Reef Reaches 24 Hour Volume of $4.42 Million (REEF)

Reef (REEF) traded 1.4% lower against the U.S. dollar during the one day period ending at 9:00 AM ET on March 18th. One Reef coin can now be bought for $0.0005 or 0.00000001 BTC on popular cryptocurrency exchanges. Reef has a total market capitalization of $10.62 million and approximately $4.42 million worth of Reef was traded on exchanges in the last day. Over the last week, Reef has traded up 3.7% against the U.S. dollar.

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

• Taiko (TAIKO) traded down 2.6% against the dollar and now trades at $0.63 or 0.00000763 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.2% lower against the dollar and now trades at $82,718.67 or 1.00326852 BTC.
• SolvBTC (SOLVBTC) traded 0.8% lower against the dollar and now trades at $82,309.98 or 0.99987342 BTC.

Reef Profile

REEF uses the hashing algorithm. It launched on December 1st, 2020. Reef’s total supply is 21,015,694,230 coins. The official message board for Reef is blog.reef.io. Reef’s official Twitter account is @reef_chain and its Facebook page is accessible here. 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.”

Reef Coin Trading

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

REEF/USD price chart by TradingView