Ribbon Finance Hits Self Reported Market Capitalization of $47.78 Million (RBN)

Ribbon Finance (RBN) traded up 0.1% against the U.S. dollar during the 24-hour period ending at 12:00 PM E.T. on August 15th. Over the last seven days, Ribbon Finance has traded up 2.9% against the U.S. dollar. Ribbon Finance has a market cap of $47.78 million and approximately $1.40 million worth of Ribbon Finance was traded on exchanges in the last 24 hours. One Ribbon Finance token can currently be bought for $0.36 or 0.00000599 BTC on exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 1% higher against the dollar and now trades at $0.0132 or 0.00000022 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 5.8% against the dollar and now trades at $0.0495 or 0.00000083 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 133,540,522 tokens. The official message board for Ribbon Finance 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.”

Buying and Selling Ribbon Finance

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ribbon Finance using one of the aforementioned exchanges.

RBN/USD price chart by TradingView