Tribe (TRIBE) Reaches Market Cap of $238.04 Million

Tribe (TRIBE) traded up 11.7% against the U.S. dollar during the 1-day period ending at 21:00 PM ET on October 23rd. Tribe has a market capitalization of $238.04 million and approximately $61,887.79 worth of Tribe was traded on exchanges in the last 24 hours. Over the last week, Tribe has traded down 1% against the U.S. dollar. One Tribe token can now be bought for approximately $0.44 or 0.00000653 BTC on exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded down 2.6% against the dollar and now trades at $164.29 or 0.00244273 BTC.

About Tribe

Tribe was first traded on March 31st, 2021. Tribe’s total supply is 1,000,000,000 tokens and its circulating supply is 541,789,344 tokens. Tribe’s official website is fei.money. Tribe’s official Twitter account is @feiprotocol and its Facebook page is accessible here. Tribe’s official message board is medium.com/fei-protocol.

According to CryptoCompare, “TRIBE is a governance token used to manage the Fei Protocol. Its main focus is maintaining the peg, upgrading the protocol and integrating with other systems. The Tribe DAO, which is controlled by TRIBE token holders, has ultimate control over the Tribe ecosystem, including the ability to move PCV, mint FEI, create and grant access roles. Proposals must be created and passed to perform actions, with a proposal threshold of 2.5M TRIBE and a quorum of 25M TRIBE. Additionally, Tribe Turbo is a mechanism used to issue stablecoins and earn yield.”

Buying and Selling Tribe

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

TRIBE/USD price chart by TradingView