Ripio Credit Network (RCN) Market Cap Reaches $5.19 Million

Ripio Credit Network (CURRENCY:RCN) traded up 2.7% against the US dollar during the 24 hour period ending at 0:00 AM Eastern on January 14th. Ripio Credit Network has a total market capitalization of $5.19 million and $37,280.00 worth of Ripio Credit Network was traded on exchanges in the last day. One Ripio Credit Network coin can currently be bought for approximately $0.0102 or 0.00000024 BTC on major cryptocurrency exchanges. In the last seven days, Ripio Credit Network has traded 1.1% higher against the US dollar.

Here is how similar cryptocurrencies have performed in the last day:

  • Arweave (AR) traded 0.4% lower against the dollar and now trades at $50.05 or 0.00116465 BTC.
  • Pax Dollar (USDP) traded up 0.2% against the dollar and now trades at $1.00 or 0.00002330 BTC.
  • Pax Dollar (USDP) traded flat against the dollar and now trades at $1.00 or 0.00001644 BTC.
  • The Transfer Token (TTT) traded up 2.2% against the dollar and now trades at $6.48 or 0.00015071 BTC.
  • Carry (CRE) traded up 2.3% against the dollar and now trades at $0.0087 or 0.00000020 BTC.
  • SOLVE (SOLVE) traded 2% higher against the dollar and now trades at $0.12 or 0.00000269 BTC.
  • Project Pai (PAI) traded 6.6% higher against the dollar and now trades at $0.0039 or 0.00000009 BTC.
  • HoryouToken (HYT) traded flat against the dollar and now trades at $0.0052 or 0.00000013 BTC.
  • HitChain (HIT) traded 4.5% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
  • My Master War (MAT) traded 0.3% higher against the dollar and now trades at $0.38 or 0.00000890 BTC.

Ripio Credit Network Profile

Ripio Credit Network (CRYPTO:RCN) is a proof-of-work (PoW) coin that uses the ETH Token hashing algorithm. It was first traded on October 24th, 2017. Ripio Credit Network’s total supply is 999,942,647 coins and its circulating supply is 508,404,746 coins. The official website for Ripio Credit Network is ripiocredit.network. The Reddit community for Ripio Credit Network is /r/RipioCreditNetwork and the currency’s Github account can be viewed here. Ripio Credit Network’s official Twitter account is @RCN_token and its Facebook page is accessible here.

According to CryptoCompare, “RCN is a global credit network based on cosigned smart contracts that connects lenders and borrowers located anywhere in the world and on any currency. The smart contracts connect agents with information on the borrower’s identity to agents that analyze the borrower’s credit risk impartially, thus standardizing credit lending through blockchain technology. A cosigner acts as a re insurer that distributes and reduces the lender’s risk and, at the same time, helps to improve the contract conditions by retaining access to the borrower’s local legal system. “

Buying and Selling Ripio Credit Network

It is usually not possible to purchase alternative cryptocurrencies such as Ripio Credit Network directly using U.S. dollars. Investors seeking to trade Ripio Credit Network 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 Ripio Credit Network using one of the aforementioned exchanges.

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