Reef Trading 2.1% Lower Over Last Week (REEF)

Reef (REEF) traded 0.9% higher against the U.S. dollar during the 1 day period ending at 23:00 PM Eastern on May 31st. During the last seven days, Reef has traded 2.1% lower against the U.S. dollar. Reef has a total market cap of $48.76 million and approximately $11.69 million worth of Reef was traded on exchanges in the last 24 hours. One Reef coin can now be bought for about $0.0021 or 0.00000003 BTC on exchanges.

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

  • KILT Protocol (KILT) traded up 4.5% against the dollar and now trades at $0.27 or 0.00000405 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded down 0.1% against the dollar and now trades at $0.0097 or 0.00000014 BTC.

About Reef

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 website is reef.io. Reef’s official Twitter account is @reef_chain and its Facebook page is accessible here. 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 presently possible to buy alternative cryptocurrencies such as Reef directly using U.S. dollars. Investors seeking to acquire Reef should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Reef using one of the exchanges listed above.

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