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Retreeb

TREEB

Price
$0.0144
11/30/2022, 9:01:54 PM
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Market

Market stats

Market cap

$7.9M

Volume (24h)

$116,029.51

Circulating supply

546.9M TREEB

All time high

$0.43

Price change (1h)

-0.14%

Price change (24h)

+6.87%

Price change (7d)

+23.57%

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Retreeb is on the rise this week.

The price of Retreeb has risen by 23.57% in the past 7 days. The price increased by 6.87% in the last 24 hours. In just the past hour, the price shrunk by 0.14%. The current price is $0.0144 per TREEB. Retreeb is 96.65% below the all time high of $0.43.

The current circulating supply is 546,916,195 TREEB.

About

What Is Retreeb (TREEB)?

Retreeb (TREEB) is a decentralized approach to pay, enabling users to act according to the current universal values of ethics, sharing, and solidarity. This is also a distributed payment solution, which shares one-third of the network fees to fund social and solidarity projects. In simpler words, the goal of the Retreeb platform is to create a payment infrastructure that builds conditions for improved distribution of value while avoiding additional fees for customers. 

According to the whitepaper, Retreeb is created on the Fantom blockchain utilizing a fork Fantom Opera including a DAG consensus. Fantom employs a proprietary technology called Distributed Control Rights Management (DCRM) to enable interoperability or information sharing. In addition, the project’s core features seek to include transparency in operations, reduced carbon footprint, and focusing on CSR (corporate, social, and environmental responsibility). Besides, it has been developed to aim to resolve problems associated with scalability and high network fees/transaction costs. 

The Retreeb token is represented with the ticker TREEB. However, the ecosystem has two assets—(s)Treeb (Stable Treeb) and (u)Treeb (Utility Treeb). (s)Treeb is a single-currency stablecoin purchased using traditional currency: the euro in the European Union countries and CHF in Switzerland. (s)Treeb is collateralized by the user's currency and backed by a reserve of value that is strictly equal to the supply. This currency mask acts as the currency during transactions between the user and the retailer. On the other hand, (u)Treeb or TREEB is ERC20compatible and a governance utility token for the Retreeb community and ecosystem. (u)Treeb has a fixed offer with a variable value. It has various roles within the Retreeb ecosystem concerning governance and decision-making.

 Moreover, the project is compatible with Ethereum virtual machine (EVM), thus seeking to enable the protocol to write, deploy, and execute smart contracts that integrate both (s)Treebs and TREEBs.

History of Retreeb (TREEB)

Retreeb was launched in 2019 by four founders including Jérémi Lepetit, Quentin Lepetit, Sayah El Yatim, and Stéphanie. 

Jérémi Lepetit is the CEO (chief executive officer) and Quentin Lepetit is the CDO (chief data officer) of the platform. The whitepaper was published in 2021.

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FAQ

What is the current price of Retreeb?

The price of 1 Retreeb currently costs $0.0144.

What is the market cap of Retreeb?

The current market cap of Retreeb is $7.89M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Retreeb?

The all-time high of Retreeb is $0.43. This all-time high is highest price paid for Retreeb since it was launched.

What is the 24 hour trading volume of Retreeb?

Over the last 24 hours, the trading volume of Retreeb is $116.03K.

What other assets are similar to Retreeb?

Assets that have a similar market cap to Retreeb include ETHAX, TitanSwap, Galatasaray Fan Token, and many others. To see a full list, see our comparable market cap assets.

How many Retreeb are there?

The current circulating supply of Retreeb is 547 million.