Ribbon Finance (RBN) Achieves Self Reported Market Cap of $40.70 Million

Ribbon Finance (RBN) traded 2.6% higher against the US dollar during the 1 day period ending at 19:00 PM Eastern on October 12th. Ribbon Finance has a market capitalization of $40.70 million and approximately $188,519.68 worth of Ribbon Finance was traded on exchanges in the last day. One Ribbon Finance token can now be purchased for $0.34 or 0.00000544 BTC on popular cryptocurrency exchanges. In the last seven days, Ribbon Finance has traded up 3.1% against the US dollar.

Here is 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 down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 4.9% against the dollar and now trades at $0.0516 or 0.00000082 BTC.
• P2P Solutions foundation (P2PS) traded 1.4% higher against the dollar and now trades at $160.63 or 0.00253870 BTC.

Ribbon Finance Token Profile

Ribbon Finance launched on May 24th, 2021. Ribbon Finance’s total supply is 1,000,000,000 tokens and its circulating supply is 118,217,876 tokens. Ribbon Finance’s official website is www.ribbon.finance. Ribbon Finance’s official Twitter account is @ribbonfinance and its Facebook page is accessible here. Ribbon Finance’s official message board is ribbonfinance.medium.com.

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 possible to purchase alternative cryptocurrencies such as Ribbon Finance directly using U.S. dollars. Investors seeking to trade Ribbon Finance should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. 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