Ribbon Finance Price Down 11.1% Over Last Week (RBN)

Ribbon Finance (RBN) traded up 0.3% against the U.S. dollar during the 24 hour period ending at 7:00 AM E.T. on December 21st. Ribbon Finance has a market capitalization of $3.08 million and approximately $18.75 worth of Ribbon Finance was traded on exchanges in the last day. One Ribbon Finance token can now be bought for $0.0366 or 0.00000041 BTC on cryptocurrency exchanges. In the last week, Ribbon Finance has traded down 11.1% against the U.S. dollar.

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

• 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.
• 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.
• SolvBTC (SOLVBTC) traded 0.2% lower against the dollar and now trades at $87,992.17 or 0.99318231 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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 84,133,168 tokens. The official message board for Ribbon Finance 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 protocol that helps users access crypto structured products for DeFi. It combines options, futures, and fixed income to improve a portfolio's risk-return profile.RBN is a governance token that has a few primary use cases: Steward the development of the protocol & get community feedback on important parameters such as fee models; Align incentives between the Ribbon stakeholders (product creators, users, team), such as liquidity mining programs or grants and Unite all current and future Ribbon products under a single umbrella.”

Buying and Selling Ribbon Finance

It is usually not currently possible to purchase alternative cryptocurrencies such as Ribbon Finance directly using U.S. dollars. Investors seeking to trade Ribbon Finance should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ribbon Finance using one of the aforementioned exchanges.

RBN/USD price chart by TradingView