Ribbon Finance Hits Self Reported Market Cap of $36.41 Million (RBN)

Ribbon Finance (RBN) traded down 1% against the U.S. dollar during the one day period ending at 7:00 AM ET on December 28th. One Ribbon Finance token can now be purchased for approximately $0.37 or 0.00000393 BTC on major cryptocurrency exchanges. Ribbon Finance has a market capitalization of $36.41 million and approximately $194,499.29 worth of Ribbon Finance was traded on exchanges in the last day. Over the last seven days, Ribbon Finance has traded down 6.1% against the U.S. dollar.

Here’s how related cryptocurrencies have performed over 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 2.1% lower against the dollar and now trades at $94,273.62 or 0.99718070 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2% against the dollar and now trades at $93,920.01 or 0.99344038 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Ribbon Finance Token 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 98,060,893 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 currently possible to purchase alternative cryptocurrencies such as Ribbon Finance directly using US dollars. Investors seeking to acquire Ribbon Finance should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ribbon Finance using one of the exchanges listed above.

RBN/USD price chart by TradingView