Reef Achieves Self Reported Market Cap of $4.13 Million (REEF)

Reef (REEF) traded down 0.3% against the US dollar during the 24-hour period ending at 10:00 AM Eastern on February 5th. One Reef coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. Over the last seven days, Reef has traded down 23.2% against the US dollar. Reef has a market capitalization of $4.13 million and approximately $1.89 million worth of Reef was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• 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.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 7% against the dollar and now trades at $70,917.53 or 1.00721187 BTC.

Reef Profile

Reef uses the hashing algorithm. Its launch date was November 28th, 2020. Reef’s total supply is 21,015,694,230 coins and its circulating supply is 45,018,967,634 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 message board is blog.reef.io. Reef’s official Twitter account is @reef_chain and its Facebook page is accessible here.

According to CryptoCompare, “Reef is a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXes and DEXes while offering smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine.Reef Token is the native currency on Reef Chain, and is used for transaction fees (gas) and on-chain governance (NPoS and PoC). Reef token is also available as ERC-20 on Ethereum and BSC and will be made convertible 1:1 with native Reef chain tokens.”

Buying and Selling Reef

It is usually not possible to purchase alternative cryptocurrencies such as Reef directly using US dollars. Investors seeking to acquire Reef should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. 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