Reef Market Capitalization Achieves $50.36 Million (REEF)

Reef (REEF) traded 1.6% lower against the US dollar during the 24 hour period ending at 16:00 PM Eastern on September 17th. Reef has a total market cap of $50.36 million and approximately $22.68 million worth of Reef was traded on exchanges in the last 24 hours. In the last seven days, Reef has traded up 7.8% against the US dollar. One Reef coin can now be bought for approximately $0.0022 or 0.00000004 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 16.9% against the dollar and now trades at $0.0499 or 0.00000083 BTC.

Reef Profile

REEF uses the hashing algorithm. It was first traded on December 1st, 2020. Reef’s total supply is 22,821,409,581 coins. 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. Reef’s official message board is medium.com/@reefdefi. 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 US dollars. Investors seeking to trade Reef should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Reef using one of the exchanges listed above.

REEF/USD price chart by TradingView