Ribbon Finance Tops One Day Trading Volume of $3.47 Million (RBN)

Ribbon Finance (RBN) traded down 1.4% against the U.S. dollar during the 24 hour period ending at 10:00 AM ET on May 5th. Ribbon Finance has a market cap of $407.57 million and $3.47 million worth of Ribbon Finance was traded on exchanges in the last 24 hours. One Ribbon Finance token can currently be purchased for approximately $1.21 or 0.00001888 BTC on exchanges. During the last seven days, Ribbon Finance has traded up 4.2% against the U.S. dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded up 1.5% against the dollar and now trades at $0.30 or 0.00000472 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 0.9% against the dollar and now trades at $0.0100 or 0.00000016 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 336,479,659 tokens. Ribbon Finance’s official website is www.ribbon.finance. Ribbon Finance’s official message board 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.”

Ribbon Finance Token Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Ribbon Finance directly using U.S. dollars. Investors seeking to acquire Ribbon Finance should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. 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