Ribbon Finance Self Reported Market Cap Hits $567.24 Million (RBN)

Ribbon Finance (RBN) traded 5.1% higher against the US dollar during the one day period ending at 9:00 AM Eastern on March 29th. One Ribbon Finance token can currently be purchased for approximately $1.69 or 0.00002403 BTC on cryptocurrency exchanges. During the last week, Ribbon Finance has traded up 20.8% against the US dollar. Ribbon Finance has a total market cap of $567.24 million and $18.49 million worth of Ribbon Finance was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

  • KILT Protocol (KILT) traded down 1.4% against the dollar and now trades at $0.43 or 0.00000619 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 0.7% higher against the dollar and now trades at $0.0093 or 0.00000013 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 336,479,659 tokens. Ribbon Finance’s official website is www.ribbon.finance. 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.

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

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