Reef Hits Market Cap of $32.13 Million (REEF)

Reef (REEF) traded up 1.3% against the US dollar during the twenty-four hour period ending at 12:00 PM ET on June 19th. In the last week, Reef has traded down 23.5% against the US dollar. One Reef coin can currently be purchased for approximately $0.0014 or 0.00000002 BTC on popular exchanges. Reef has a market capitalization of $32.13 million and approximately $11.71 million worth of Reef was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded up 4.1% against the dollar and now trades at $0.22 or 0.00000335 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 1.6% against the dollar and now trades at $0.0104 or 0.00000016 BTC.

About Reef

REEF uses the hashing algorithm. It was first traded on December 1st, 2020. Reef’s total supply is 22,821,409,581 coins. Reef’s official website 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 Twitter account is @reef_chain and its Facebook page is accessible here. Reef’s official message board is medium.com/@reefdefi.

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 possible to purchase alternative cryptocurrencies such as Reef directly using U.S. dollars. Investors seeking to acquire Reef should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Reef using one of the exchanges listed above.

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