Reef (REEF) Trading Down 24.9% Over Last Week

Reef (REEF) traded down 16.4% against the U.S. dollar during the 24-hour period ending at 0:00 AM ET on July 4th. Over the last seven days, Reef has traded 24.9% lower against the U.S. dollar. Reef has a total market cap of $24.70 million and $14.20 million worth of Reef was traded on exchanges in the last day. One Reef coin can now be bought for about $0.0011 or 0.00000002 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 6.7% against the dollar and now trades at $0.18 or 0.00000338 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 down 2.2% 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 4.9% lower against the dollar and now trades at $0.0113 or 0.00000021 BTC.

Reef Profile

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

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 currently 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 Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Reef using one of the exchanges listed above.

REEF/USD price chart by TradingView