Tribe Achieves Market Cap of $255.66 Million (TRIBE)

Tribe (TRIBE) traded 4% lower against the US dollar during the 1-day period ending at 12:00 PM ET on April 23rd. One Tribe token can currently be purchased for $0.48 or 0.00000716 BTC on cryptocurrency exchanges. Tribe has a total market capitalization of $255.66 million and $393,593.97 worth of Tribe was traded on exchanges in the last day. During the last week, Tribe has traded up 8.4% against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded 1% lower against the dollar and now trades at $0.34 or 0.00000504 BTC.
  • 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 0.2% lower against the dollar and now trades at $0.0088 or 0.00000013 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Tribe Profile

Tribe launched on March 31st, 2021. Tribe’s total supply is 1,000,000,000 tokens and its circulating supply is 536,114,546 tokens. The official message board for Tribe is medium.com/fei-protocol. The official website for Tribe is fei.money. Tribe’s official Twitter account is @feiprotocol and its Facebook page is accessible here.

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 currently possible to purchase alternative cryptocurrencies such as Tribe directly using US dollars. Investors seeking to acquire Tribe should first purchase Ethereum or Bitcoin using an exchange that deals in US 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.

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