Current Reserve Rights (RSR) Price Overview
The live price of Reserve Rights (RSR) is $0.006541**, with a 24-hour trading volume of **$197,291. Over the past day, RSR has experienced a -3.65% price change, while its weekly performance shows a -3.42% decline. With a circulating supply of 57.91B RSR, its market capitalization stands at $380.12M, ranking #89 among cryptocurrencies.
Key Metrics
- 24h High/Low: $0.006800 / $0.006503
- All-Time High: $0.118946 (-94.50% from ATH)
- All-Time Low: $0.001247 (+424.40% from ATL)
- Max Supply: 100B RSR
Reserve Rights (RSR) Price History
| Period | Price Change | Change (%) |
|---|---|---|
| Today | $-0.000244 | -3.60% |
| 7 Days | $-0.00021 | -3.11% |
| 30 Days | $-0.000758 | -10.38% |
| 3 Months | $-0.001864 | -22.18% |
Why Invest in Reserve Rights (RSR)?
1. Stability and Value Maintenance
RSR supports the Reserve Protocol’s stablecoin (RSV), which is designed to maintain a 1:1 peg to the USD through dynamic collateralization. This reduces volatility, appealing to investors seeking stability.
2. Solving Crypto Volatility
By addressing merchant concerns about profit loss during market downturns, RSR offers a reliable medium of exchange, fostering broader adoption.
3. Accessibility
The protocol integrates fiat on/off ramps, simplifying entry into decentralized finance (DeFi) without relying on third-party exchanges.
4. Financial Inclusion
RSR targets unbanked populations in developing regions, expanding its utility and potential user base.
5. Dual-Token System
RSR’s symbiotic relationship with RSV drives demand, as RSR stakers earn rewards and govern the protocol.
RSR Token Use Cases
- Governance: Vote on proposals via the Reserve governance portal.
- Staking: Stake RSR on RTokens (e.g., RSV) to earn revenue and provide backstop insurance.
- Arbitrage: Stabilize RSV’s peg by buying/selling during price deviations.
- Trading: 👉 Trade RSR on KuCoin for short-term gains or long-term holds.
How to Stake RSR
- Acquire RSR: Purchase on supported exchanges like KuCoin.
- Connect Wallet: Use Register.app to link your wallet.
- Select RToken: Choose an RToken (e.g., RSV) to stake on.
- Stake RSR: Enter the amount and confirm the transaction.
Stakers earn rewards and participate in governance.
Reserve Protocol Investors
Notable backers include Coinbase Ventures, Digital Currency Group (DCG), and prominent figures like Peter Thiel and Sam Altman.
Frequently Asked Questions (FAQ)
1. Is RSR a good investment?
RSR offers stability, governance rights, and staking rewards, but always conduct your own research (DYOR) before investing.
2. What drives RSR’s price?
Factors include staking activity, protocol adoption, and broader crypto market trends.
3. How do I convert RSR to cash?
Sell RSR for USDT on exchanges, then use P2P services to swap USDT for fiat.
4. Where can I store RSR?
Use KuCoin’s custodial wallet, hardware wallets, or self-custody options like MetaMask.
5. What is RSR’s max supply?
100 billion RSR, with 57.91B currently circulating.
6. Can I stake RSR for passive income?
Yes! Stake RSR on RTokens to earn a share of their revenue.
Final Thoughts
Reserve Rights (RSR) combines stability mechanisms with DeFi innovation, making it a unique asset in the crypto space. Whether you’re interested in staking, governance, or trading, RSR offers multiple avenues for engagement. 👉 Explore RSR markets to start your journey.