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Reef Price (REEF)

Reef Price (REEF)

Not listed
Currency:
REEF to USD:
1 Reef equals $ 0.001375 USD-5.45%1D
Page last updated: 2024-12-14 23:59 (UTC+0)
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Note: This information is for reference only.

Price of REEF today

The live price of Reef is $ 0.001375 per (REEF / USD) with a current market cap of $ 31.38M USD. 24-hour trading volume is $ 4.69M USD. REEF to USD price is updated in real-time. Reef is -5.45% in the last 24 hours with a circulating supply of 22.82B.
REEF Price History USD
Date ComparisonAmount Change% Change
Today$ -0.000079-5.45%
30 Days$ -0.00003-2.11%
60 Days$ -0.002528-64.77%
90 Days$ -0.000784-36.33%

REEF Market Information

24h Low & High
Low: $ 0.001318
High: $ 0.001475
The highest and lowest price paid for this asset in 24 hours.
All Time High
$ 0.058406
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
+0.9%
The percentage change in price for this asset compared to 1 hour ago.
Price Change (24h)
-5.45%
The percentage change in price for this asset compared to 24 hours ago.
Price Change (7d)
-31.56%
The percentage change in price for this asset compared to 7 days ago.

REEF Market Information

Popularity
#860
Popularity is based on the relative market cap of assets.
Market Cap
$ 31.38M
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
$ 4.69M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
22.82B
The number of coins circulating in the market and available to the public for trading, similar to publicly traded shares on the stock market.
Total Maximum Supply
--
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.
Fully Diluted Market Cap
$ 31.38M
The total number of coins that will ever be created for the crypto asset, similar to fully diluted shares in the stock market. If this data is not provided or verified by CoinMarketCap, the maximum supply is displayed as '--'.

About Reef (REEF)

Reef Finance is a blockchain-based digitally-existing protocol focused on developing and deploying new and unique decentralized finance products and services. The goal of the network is reported to be centered around lowering the barrier to entry for decentralized finance investing and trade, most notably for newcomers to the digital currency space. Reef was initially developed and deployed on the Ethereum and BNB Chain networks.

Since its public launch in late 2020, Reef Finance has built its blockchain, upon which the protocol is now deployed. Reef chose to build on the Polkadot blockchain network, which enables interoperability with other smart contract-enabled decentralized networks such as Ethereum, BNB Chain, Avalanche, Moonbeam, and Plasma. The protocol was founded in 2019 with the publicly-revealed intention of offering new and experienced investors much more simplified DeFi trading and investing options.

Operations on the Reef Finance platform are powered by its global-reaching native network cryptocurrency. There are also further uses for the Reef network coin. The Reef Finance native cryptocurrency is known by its token ticker $REEF. The current price of Reef coin, $REEF, is updated and available in real-time on Binance.

People Also Ask: Other Questions About Reef

  1. What is REEF Used For?

    The Reef Finance network coin - REEF, is used to pay for gas fees assessed to users who transact within the decentralized platform. REEF is also used to pay in exchange for storing data on the platform and other functionalities like staking. Specifically, individuals who wish to operate nodes on the Reef Finance platform can stake or nominate network validators. The Reef Finance staking protocol rewards holders for helping keep the security and efficiency of the network intact.

  2. How Does Network Consensus And Validation Work On Reef?

    Reef was developed using the Parity substrate software development kit implemented by the Polkadot blockchain network. This renders the Reef platform interoperable with parachains and a larger Web3 network of chains.

    The consensus model used within the network is referred to as Nominated Proof-of-Stake (NPoS). This particular method of network consensus enables token holders to nominate which nodes are given the ability to participate in Proof-of-Stake (PoS) consensus whereby validators stake REEF to be included in the network security protocol.

  3. Who is the Founder of Reef?

    Denko Mancheski, a developer with nearly a decade of experience in the blockchain industry, founded Reef in 2019. Reef is a blockchain-based platform that aims to make DeFi more accessible and user-friendly for retail investors. With Mancheski at the helm, Reef has attracted attention for its innovative approach to DeFi and potential to bring decentralized finance to a wider audience.

  4. What is the Maximum Token Supply of REEF?

    Reef chain token does not have a fixed supply; however, the target supply at launch was over 20 billion REEF. The total supply of all REEF tokens is currently at 22,821,409,581.

  5. How To Buy Reef (REEF)?

    Reef (REEF) can be purchased directly from Binance using a debit or credit card. Reef (REEF) can also be traded for other cryptocurrencies on Binance. Live Reef coin price is updated in real-time on Binance. Additionally, REEF crypto price and purchase information is available for users to read on our How to Buy Reef (REEF) Guide.

  6. How Much Will REEF be Worth in the Future?

    Check out our REEF Price Prediction page — when deciding on your own price targets. Data displayed are based on user input and not Binance's opinion.

REEF to Local Currency

FiatPriceOperation
1 REEF to USD$ 0.001375
1 REEF to TRY$ 0.001375
1 REEF to RUB$ 0.001375
1 REEF to EUR$ 0.001375
1 REEF to AED$ 0.001375
1 REEF to AUD$ 0.001375
1 REEF to BRL$ 0.001375
1 REEF to VND$ 0.001375
1 REEF to IDR$ 0.001375
Last updated 2024/12/14 11:59 (UTC)

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