Ribbon Finance (RBN) Hits Self Reported Market Capitalization of $42.44 Million

Ribbon Finance (RBN) traded 0.5% lower against the dollar during the 24-hour period ending at 9:00 AM ET on October 24th. Ribbon Finance has a market cap of $42.44 million and approximately $233,904.61 worth of Ribbon Finance was traded on exchanges in the last day. In the last week, Ribbon Finance has traded 6.3% higher against the dollar. One Ribbon Finance token can currently be purchased for about $0.36 or 0.00000533 BTC on exchanges.

Here’s how other cryptocurrencies have performed in the last day:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded down 1.6% against the dollar and now trades at $163.92 or 0.00242474 BTC.

Ribbon Finance Profile

Ribbon Finance launched on May 24th, 2021. Ribbon Finance’s total supply is 1,000,000,000 tokens and its circulating supply is 117,833,290 tokens. Ribbon Finance’s official message board is ribbonfinance.medium.com. Ribbon Finance’s official Twitter account is @ribbonfinance and its Facebook page is accessible here. The official website for Ribbon Finance is www.ribbon.finance.

According to CryptoCompare, “Ribbon Finance is a DeFi protocol that offers access to structured crypto products such as options, futures, and fixed income to improve a portfolio’s risk-return profile. RBN is the governance token of Ribbon Finance, used to steward the development of the protocol, align incentives between stakeholders, and unite all Ribbon products under a single umbrella.”

Ribbon Finance Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Ribbon Finance directly using U.S. dollars. Investors seeking to acquire Ribbon Finance should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ribbon Finance using one of the aforementioned exchanges.

RBN/USD price chart by TradingView