Ribbon Finance (RBN) Self Reported Market Cap Hits $419.70 Million

Ribbon Finance (RBN) traded up 2.3% against the dollar during the 24-hour period ending at 16:00 PM E.T. on May 5th. In the last seven days, Ribbon Finance has traded 5.1% higher against the dollar. One Ribbon Finance token can now be purchased for approximately $1.25 or 0.00001957 BTC on popular exchanges. Ribbon Finance has a market capitalization of $419.70 million and approximately $4.00 million worth of Ribbon Finance was traded on exchanges in the last 24 hours.

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

• KILT Protocol (KILT) traded up 0.7% against the dollar and now trades at $0.30 or 0.00000474 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 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.
• 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 down 1% against the dollar and now trades at $0.0100 or 0.00000016 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 genesis 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. The official message board for Ribbon Finance is ribbonfinance.medium.com. Ribbon Finance’s official website is www.ribbon.finance. Ribbon Finance’s official Twitter account is @ribbonfinance and its Facebook page is accessible here.

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

RBN/USD price chart by TradingView