Reef Price Tops $0.0007 on Major Exchanges (REEF)

Reef (REEF) traded 8.3% lower against the US dollar during the 24-hour period ending at 8:00 AM ET on January 21st. Reef has a market cap of $14.35 million and approximately $16.73 million worth of Reef was traded on exchanges in the last 24 hours. In the last seven days, Reef has traded 29.5% lower against the US dollar. One Reef coin can now be bought for $0.0007 or 0.00000001 BTC on popular cryptocurrency exchanges.

Here’s how similar 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 2.9% against the dollar and now trades at $104,163.59 or 0.99780466 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 3.1% against the dollar and now trades at $103,823.73 or 0.99454905 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Reef

REEF uses the hashing algorithm. It was first traded on December 1st, 2020. Reef’s total supply is 21,015,694,236 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 blog.reef.io. The official website for Reef 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.”

Reef Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Reef directly using US dollars. Investors seeking to trade Reef should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Reef using one of the aforementioned exchanges.

REEF/USD price chart by TradingView