Ribbon Finance Reaches Self Reported Market Capitalization of $77.01 Million (RBN)

Ribbon Finance (RBN) traded 14.7% lower against the dollar during the twenty-four hour period ending at 13:00 PM E.T. on June 18th. Ribbon Finance has a total market cap of $77.01 million and approximately $1.95 million worth of Ribbon Finance was traded on exchanges in the last 24 hours. One Ribbon Finance token can now be purchased for about $0.48 or 0.00000749 BTC on major cryptocurrency exchanges. Over the last seven days, Ribbon Finance has traded 30.5% lower against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded down 5.4% against the dollar and now trades at $0.21 or 0.00000324 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% 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.
• 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 down 1.6% against the dollar and now trades at $0.0102 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Ribbon Finance

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 159,516,238 tokens. Ribbon Finance’s official message board is ribbonfinance.medium.com. The official website for Ribbon Finance 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 presently possible to purchase alternative cryptocurrencies such as Ribbon Finance directly using U.S. dollars. Investors seeking to trade Ribbon Finance should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. 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