPIRIT (all currently listed on CoinGecko).

rainSPIRIT (RAINSPIRIT) is a cryptocurrency launched in 2022. RAINSPIRIT has a current supply of 40.47M with 0 in circulation. The last known price of RAINSPIRIT is 0.000061997993 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://app.ola.finance/rainSpirit.

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RAINSPIRIT Price Statistics
RAINSPIRIT’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#5119
RAINSPIRIT Market Cap
Market Cap
$0
Fully Diluted Market Cap
$2,508.80
RAINSPIRIT Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
RAINSPIRIT Supply
Circulating Supply
0
Total Supply
40.47M
Max Supply
0
Updated Sep 08, 2023 2:30 am
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RAINSPIRIT
rainSPIRIT
$0.000061997993
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Bitcoin Faces Potential Bearish Phase Amid Investor Caution
Bitcoin Faces Potential Bearish Phase Amid Investor Caution
According to Cointelegraph, Bitcoin (BTC) may be entering a new "bearish phase" as investors begin to reduce their risk exposure at current price levels. Recent findings from the onchain analytics platform CryptoQuant indicate that BTC is increasingly being withdrawn from derivatives exchanges, signaling potential market caution. The trend of Bitcoin flows between derivative and spot exchanges has become a point of concern for those hoping for continued bullish momentum in BTC prices. Utilizing the Inter-Exchange Flow Pulse (IFP) metric, CryptoQuant contributor J. A. Maartunn observed a decline in the volume of coins moving between these two types of crypto trading platforms. Maartunn explained that when a significant amount of Bitcoin is transferred to derivative exchanges, it typically signals a bullish period, as traders move coins to open long positions in the derivatives market. Conversely, when Bitcoin starts flowing out of derivative exchanges and into spot exchanges, it indicates the onset of a bearish period, often occurring when long positions are closed and large investors, or "whales," reduce their exposure to risk. The IFP trend has recently reversed downward, a move traditionally associated with the beginning of a downward BTC price action. Maartunn concluded that the indicator has turned bearish, suggesting a decline in market risk appetite and potentially marking the start of a bearish phase. The IFP reached its highest-ever levels in March 2021, approximately a month before BTC/USD achieved a new all-time high of $58,000, which remained for about seven months. In January of this year, when Bitcoin reached its current record of $109,000, the IFP was not near its peak from four years prior. Historical data shows that each BTC price cycle top has been accompanied by a new IFP top. Despite these developments, faith in the ongoing Bitcoin bull run remains intact. As previously reported by Cointelegraph, few anticipate an imminent end to the current bull market. Even conservative perspectives suggest a return to price increases once sufficient global liquidity is achieved, although this is somewhat dependent on U.S. macroeconomic policy. Recent inflation reports have reinforced the Federal Reserve's decision to refrain from introducing more favorable risk-asset conditions in 2025. In the short term, Bitcoin whales are being closely monitored to identify reliable BTC price support levels. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Feb 17, 2025 2:03 am

Frequently Asked Questions

  • What is the all-time high price of rainSPIRIT (RAINSPIRIT)?

    The all-time high of RAINSPIRIT was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of rainSPIRIT (RAINSPIRIT) is 0. The current price of RAINSPIRIT is down 0% from its all-time high.

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  • How much rainSPIRIT (RAINSPIRIT) is there in circulation?

    As of , there is currently 0 RAINSPIRIT in circulation. RAINSPIRIT has a maximum supply of 0.

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  • What is the market cap of rainSPIRIT (RAINSPIRIT)?

    The current market cap of RAINSPIRIT is 0. It is calculated by multiplying the current supply of RAINSPIRIT by its real-time market price of 0.000061997993.

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  • What is the all-time low price of rainSPIRIT (RAINSPIRIT)?

    The all-time low of RAINSPIRIT was 0 , from which the coin is now up 0%. The all-time low price of rainSPIRIT (RAINSPIRIT) is 0. The current price of RAINSPIRIT is up 0% from its all-time low.

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  • Is rainSPIRIT (RAINSPIRIT) a good investment?

    rainSPIRIT (RAINSPIRIT) has a market capitalization of $0 and is ranked #5119 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze rainSPIRIT (RAINSPIRIT) price trends and patterns to find the best time to purchase RAINSPIRIT.

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