Ribbon Finance Achieves Self Reported Market Cap of $41.56 Million (RBN)

Ribbon Finance (RBN) traded 1.4% lower against the dollar during the one day period ending at 11:00 AM E.T. on November 14th. Ribbon Finance has a market cap of $41.56 million and approximately $302,542.06 worth of Ribbon Finance was traded on exchanges in the last 24 hours. One Ribbon Finance token can now be purchased for about $0.36 or 0.00000414 BTC on exchanges. In the last seven days, Ribbon Finance has traded 9.8% higher against the dollar.

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

• 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 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.
• SolvBTC (SOLVBTC) traded 4% lower against the dollar and now trades at $88,049.27 or 1.00049023 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 4.3% against the dollar and now trades at $87,999.90 or 0.99992915 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.

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 114,051,945 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 trade Ribbon Finance should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ribbon Finance using one of the exchanges listed above.

RBN/USD price chart by TradingView