Ribbon Finance (RBN) Self Reported Market Capitalization Tops $67.45 Million

Ribbon Finance (RBN) traded 14.9% lower against the U.S. dollar during the twenty-four hour period ending at 15:00 PM ET on July 4th. Ribbon Finance has a total market capitalization of $67.45 million and $1.82 million worth of Ribbon Finance was traded on exchanges in the last day. During the last seven days, Ribbon Finance has traded 15.8% lower against the U.S. dollar. One Ribbon Finance token can now be bought for approximately $0.42 or 0.00000726 BTC on exchanges.

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

• KILT Protocol (KILT) traded 5.7% lower against the dollar and now trades at $0.19 or 0.00000324 BTC.
• 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1% lower against the dollar and now trades at $0.0118 or 0.00000020 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Ribbon Finance Profile

Ribbon Finance was first traded on May 24th, 2021. Ribbon Finance’s total supply is 1,000,000,000 tokens and its circulating supply is 158,851,363 tokens. Ribbon Finance’s official Twitter account is @ribbonfinance and its Facebook page is accessible here. The official message board for Ribbon Finance is ribbonfinance.medium.com. 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 US dollars. Investors seeking to trade Ribbon Finance should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ribbon Finance using one of the aforementioned exchanges.

RBN/USD price chart by TradingView