Ribbon Finance (RBN) Price Down 9.1% Over Last Week

Ribbon Finance (RBN) traded down 9.2% against the dollar during the twenty-four hour period ending at 20:00 PM Eastern on August 11th. Ribbon Finance has a market capitalization of $45.27 million and $1.03 million worth of Ribbon Finance was traded on exchanges in the last 24 hours. One Ribbon Finance token can now be purchased for approximately $0.34 or 0.00000573 BTC on major exchanges. Over the last week, Ribbon Finance has traded 9.1% lower against the dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• 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 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 0.6% lower against the dollar and now trades at $0.0127 or 0.00000022 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 6% higher against the dollar and now trades at $0.0566 or 0.00000096 BTC.

Ribbon Finance Profile

Ribbon Finance’s launch date was May 24th, 2021. Ribbon Finance’s total supply is 1,000,000,000 tokens and its circulating supply is 133,975,662 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. Ribbon Finance’s official website is www.ribbon.finance.

According to CryptoCompare, “Ribbon Finance is a protocol that helps users access crypto structured products for DeFi. It combines options, futures, and fixed income to improve a portfolio's risk-return profile.RBN is a governance token that has a few primary use cases: Steward the development of the protocol & get community feedback on important parameters such as fee models; Align incentives between the Ribbon stakeholders (product creators, users, team), such as liquidity mining programs or grants and Unite all current and future 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 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, GDAX 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