Reef Market Cap Tops $427.96 Million (REEF)

Reef (CURRENCY:REEF) traded 4.9% higher against the US dollar during the 24 hour period ending at 13:00 PM Eastern on November 25th. One Reef coin can currently be purchased for about $0.0268 or 0.00000045 BTC on exchanges. Reef has a market capitalization of $427.96 million and approximately $59.16 million worth of Reef was traded on exchanges in the last day. During the last week, Reef has traded up 0.7% against the US dollar.

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

  • Solana (SOL) traded 3.6% higher against the dollar and now trades at $213.62 or 0.00361533 BTC.
  • Crypto.com Coin (CRO) traded down 18.9% against the dollar and now trades at $0.77 or 0.00001299 BTC.
  • Polygon (MATIC) traded 0.1% higher against the dollar and now trades at $2.00 or 0.00003275 BTC.
  • Polygon (MATIC) traded 11.6% higher against the dollar and now trades at $1.87 or 0.00003169 BTC.
  • Binance USD (BUSD) traded up 0% against the dollar and now trades at $1.00 or 0.00001692 BTC.
  • Chainlink (LINK) traded up 5.4% against the dollar and now trades at $27.05 or 0.00045787 BTC.
  • Decentraland (MANA) traded down 6.7% against the dollar and now trades at $5.04 or 0.00008538 BTC.
  • Axie Infinity (AXS) traded down 0.7% against the dollar and now trades at $141.81 or 0.00239996 BTC.
  • Parkgene (GENE) traded up 2,618,096.3% against the dollar and now trades at $25.59 or 0.00045023 BTC.
  • THETA (THETA) traded up 13.8% against the dollar and now trades at $7.48 or 0.00012659 BTC.

Reef Coin Profile

Reef (CRYPTO:REEF) is a Proof of Capacity coin that uses the ETH Token hashing algorithm. Its genesis date was December 29th, 2020. Reef’s total supply is 15,934,019,762 coins and its circulating supply is 15,973,552,172 coins. Reef’s official Twitter account is @ReefDeFi.

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 goverance (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 currently 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.

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