Ribbon Finance Achieves Self Reported Market Cap of $2.72 Million (RBN)

Ribbon Finance (RBN) traded down 8% against the dollar during the 1-day period ending at 7:00 AM Eastern on January 30th. Ribbon Finance has a market capitalization of $2.72 million and $296.98 worth of Ribbon Finance was traded on exchanges in the last day. One Ribbon Finance token can currently be purchased for approximately $0.0325 or 0.00000039 BTC on major cryptocurrency exchanges. In the last seven days, Ribbon Finance has traded down 14.2% against the dollar.

Here’s how other cryptocurrencies have performed in 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 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.
• 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.
• SolvBTC (SOLVBTC) traded down 6.1% against the dollar and now trades at $82,410.24 or 0.99707183 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 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 83,866,806 tokens. Ribbon Finance’s official Twitter account is @ribbonfinance and its Facebook page is accessible here. Ribbon Finance’s official website is www.ribbon.finance. The official message board for Ribbon Finance is ribbonfinance.medium.com.

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

RBN/USD price chart by TradingView