Reef (REEF) Achieves Market Cap of $28.55 Million

Reef (REEF) traded down 6.9% against the dollar during the twenty-four hour period ending at 19:00 PM ET on July 4th. In the last seven days, Reef has traded 14% lower against the dollar. Reef has a total market cap of $28.55 million and approximately $15.20 million worth of Reef was traded on exchanges in the last 24 hours. One Reef coin can now be purchased for approximately $0.0013 or 0.00000002 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded down 3.6% against the dollar and now trades at $0.19 or 0.00000325 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.
• 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 $0.0119 or 0.00000021 BTC.

Reef Profile

Reef uses the hashing algorithm. It launched on December 1st, 2020. Reef’s total supply is 22,821,409,581 coins. The official message board for Reef is medium.com/@reefdefi. The Reddit community for Reef is https://reddit.com/r/reefdefi and the currency’s Github account can be viewed here. Reef’s official website is reef.io. Reef’s official Twitter account is @reef_chain and its Facebook page is accessible here.

According to CryptoCompare, “Reef (REEF) is a blockchain-based platform streamlining DeFi access through a cross-chain liquidity aggregator and yield engine. Created by Denko Mancheski, it supports multiple blockchains, including Ethereum, Binance Smart Chain, and Polkadot. REEF is the native utility token on Reef chain, used for transaction fees (gas), on-chain governance (NPoS and PoC), and collateral within the ecosystem. With a flexible supply, its deflationary fee burn model offsets governance and chain running costs. Users can stake REEF tokens to participate in governance and earn rewards. Reef chain is an advanced smart contracts blockchain, backwards-compatible with Ethereum EVM, featuring runtime upgradability, on-chain governance, and high throughput. ERC-20 REEF tokens can be converted to Reef chain native tokens via Gate.io exchange. Reef’s goal is to simplify DeFi by offering a single location for lending, borrowing, staking, and trading.”

Buying and Selling Reef

It is usually not presently possible to purchase alternative cryptocurrencies such as Reef directly using U.S. dollars. Investors seeking to acquire Reef should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Reef using one of the aforementioned exchanges.

REEF/USD price chart by TradingView