Ribbon Finance Achieves Self Reported Market Capitalization of $56.56 Million (RBN)

Ribbon Finance (RBN) traded down 1.7% against the US dollar during the twenty-four hour period ending at 20:00 PM Eastern on August 25th. One Ribbon Finance token can currently be bought for approximately $0.43 or 0.00000675 BTC on popular exchanges. During the last seven days, Ribbon Finance has traded up 26.9% against the US dollar. Ribbon Finance has a total market capitalization of $56.56 million and approximately $1.32 million worth of Ribbon Finance was traded on exchanges in the last day.

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

• 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 4.2% against the dollar and now trades at $0.0622 or 0.00000096 BTC.
• P2P Solutions foundation (P2PS) traded down 0.8% against the dollar and now trades at $158.35 or 0.00246531 BTC.

Ribbon Finance Profile

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 130,468,513 tokens. 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. 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.”

Ribbon Finance Token Trading

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

RBN/USD price chart by TradingView