Tribe (TRIBE) Achieves Market Capitalization of $257.59 Million

Tribe (TRIBE) traded up 4.4% against the dollar during the 24-hour period ending at 21:00 PM ET on July 27th. One Tribe token can now be bought for approximately $0.48 or 0.00000703 BTC on major exchanges. Over the last week, Tribe has traded 2.3% lower against the dollar. Tribe has a market capitalization of $257.59 million and $312,247.30 worth of Tribe was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 0.1% against the dollar and now trades at $0.19 or 0.00000273 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 0.4% against the dollar and now trades at $0.0134 or 0.00000020 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Tribe Profile

Tribe was first traded on March 31st, 2021. Tribe’s total supply is 1,000,000,000 tokens and its circulating supply is 539,723,620 tokens. The official message board for Tribe is medium.com/fei-protocol. The official website for Tribe is fei.money. Tribe’s official Twitter account is @feiprotocol and its Facebook page is accessible here.

According to CryptoCompare, “TRIBE is a governance token used to manage the Fei Protocol. Its main focus is maintaining the peg, upgrading the protocol and integrating with other systems. The Tribe DAO, which is controlled by TRIBE token holders, has ultimate control over the Tribe ecosystem, including the ability to move PCV, mint FEI, create and grant access roles. Proposals must be created and passed to perform actions, with a proposal threshold of 2.5M TRIBE and a quorum of 25M TRIBE. Additionally, Tribe Turbo is a mechanism used to issue stablecoins and earn yield.”

Buying and Selling Tribe

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

TRIBE/USD price chart by TradingView