Introduction
This is the fifth weekly report on the financial performance of the RobiniaWsap platform, a newsletter with which we intend to keep all those interested in investing in this new DeFi project informed.
This week's cryptocurrency slump affected most of the DeFi tokens among them the RobiniaSwap project's native token, recall that in the previous report's report the price of RBS was at $0.229 and at the time of writing this post its price retreated to $0.215.
RBS market capitalization decreased in the last 7 days $266,307 to $262,298, however, total mintage increased from $1,524,033 to $1,609,506, total burn was higher from $363,209 to $391,629 with an outstanding bid of $1,217,877.
As we projected in report number 4, price action in the cryptocurrency market is expected to remain bullish for a couple of weeks, the current correction will strengthen the participation of new investors.
In relation to the Total Value Locked (TVL) was located at $1,559.387.09 if you are interested in buying RBS or want more information about this interesting token follow this link to RobiniaSwap.
Telegram: https://t.me/officialrobinia
Twitter: https://twitter.com/robiniaswap
OBSERVATION:
The cover image was designed by the author: @lupafilotaxia, incorporating image background: Source: Blokfield.Gitbook.io
