Ribbon Finance (RBN) Reaches Self Reported Market Cap of $18.26 Million

Ribbon Finance (RBN) traded down 6.6% against the U.S. dollar during the twenty-four hour period ending at 7:00 AM E.T. on March 6th. Ribbon Finance has a total market capitalization of $18.26 million and approximately $198,445.90 worth of Ribbon Finance was traded on exchanges in the last 24 hours. In the last seven days, Ribbon Finance has traded up 1.5% against the U.S. dollar. One Ribbon Finance token can currently be bought for about $0.19 or 0.00000208 BTC on cryptocurrency exchanges.

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

• Taiko (TAIKO) traded 1.2% higher against the dollar and now trades at $0.84 or 0.00000925 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 2.2% lower 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 0.4% higher against the dollar and now trades at $90,608.15 or 0.99858322 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.6% higher against the dollar and now trades at $90,078.99 or 0.99275138 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Ribbon Finance Profile

Ribbon Finance launched on May 24th, 2021. Ribbon Finance’s total supply is 1,000,000,000 tokens and its circulating supply is 96,833,953 tokens. Ribbon Finance’s official message board 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.”

Ribbon Finance Token Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Ribbon Finance directly using US dollars. Investors seeking to acquire Ribbon Finance should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ribbon Finance using one of the aforementioned exchanges.

RBN/USD price chart by TradingView