Reef (REEF) Trading Up 19.2% This Week

Reef (REEF) traded 3.7% lower against the US dollar during the 24 hour period ending at 13:00 PM Eastern on April 24th. Reef has a total market cap of $52.36 million and $24.28 million worth of Reef was traded on exchanges in the last 24 hours. One Reef coin can now be bought for about $0.0023 or 0.00000004 BTC on popular exchanges. During the last week, Reef has traded 19.2% higher against the US dollar.

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

• KILT Protocol (KILT) traded 5.6% lower against the dollar and now trades at $0.32 or 0.00000491 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 up 1% against the dollar and now trades at $0.0090 or 0.00000014 BTC.

About Reef

REEF uses the hashing algorithm. It launched on December 1st, 2020. Reef’s total supply is 22,821,409,581 coins. The official website for Reef is reef.io. Reef’s official message board 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. Reef’s official Twitter account is @reef_chain and its Facebook page is accessible 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 presently 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, Changelly or Gemini. 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