Tribe Achieves Market Cap of $247.95 Million (TRIBE)

Tribe (TRIBE) traded 5.5% lower against the US dollar during the 1-day period ending at 19:00 PM E.T. on August 12th. One Tribe token can currently be purchased for $0.46 or 0.00000779 BTC on popular cryptocurrency exchanges. Tribe has a total market capitalization of $247.95 million and $328,926.36 worth of Tribe was traded on exchanges in the last day. Over the last seven days, Tribe has traded down 7.7% against the US dollar.

Here is how similar cryptocurrencies have performed over the last day:

• 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 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 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.
• Lumi Credits (LUMI) traded down 0.7% against the dollar and now trades at $0.0127 or 0.00000021 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 down 7.9% against the dollar and now trades at $0.0522 or 0.00000088 BTC.

Tribe Profile

Tribe was first traded on March 31st, 2021. Tribe’s total supply is 1,000,000,000 tokens and its circulating supply is 539,723,620 tokens. Tribe’s official message board is medium.com/fei-protocol. Tribe’s official Twitter account is @feiprotocol and its Facebook page is accessible here. The official website for Tribe is fei.money.

According to CryptoCompare, “TRIBE is a governance token used to manage the Fei Protocol. Its main focus is maintaining the peg, upgrading the protocol and integrating with other systems. The Tribe DAO, which is controlled by TRIBE token holders, has ultimate control over the Tribe ecosystem, including the ability to move PCV, mint FEI, create and grant access roles. Proposals must be created and passed to perform actions, with a proposal threshold of 2.5M TRIBE and a quorum of 25M TRIBE. Additionally, Tribe Turbo is a mechanism used to issue stablecoins and earn yield.”

Tribe Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Tribe directly using US dollars. Investors seeking to acquire Tribe should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Tribe using one of the exchanges listed above.

TRIBE/USD price chart by TradingView