Ribbon Finance (RBN) Trading Down 9.9% This Week

Ribbon Finance (RBN) traded down 1% against the US dollar during the 24 hour period ending at 11:00 AM ET on December 16th. One Ribbon Finance token can currently be bought for about $0.50 or 0.00000470 BTC on cryptocurrency exchanges. Ribbon Finance has a market cap of $49.81 million and $372,321.23 worth of Ribbon Finance was traded on exchanges in the last day. In the last seven days, Ribbon Finance has traded 9.9% lower against the US dollar.

Here’s how other cryptocurrencies have performed in the last day:

• 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 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 3.4% against the dollar and now trades at $105,974.32 or 0.99723826 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.5% higher against the dollar and now trades at $105,529.39 or 0.99305134 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 launched on May 24th, 2021. Ribbon Finance’s total supply is 1,000,000,000 tokens and its circulating supply is 99,622,901 tokens. Ribbon Finance’s official message board is ribbonfinance.medium.com. Ribbon Finance’s official website 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 currently possible to purchase alternative cryptocurrencies such as Ribbon Finance directly using U.S. dollars. Investors seeking to acquire Ribbon Finance should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ribbon Finance using one of the aforementioned exchanges.

RBN/USD price chart by TradingView