Ribbon Finance (RBN) Self Reported Market Capitalization Tops $378.09 Million

Ribbon Finance (RBN) traded up 2.1% against the dollar during the one day period ending at 18:00 PM Eastern on May 2nd. Over the last week, Ribbon Finance has traded up 4.8% against the dollar. Ribbon Finance has a total market cap of $378.09 million and $6.59 million worth of Ribbon Finance was traded on exchanges in the last day. One Ribbon Finance token can now be bought for about $1.12 or 0.00001896 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 4.9% against the dollar and now trades at $0.30 or 0.00000502 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 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 1.2% higher 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 up 3% against the dollar and now trades at $0.0100 or 0.00000017 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Ribbon Finance

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 336,479,659 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. Ribbon Finance’s official website 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 currently possible to purchase alternative cryptocurrencies such as Ribbon Finance directly using US dollars. Investors seeking to trade Ribbon Finance should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. 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