Reef Market Cap Tops $50.78 Million (REEF)

Reef (REEF) traded 0.8% higher against the U.S. dollar during the 1-day period ending at 20:00 PM Eastern on April 25th. Reef has a market capitalization of $50.78 million and approximately $17.50 million worth of Reef was traded on exchanges in the last day. During the last seven days, Reef has traded up 10.2% against the U.S. dollar. One Reef coin can currently be purchased for approximately $0.0022 or 0.00000003 BTC on major exchanges.

Here’s how related cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded up 3.1% against the dollar and now trades at $0.33 or 0.00000512 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 2.2% lower 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.
• 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 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 3.9% higher against the dollar and now trades at $0.0093 or 0.00000014 BTC.

About Reef

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

REEF/USD price chart by TradingView