Ribbon Finance (RBN) Self Reported Market Capitalization Achieves $17.79 Million

Ribbon Finance (RBN) traded down 0.3% against the dollar during the 24-hour period ending at 7:00 AM Eastern on March 2nd. Ribbon Finance has a total market capitalization of $17.79 million and approximately $8,360.60 worth of Ribbon Finance was traded on exchanges in the last 24 hours. One Ribbon Finance token can currently be purchased for approximately $0.18 or 0.00000212 BTC on popular cryptocurrency exchanges. In the last week, Ribbon Finance has traded 9.1% lower against the dollar.

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

• Taiko (TAIKO) traded 1.6% lower against the dollar and now trades at $0.96 or 0.00001111 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 down 2.2% 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 1.1% higher against the dollar and now trades at $85,784.06 or 0.99664873 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.6% higher against the dollar and now trades at $85,532.81 or 0.99372968 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Ribbon Finance Token Profile

Ribbon Finance launched on May 24th, 2021. Ribbon Finance’s total supply is 1,000,000,000 tokens and its circulating supply is 97,600,194 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. The official website for Ribbon Finance 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 possible to purchase alternative cryptocurrencies such as Ribbon Finance directly using US dollars. Investors seeking to trade Ribbon Finance should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ribbon Finance using one of the aforementioned exchanges.

RBN/USD price chart by TradingView