Published 13:55 IST, April 17th 2021

How to buy Ratcoin? Know all about the latest viral cryptocurrency

Cryptocurrencies are at peak popularity and a new one called Ratcoin has just been launched. Read on to know what is Ratcoin and how to buy Ratcoin.

Reported by: Sakshat Kolhatkar
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Image Source: Ratcoin Website | Image: self
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Cryptocurrencies have become one of most popular investment options for public in 2021. nature of cryptocurrency markets promises low risk and high returns in a short frame of time. With such a lucrative model, millions of people around world have started investing in various different s of cryptocurrencies such as Bitcoin, Ereum, Dogecoin etc. A new cryptocurrency by name of Ratcoin has been launched recently and has been gaining viral attention on internet. Many crypto enthusiasts have been searching on Google for how to buy Ratcoin. 

What is Ratcoin?

Ratcoin is one of latest cryptocurrency to have been launched recently. Ratcoin uses decentralised blockchain technology to manage and record its transactions. As per ir official website, goal of project is quite simple: deploy a fun coin that will ever infest your life. Ratcoin is similar to Dogecoin in sense that it appears to be simply a meme coin me for fun and for getting people invested in crypto market.

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Many people online started to say on Twitter that Ratcoin is an Elon Musk cryptocurrency. However, Ratcoin developers put out a Tweet clarifying issue, saying Elon Musk is not involved with project in any way. As per Ratcoin website, max supply of Ratcoin has been capped at 9 Billion coins and block time for mining a Ratcoin has been set at 3 minutes. For those interested in more technical specifications, here are Ratcoin specifications as per ir website. 

RatCoin Specifications:

  • Name: RATCOIN
  • Ticker: RAT
  • Max Supply: 9,000,000,000 (9 Billion)
  • Block time: 3 Minutes
  • Algorithm: Scrypt POS / POW
  • Premine: 20% (1.80 Billion) me up of:
  • 13.49% for swap (1,214,430,975.76010)
  • 4.26% for Development (383,228,755.00000)
  • 2.25% Community Fund (202,340,269.23991)
  • Coinbase maturity: 30 blocks
  • Staking Maturity: 30 Blocks (~1.5 Hour)
  • Target spacing: 3 minutes
  • Target timespan: 1 block
  • Transaction confirmations: 30 blocks
  • Pow 0 coins per block till block 200k
  • rpcport=19764

Where to Buy Ratcoin?

As per ir website, Ratcoin can be bought at following crypto exchanges: Freak Exchange, Bololex and Stake Centre. ditionally, if you store Ratcoin in a physical wallet, you can tre it independently send m to your friends or acquaintances. You can check Ratcoin price on any of above-given exchanges, as it keeps fluctuating. However, investing in crypto can be a risky venture, especially when dealing with newer cryptocurrencies. Reers are vised to do thorough research before making investments. Stay tuned for more updates on cryptocurrencies. 

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Image Source: Ratcoin Website

13:55 IST, April 17th 2021