Ripio Credit Network (RCN) is not tradable on Coinbase.
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Ripio Credit Network Price (RCN)
Market stats
Ripio Credit Network is on the rise this week. ↗
The price of Ripio Credit Network has increased by 0.19% in the last hour and decreased by 0.35% in the past 24 hours. Ripio Credit Network’s price has also risen by 4.11% in the past week. The current price is $0.0011 per RCN with a 24-hour trading volume of $56.64. Currently, Ripio Credit Network is valued at 99.79% 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 530,848,856.408.
Overall
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$566,220.31
Volume (24h)
$56.64
Circulating
530.8M RCN
All time high
$0.52
Price change
1 hour
↗ 0.19%
1 day
↘ 0.35%
1 week
↗ 4.11%
2 weeks
↗ 0.53%
1 month
↗ 9.66%
1 year
↘ 33.19%
1 year benchmarks
Performance
↘ 32.39%
Vs. Market
↘ 70.68%
Vs. BTC
↘ 74.01%
Vs. ETH
↘ 52.87%
About Ripio Credit Network
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 $566.22K. 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 $56.64.
Assets that have a similar market cap to Ripio Credit Network include TUNACOIN, Darkness Dollar, Open Rights Exchange, 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.
Ripio Credit Network Price History
Date | Price | Change |
|---|---|---|
Today (January 23, 2025) | $0.0011 | -0.34% |
24 hours ago (January 22, 2025) | $0.0011 | -0.35% |
1 week ago (January 16, 2025) | $0.0010 | 4.11% |
1 month ago (December 23, 2024) | $0.000964 | 9.66% |
1 year ago | $0.0016 | -33.19% |
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