Ripio Credit Network Market Cap Hits $53.58 Million (CRYPTO:RCN)

Ripio Credit Network (CURRENCY:RCN) traded up 2.1% against the US dollar during the 24-hour period ending at 4:00 AM ET on February 19th. One Ripio Credit Network token can now be bought for $0.11 or 0.00001205 BTC on popular exchanges including Gate.io, Huobi, Bittrex and OKEx. During the last week, Ripio Credit Network has traded down 23.1% against the US dollar. Ripio Credit Network has a total market cap of $53.58 million and $6.29 million worth of Ripio Credit Network was traded on exchanges in the last 24 hours.

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

  • Electroneum (ETN) traded up 12.2% against the dollar and now trades at $0.0508 or 0.00000558 BTC.
  • Nimiq (NET) traded 5.4% lower against the dollar and now trades at $2.43 or 0.00026707 BTC.
  • Elastic (XEL) traded 5% lower against the dollar and now trades at $0.23 or 0.00002472 BTC.
  • Golos (GOLOS) traded up 1.8% against the dollar and now trades at $0.0989 or 0.00001083 BTC.
  • Bismuth (BIS) traded up 1.1% against the dollar and now trades at $1.28 or 0.00014001 BTC.
  • Bytecent (BYC) traded 2.9% higher against the dollar and now trades at $0.75 or 0.00008277 BTC.
  • Woodcoin (LOG) traded down 7% against the dollar and now trades at $0.16 or 0.00001750 BTC.
  • Indicoin (INDI) traded 7.5% lower against the dollar and now trades at $0.0137 or 0.00000150 BTC.

About Ripio Credit Network

Ripio Credit Network uses the hashing algorithm. It launched on October 24th, 2017. Ripio Credit Network’s total supply is 999,942,647 tokens and its circulating supply is 488,733,009 tokens. 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. “

Ripio Credit Network Token Trading

Ripio Credit Network can be purchased on the following cryptocurrency exchanges: Gate.io, Huobi, EtherDelta, OKEx, Binance and Bittrex. It is not possible to buy Ripio Credit Network directly using US dollars. Investors seeking to acquire Ripio Credit Network must first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ripio Credit Network using one of the exchanges listed above.

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