Ribbon Finance (RBN) Reaches Self Reported Market Capitalization of $363.65 Million

Ribbon Finance (RBN) traded down 0.4% against the dollar during the twenty-four hour period ending at 10:00 AM Eastern on April 27th. Ribbon Finance has a market capitalization of $363.65 million and approximately $2.85 million worth of Ribbon Finance was traded on exchanges in the last day. One Ribbon Finance token can now be purchased for about $1.08 or 0.00001710 BTC on popular cryptocurrency exchanges. Over the last week, Ribbon Finance has traded 9% higher against the dollar.

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

• KILT Protocol (KILT) traded 1.6% lower against the dollar and now trades at $0.32 or 0.00000502 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.
• Kitty Inu (KITTY) traded 1.9% higher 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 1.7% against the dollar and now trades at $0.0096 or 0.00000015 BTC.
• AXIA Coin (AXC) traded down 0.1% 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 336,479,659 tokens. 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. The official message board for Ribbon Finance is ribbonfinance.medium.com.

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 buy alternative cryptocurrencies such as Ribbon Finance directly using US dollars. Investors seeking to acquire Ribbon Finance should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ribbon Finance using one of the aforementioned exchanges.

RBN/USD price chart by TradingView