Reef Achieves Market Cap of $18.89 Million (REEF)

Reef (REEF) traded 3.7% higher against the US dollar during the 24 hour period ending at 19:00 PM Eastern on August 18th. During the last seven days, Reef has traded 23.7% lower against the US dollar. One Reef coin can currently be bought for approximately $0.0008 or 0.00000001 BTC on major exchanges. Reef has a market capitalization of $18.89 million and $15.52 million worth of Reef was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• 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 up 1.2% 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 down 0.3% against the dollar and now trades at $0.0137 or 0.00000023 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Reef Coin Profile

Reef (CRYPTO:REEF) uses the hashing algorithm. Its launch 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 official message board for Reef is medium.com/@reefdefi. The official website for Reef is reef.io. The Reddit community for Reef is https://reddit.com/r/reefdefi and the currency’s Github account can be viewed 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 currently possible to purchase alternative cryptocurrencies such as Reef directly using US dollars. Investors seeking to trade Reef should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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