Introduction
This is the sixth weekly report on the financial evolution of the RobiniaWsap platform, a newsletter with which we intend to keep all those interested in investing in this new DeFi project informed.
The total market capitalization of the cryptocurrency market falls by 6.7%, this slight drop was also reflected in the native token of the RobiniaSwap project, recall that in the previous report the price of RBS was at $0.215 and at the time of writing this post its price fell back to $0.170dollars.
RBS market capitalization decreased in the last 7 days from $262,298 to $217,369, however, total mintage increased from $1,609,506 to $1,690,488, total consumption was higher from $391,629 da $409,790 with an outstanding supply of $1,280,699.
Despite the pullback experienced in the cryptocurrency market, price action is still expected to remain bullish for a couple of weeks, considering that institutional investors took advantage of last week's price drop to buy millions of dollars in cryptocurrencies.
In relation to the Total Value Locked (TVL) was located at $1,314.689.24 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
