Reef (REEF) Price Down 20% Over Last Week

Reef (REEF) traded 9% lower against the U.S. dollar during the 24 hour period ending at 9:00 AM Eastern on April 7th. One Reef coin can now be bought for approximately $0.0003 or 0.00000000 BTC on exchanges. Reef has a total market capitalization of $6.00 million and approximately $1.04 million worth of Reef was traded on exchanges in the last 24 hours. During the last week, Reef has traded down 20% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• 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 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.
• 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 6.9% against the dollar and now trades at $76,830.75 or 1.00229752 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 6.8% lower against the dollar and now trades at $76,622.77 or 0.99958430 BTC.

Reef Profile

REEF uses the hashing algorithm. Its genesis date was November 30th, 2020. Reef’s total supply is 21,015,694,230 coins. 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. Reef’s official Twitter account is @reef_chain and its Facebook page is accessible here. The official message board for Reef is blog.reef.io.

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 possible to purchase alternative cryptocurrencies such as Reef directly using U.S. dollars. Investors seeking to acquire 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