Reef Trading Down 8.4% Over Last Week (REEF)

Reef (REEF) traded 2.7% lower against the U.S. dollar during the 1 day period ending at 10:00 AM E.T. on February 17th. During the last week, Reef has traded 8.4% lower against the U.S. dollar. One Reef coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on major exchanges. Reef has a market capitalization of $3.75 million and approximately $340.94 thousand worth of Reef was traded on exchanges in the last day.

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

• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.9% lower against the dollar and now trades at $68,566.11 or 0.99677354 BTC.
• SolvBTC (SOLVBTC) traded 2.2% lower against the dollar and now trades at $66,860.05 or 0.99773944 BTC.

Reef Profile

Reef uses the hashing algorithm. Its genesis date was November 28th, 2020. Reef’s total supply is 21,015,694,230 coins and its circulating supply is 45,091,727,241 coins. The official message board for Reef is blog.reef.io. Reef’s official website is reef.io. 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.

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 acquire Reef should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Reef using one of the exchanges listed above.

REEF/USD price chart by TradingView