Ribbon Finance (RBN) Hits Self Reported Market Cap of $377.68 Million

Ribbon Finance (RBN) traded 6.8% higher against the US dollar during the 24 hour period ending at 8:00 AM ET on April 28th. One Ribbon Finance token can currently be bought for $1.12 or 0.00001768 BTC on popular exchanges. Ribbon Finance has a total market capitalization of $377.68 million and approximately $5.37 million worth of Ribbon Finance was traded on exchanges in the last day. During the last seven days, Ribbon Finance has traded 3% lower against the US dollar.

Here is how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 6.7% against the dollar and now trades at $0.30 or 0.00000465 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 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 up 0.9% against the dollar and now trades at $0.0097 or 0.00000015 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 was first traded on 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. Ribbon Finance’s official Twitter account is @ribbonfinance and its Facebook page is accessible here. The official message board for Ribbon Finance is ribbonfinance.medium.com.

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

RBN/USD price chart by TradingView