Reef Achieves Market Cap of $33.17 Million (REEF)

Reef (REEF) traded up 0% against the dollar during the 24-hour period ending at 12:00 PM ET on June 21st. During the last seven days, Reef has traded 11.7% lower against the dollar. Reef has a total market cap of $33.17 million and $10.26 million worth of Reef was traded on exchanges in the last day. One Reef coin can now be purchased for $0.0015 or 0.00000002 BTC on popular cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded 0.7% higher against the dollar and now trades at $0.21 or 0.00000332 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 1.9% higher 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 2.1% higher against the dollar and now trades at $0.0107 or 0.00000017 BTC.

About Reef

Reef (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 website for Reef is reef.io. The official message board for Reef is medium.com/@reefdefi. 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 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 Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Reef using one of the exchanges listed above.

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