Ribbon Finance (RBN) Price Action
– RBN token rose by 5.85% to $0.189 after a recent downfall.
– The token has shown versatility in its performance over the past year.
– The overall market cap and trading volume have increased, indicating increased interest among investors.
– MEV Capital and Marex’s involvement in Ribbon Finance has contributed to the token’s rise.
RBN Technical Analysis – Long-Term Prediction
– Ribbon Finance broke out of a downtrend and formed a horizontal accumulation channel.
– The price has already surged by 70% and has potential for further gains.
– The project has undergone a full rebrand on AEVO, which is a bullish indicator.
What is Ribbon Finance?
– Ribbon Finance is a DeFi platform on the Ethereum blockchain.
– It offers financial tools centered around options and structured products.
– The RBN token is the native utility token of Ribbon Finance, used for governance and collateralization.
Aevo Launches on Mainnet
– Aevo is a DEX that offers perpetuals and options trading.
– Ribbon Finance users received 2 Aevo NFT passes as a bonus.
yPredict – A Better Alternative?
– yPredict is a high-tech financial prediction tool powered by AI.
– They combine traditional and modern models to improve accuracy.
– yPredict plans to launch its marketplace and offer various products for different players in the finance industry.
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