What is Ramifi Protocol (RAM) crypto coin? The truth behind the failed stablecoin
6 October 2025

RAM Investment Value Calculator

Calculate how your investment in RAM would have performed from its peak of $3.85 (April 2021) to its current value of $0.011 (October 2024).

This tool demonstrates the dramatic 99.7% price drop of RAM, which is not a stablecoin despite its claims.

When you hear "stablecoin," you think of USDT, USDC, or DAI-coins that stay close to $1.00 no matter what. But Ramifi Protocol (RAM) claims to be one too. Only it doesn’t stay stable. Not even close. In fact, RAM is one of the most dramatic examples of a crypto project that promised one thing and delivered another-and then vanished from relevance.

What Ramifi Protocol (RAM) actually is

Ramifi Protocol is a cryptocurrency token called RAM, launched in early 2021 with the claim that it uses an algorithmic supply mechanism to fight USD inflation. Unlike traditional stablecoins backed by cash or reserves, RAM was supposed to adjust its supply automatically-printing more tokens when prices rose, burning them when they fell-to keep value steady.

It sounded smart on paper. But in practice, it failed. Instead of staying near $1, RAM spiked to $3.85 in April 2021, then collapsed. By October 2024, it was trading at $0.011. That’s a 99.7% drop from its peak. If you bought RAM at its highest, you’d need it to rise 350 times just to break even.

The total supply is fixed at 7,213,000 RAM tokens. Only 99,000 of those-about 1.37%-were ever sold to the public. The rest went to private investors, team wallets, and venture funds like Genblock Capital, Moonrock Capital, and x21 Digital. That means the vast majority of tokens were never available to regular users. And that’s just the start of the problems.

Why RAM isn’t a stablecoin

Real stablecoins stay within 0.5% of their target price. RAM swings wildly. In one week in October 2024, it moved between $0.01074 and $0.01427. That’s a 32.7% range. That’s not stability. That’s gambling.

And here’s the kicker: RAM’s algorithm never worked. There’s no evidence it ever adjusted supply meaningfully. No public data shows tokens being burned or minted in response to price changes. The entire mechanism appears theoretical-never tested, never verified. Meanwhile, its price behavior matches speculative meme coins, not stable assets.

Calling RAM a stablecoin is misleading. It’s not even close. Even CoinMarketCap users called it "a joke." One comment said it best: "You can’t fight inflation by dropping 99.7% in value."

Trading RAM: A nightmare of low liquidity

If you think you can buy RAM and sell it later, think again. Liquidity is razor-thin.

On Gate.io-the main exchange where RAM trades-the 24-hour volume is around $16,700. On PancakeSwap, it’s $76. That’s less than what some small-cap NFT collections trade in an hour.

What does that mean for you? Slippage. Orders take hours to fill. If you try to sell 1,000 RAM tokens, you might have to drop your price by 10% just to find a buyer. Traders report using limit orders with 5-10% buffers just to get filled. The order book depth at +2% is only $21. That’s not a market. That’s a ghost town.

Even the price charts are unreliable. CoinGecko shows RAM’s market cap as $5,150. Other sources say $102,710 (based on fully diluted valuation). Why the gap? Because no one knows how many tokens are actually circulating. The project doesn’t disclose it clearly. That’s a red flag for any serious investor.

A dusty RAM token alone in an attic while other stablecoins dance in sunlight below.

Who’s behind Ramifi Protocol?

The team behind RAM never went public. No LinkedIn profiles. No interviews. No roadmap updates since 2021. The website is bare-bones-no whitepaper, no technical docs, no GitHub repo. You can’t even find a clear team photo or names.

The project raised $959,250 from investors like Genblock Capital and Lotus Capital. But none of them have spoken publicly about RAM since 2022. No press releases. No Twitter threads. No Discord server. Only a Telegram group with fewer than 500 members-and most of them are just checking prices, not discussing development.

Compare that to DAI, which has a public team, open-source code, and monthly governance votes. RAM has nothing. It’s a dead project wearing a dead label: "algorithmic stablecoin."

Price predictions? Don’t believe the hype

You’ll find websites claiming RAM will hit $0.03 by 2025. CoinCodex says it could rise 34% to $0.0336. Swapspace.co predicts $0.01973 in 2025 and $0.01973 again in 2030.

Here’s the truth: those predictions are based on zero fundamentals. They’re pulled from outdated technical indicators and wishful thinking. RAM’s trading volume is too low for any meaningful price movement. No new users are coming in. No partnerships. No integrations. No DeFi liquidity pools. No real-world use cases.

And yet, some bots still pump it. A few traders still buy it hoping for a miracle. But when a coin has been down 99.7% for three years and shows no sign of revival, it’s not a recovery-it’s a corpse.

A ghostly RAM coin floating above a crypto graveyard under starry price charts.

Where RAM stands in the crypto world

As of October 2024, RAM ranks #4,771 on CoinMarketCap. Out of over 10,000 cryptocurrencies, it’s in the bottom 0.05%.

The entire stablecoin market is worth $153 billion. RAM’s market cap? Around $100,000. That’s 0.000002% of the total. You’d need to buy 50,000 RAM tokens to equal the value of one USDT.

It doesn’t compete with USDT or DAI. It doesn’t even compete with lesser-known stablecoins like FRAX or LUSD. RAM is invisible in the ecosystem. No wallets support it. No payment processors accept it. No DeFi apps list it as collateral. It exists only as a ticker on a few exchanges-barely traded, barely noticed.

Is RAM worth buying?

No.

If you’re looking for a stablecoin, stick with USDT, USDC, or DAI. They’re backed by real assets, audited, regulated, and used by millions.

If you’re looking for a speculative play, RAM has no momentum. No community. No development. No reason to believe it will ever rise again. The last time it moved significantly was in 2021. Since then, it’s been flatlining.

Even the people who bought it early have moved on. Reddit threads from August 2024 call it "another dead project from the 2021 bull run." One user wrote: "This token has been stagnant for years. I forgot I owned it until I saw the price again."

What happened to Ramifi Protocol?

It was a product of the 2021 crypto boom-a time when every project claimed to be "the next big thing." RAM rode the wave of algorithmic stablecoin hype, riding on the coattails of Terra’s UST before it collapsed.

But unlike UST, RAM never had a real economy behind it. No lending, no borrowing, no yield farming. No reason for anyone to hold it except speculation. And when the market turned, there was no demand left.

Today, RAM is a textbook case of a failed crypto project: high expectations, no execution, zero transparency, and no future. It’s not a coin. It’s a cautionary tale.