About Ripio Credit Network
Market Stats
Market Cap
$339,094.76
FDV
No data
Circulating Supply
530,848,856.408 RCN
Max Supply
No data
Total Supply
999,942,647.353 RCN
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$445.66
74.32%
All time high
$0.52
Additional info about Ripio Credit Network
Networks and details
The price of Ripio Credit Network has increased by 0.51% in the last hour and increased by 2.33% in the past 24 hours. Ripio Credit Network’s price has also fallen by 13.56% in the past week. The current price is $0.000638 per RCN with a 24-hour trading volume of $445.66. Currently, Ripio Credit Network is valued at 99.88% below its all time high of $0.52. This all-time high was the highest price paid for Ripio Credit Network since its launch.
The current circulating supply of Ripio Credit Network is 530,848,856.408 RCN which means that Ripio Credit Network has as total market cap of $339,094.76.
Price history
Today | $0.000638 | ↗ 2.33% |
1 Day | $0.000623 | ↗ 2.33% |
1 Week | $0.000738 | ↘ 13.56% |
1 Month | $0.000768 | ↘ 16.90% |
1 Year | $0.0025 | ↘ 74.19% |
Market details
Performance against other markets | ↘ 74.52% |
Performance against BTC | ↘ 78.49% |
Performance against ETH | ↘ 49.22% |
Performance in the past year | ↘ 74.19% |
FAQ
Ripio credit network (RCN) is an open-source network that bridges lenders and borrowers and creates frictionless, transparent, and borderless loan markets. The network solves the problem in the traditional banking institutions and various P2P lending alternative platforms. The problems include unbanked population across the globe, focusing on geographical locations to offer credit, loans based on risk capacities, risk evaluation, etc. The Ripio credit network relies on smart contracts to ensure standardized lending through blockchain technology. The network uses Ethereum blockchain to connect credit supply and demand across borders and creates a new ecosystem of decentralized lending and borrowing solutions for multiple users. According to the whitepaper, the network aims to bring transparency and reliability in credit and lending.
The network supports both DeFi and CeFi loans, allowing lenders to access multiple lending alternatives within the platform. Also, the network supports multiple currencies for the ease of platform users to lend or borrow currencies. The P2P loans on the network remain stable during the term to receive a fixed amount from the borrowers. Moreover, borrowers can request funds in a customizable pattern, putting their needs and preferences first. The network also connects corporate borrowers with global retail lenders. RCN provides direct access to funding and removes third-party involvement. As a result, the operation and financing costs get reduced.
RCN is the native token of the Ripio credit network. Users can use RCN to facilitate transactions with other users of the network. Also, users need RCN tokens to access the Ripio credit network. The network also uses RCN tokens to incentivize platform users who participate in the network.
Sebastian Serrano, the CEO, founded the Ripio credit network in 2016. The total supply of the Ripio credit network is 999,942,647.35309003174008 RCN.
We update our Ripio Credit Network to USD currency in real-time. Get the live price of Ripio Credit Network on Coinbase.
The current market cap of Ripio Credit Network is $339.09K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Ripio Credit Network is $0.52. This all-time high is highest price paid for Ripio Credit Network since it was launched.
Over the last 24 hours, the trading volume of Ripio Credit Network is $445.66.
Assets that have a similar market cap to Ripio Credit Network include DARKTIMES, Mobius, Mantle Inu, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Ripio Credit Network is 531 million.
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Social stats
Popularity in posts
#4400
Contributors
10
Posts
606,344
% About Ripio Credit Network
0.002%
Hold times
0 days
X (Twitter)
46.15% bullish
Sentiment
3.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
10 unique individuals are talking about Ripio Credit Network and it is ranked #4,400 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Ripio Credit Network has an average sentiment score of 3.4 out of 5. Finally, Ripio Credit Network is becoming more newsworthy, with 0 news articles published about Ripio Credit Network. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Ripio Credit Network. There were 46.15% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Ripio Credit Network. 53.85% of tweets were neutral about Ripio Credit Network. These sentiments are based on 12 tweets.
On Reddit, Ripio Credit Network was mentioned in 0 Reddit posts and there were 0 comments about Ripio Credit Network. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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