Ribbon Finance (RBN) Hits Self Reported Market Capitalization of $366.49 Million

Ribbon Finance (RBN) traded 4.3% lower against the U.S. dollar during the one day period ending at 23:00 PM ET on April 18th. Ribbon Finance has a total market capitalization of $366.49 million and $4.70 million worth of Ribbon Finance was traded on exchanges in the last day. During the last seven days, Ribbon Finance has traded down 33.5% against the U.S. dollar. One Ribbon Finance token can now be purchased for $1.09 or 0.00001760 BTC on exchanges.

Here is how other cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded up 0% against the dollar and now trades at $0.32 or 0.00000525 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 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 down 2.7% against the dollar and now trades at $0.0084 or 0.00000014 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 was first traded on May 24th, 2021. Ribbon Finance’s total supply is 1,000,000,000 tokens and its circulating supply is 336,479,659 tokens. Ribbon Finance’s official website is www.ribbon.finance. 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.

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 currently possible to purchase alternative cryptocurrencies such as Ribbon Finance directly using U.S. dollars. Investors seeking to trade Ribbon Finance should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ribbon Finance using one of the aforementioned exchanges.

RBN/USD price chart by TradingView