Reef (REEF) Trading 6.4% Higher Over Last 7 Days

Reef (REEF) traded up 7.6% against the dollar during the 1-day period ending at 8:00 AM E.T. on February 22nd. Reef has a market capitalization of $18.03 million and approximately $13.17 million worth of Reef was traded on exchanges in the last day. In the last seven days, Reef has traded 6.4% higher against the dollar. One Reef coin can currently be bought for $0.0009 or 0.00000001 BTC on major exchanges.

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

• Taiko (TAIKO) traded 6.9% lower against the dollar and now trades at $1.04 or 0.00001073 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.
• 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.
• SolvBTC (SOLVBTC) traded 2.5% lower against the dollar and now trades at $96,417.11 or 0.99790385 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.3% lower against the dollar and now trades at $96,085.04 or 0.99446696 BTC.

Reef Profile

REEF uses the hashing algorithm. Its genesis date was December 1st, 2020. Reef’s total supply is 21,015,694,230 coins. Reef’s official Twitter account is @reef_chain and its Facebook page is accessible here. 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 message board 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 US dollars. Investors seeking to trade Reef should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Reef using one of the aforementioned exchanges.

REEF/USD price chart by TradingView