Ribbon Finance (RBN) Reaches Self Reported Market Capitalization of $9.08 Million

Ribbon Finance (RBN) traded 10.8% lower against the dollar during the 24-hour period ending at 8:00 AM E.T. on June 26th. Ribbon Finance has a total market capitalization of $9.08 million and approximately $336.51 thousand worth of Ribbon Finance was traded on exchanges in the last day. In the last week, Ribbon Finance has traded down 14.7% against the dollar. One Ribbon Finance token can currently be purchased for approximately $0.0955 or 0.00000089 BTC on major cryptocurrency exchanges.

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

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Central African Republic Meme (CAR) traded up 6.1% against the dollar and now trades at $0.0119 or 0.00000011 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 0.3% against the dollar and now trades at $107,280.47 or 0.99923185 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.4% higher against the dollar and now trades at $107,140.33 or 0.99792656 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Ribbon Finance Profile

Ribbon Finance’s genesis date was May 24th, 2021. Ribbon Finance’s total supply is 1,000,000,000 tokens and its circulating supply is 95,047,381 tokens. Ribbon Finance’s official message board is ribbonfinance.medium.com. Ribbon Finance’s official website is www.ribbon.finance. Ribbon Finance’s official Twitter account is @ribbonfinance and its Facebook page is accessible here.

According to CryptoCompare, “Ribbon Finance is a protocol that helps users access crypto structured products for DeFi. It combines options, futures, and fixed income to improve a portfolio's risk-return profile.RBN is a governance token that has a few primary use cases: Steward the development of the protocol & get community feedback on important parameters such as fee models; Align incentives between the Ribbon stakeholders (product creators, users, team), such as liquidity mining programs or grants and Unite all current and future Ribbon products under a single umbrella.”

Buying and Selling Ribbon Finance

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

RBN/USD price chart by TradingView