Tribe Market Cap Hits $240.66 Million (TRIBE)

Tribe (TRIBE) traded up 1.3% against the U.S. dollar during the 24 hour period ending at 22:00 PM ET on October 16th. One Tribe token can currently be purchased for $0.44 or 0.00000655 BTC on popular cryptocurrency exchanges. Tribe has a market capitalization of $240.66 million and $56,442.20 worth of Tribe was traded on exchanges in the last day. Over the last week, Tribe has traded up 7.6% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• 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.
• 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.
• Lumi Credits (LUMI) traded 8.9% higher 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 0% against the dollar and now trades at $0.0494 or 0.00000073 BTC.
• P2P Solutions foundation (P2PS) traded 1% higher against the dollar and now trades at $171.07 or 0.00252102 BTC.

Tribe Token Profile

Tribe’s launch date was March 31st, 2021. Tribe’s total supply is 1,000,000,000 tokens and its circulating supply is 541,789,344 tokens. The official website for Tribe is fei.money. Tribe’s official Twitter account is @feiprotocol and its Facebook page is accessible here. Tribe’s official message board is medium.com/fei-protocol.

According to CryptoCompare, “TRIBE is a governance token used to manage the Fei Protocol. Its main focus is maintaining the peg, upgrading the protocol and integrating with other systems. The Tribe DAO, which is controlled by TRIBE token holders, has ultimate control over the Tribe ecosystem, including the ability to move PCV, mint FEI, create and grant access roles. Proposals must be created and passed to perform actions, with a proposal threshold of 2.5M TRIBE and a quorum of 25M TRIBE. Additionally, Tribe Turbo is a mechanism used to issue stablecoins and earn yield.”

Buying and Selling Tribe

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

TRIBE/USD price chart by TradingView