RenrenBit's net profit in the first quarter was 1.2973 million USD, and deposits exceeded 100 million USDT.

robot
Abstract generation in progress

The digital money bank RenrenBit recently announced its financial report for the first quarter of 2023. The report shows that as of March 31, the total user deposits on the platform reached 106 million USDT. In the first quarter of 2023, RenrenBit achieved operating revenue of 1.9742 million USDT and a net profit of 1.2973 million USD.

This performance shows a significant improvement compared to the company's full-year financial report for 2019. In 2019, RenrenBit's total revenue was 2.31 million USDT, with a net profit of 610,000 USDT. The net profit for the first quarter of this year has already reached 2.12 times the net profit for the entire year of 2019, demonstrating the rapid growth of the company's business.

It is worth noting that RenrenBit's platform coin RRB was repurchased and destroyed on April 10. The specific records of this operation can be found on the company's official website.

This financial report reflects the recent vigorous development of digital money banking services and highlights RenrenBit's competitiveness in the market. As the cryptocurrency market continues to mature, digital money banks like RenrenBit may play an increasingly important role in the future.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Share
Comment
0/400
TokenVelocityTraumavip
· 07-15 07:12
The performance is bull, just don't know how long it can last.
View OriginalReply0
RetailTherapistvip
· 07-15 05:39
These are just small amounts; the crypto world is not short on money.
View OriginalReply0
OnchainDetectivevip
· 07-13 17:39
Data rise suspicious... multiple Wallet Address show signs of cross-transfer of funds.
View OriginalReply0
MEVHuntervip
· 07-12 11:58
just another ponzi trap... classic mempool pattern here tbh
Reply0
ChainMaskedRidervip
· 07-12 11:58
The rise is a bit fierce, huh?
View OriginalReply0
DaoGovernanceOfficervip
· 07-12 11:56
*sigh* empirical data suggests token burns rarely correlate with sustainable growth metrics
Reply0
DegenWhisperervip
· 07-12 11:53
The performance is so good, it woke me up.
View OriginalReply0
MoonRocketTeamvip
· 07-12 11:42
Directly went to the moon with the sucker harvester.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)