About Reef
Market Stats
Market Cap
$6,131,042.70
FDV
Not enough data
Circulating Supply
21,015,694,229.946 REEF
Max Supply
Not enough data
Total Supply
21,015,694,229.946 REEF
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$1,372,972.92
0.07%
Volume (7D)
$9,339,850.29
Volume (30D)
$35,611,645.71
All time high
$0.0584
Overall Price Change (1Y)
-0.86%
Additional info about Reef
Recent trends
The price of Reef has decreased by 20.99% in the last hour and decreased by 24.96% in the past 24 hours. Reef’s price has also fallen by 12.43% in the past week. The current price is $0.000291 per REEF with a 24-hour trading volume of $1.37M. Currently, Reef is valued at 99.50% below its all time high of $0.0584. This all-time high was the highest price paid for Reef since its launch. The current circulating supply of Reef is 21,015,694,229.946 REEF which means that Reef has as total market cap of $6,131,042.70.
Market details
REEF vs markets
↘ 89.29%
REEF vs BTC
↘ 90.71%
REEF vs ETH
↘ 75.36%
Tags
hybrid-pow-npos
media
enterprise-solutions
gaming
+6
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xFE3E6a25e6b192A42a44ecDDCd13796471735ACf | |
BNB Smart Chain | 0xF21768cCBC73Ea5B6fd3C687208a7c2def2d966e |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000291 | ↘ 24.92% |
1 Day | $0.000389 | ↘ 24.96% |
1 Week | $0.000333 | ↘ 12.43% |
1 Month | $0.000480 | ↘ 39.21% |
1 Year | $0.0021 | ↘ 86.14% |
FAQ
Reef (REEF) is a Layer-1 blockchain designed for DeFi, NFT, and gaming applications. It is built using the Substrate Framework, which allows for scalability and almost instant low-cost transactions. Reef supports Solidity and EVM, enabling developers to migrate their DApps from Ethereum without altering the codebase. The Reef Chain is an EVM-compatible blockchain that is self-upgradable and features on-chain governance. Its infrastructure supports EVM extensions, enabling features like native token bridge, scheduled calls, and smart contract in-place code upgrades. The network operates on a Nominated Proof-of-Stake (NPoS) consensus mechanism, which seeks to provide scalability and low fees. The native token, REEF, is used for processing transactions, storing data, running validator nodes, and nominating validator nodes.
Reef operates on a Nominated Proof-of-Stake (NPoS) consensus mechanism, which seeks to provide scalability and low transaction fees. The native token, REEF, is used for various functions within the network, including processing transactions, storing data, running validator nodes, and nominating validator nodes. Reef's infrastructure supports EVM extensions, which enable features like a native token bridge, scheduled calls, and smart contract in-place code upgrades. Developers can migrate their DApps from Ethereum to Reef without any changes in the codebase, thanks to its support for Solidity and EVM.
Reef seeks to simplify the complexities associated with interacting with a blockchain and understanding new concepts such as DeFi and NFTs. It also aims to provide bridges to other blockchains, allowing funds and liquidity to be easily ported to the Reef Chain. This feature seeks to provide retail investors with high scalability and low fees. Reef's infrastructure also allows for EVM extensions, which can enable features like native token bridge, scheduled calls, and smart contract in-place code upgrades. These features can be beneficial for developers looking to migrate their DApps from Ethereum to Reef.
Reef was founded by Denko Mancheski, who was motivated to create a blockchain for retail investors interested in DeFi, NFTs, and gaming. Mancheski sought to simplify the complexities of interacting with a blockchain and understanding new concepts such as DeFi and NFTs. He also aimed to provide many bridges to other blockchains, allowing funds and liquidity to be easily ported to the Reef Chain. Mancheski's passion for FinTech led him to blockchain technology, and he has described forming a competent team as a challenge in bringing Reef to life. Reef is backed by multiple funds and venture capitalists, including NGC, QCP, Bitcoin.com, Kenetic Capital, LD Capital, TRG Capital, Krypital Group, Genesis Block, Woodstock Fund, and others.
We update our Reef to USD currency in real-time. Get the live price of Reef on Coinbase.
The current market cap of Reef is $6.13M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Reef is $0.0584. This all-time high is highest price paid for Reef since it was launched.
Over the last 24 hours, the trading volume of Reef is $1.37M.
Assets that have a similar market cap to Reef include KLEVA Protocol, Public Masterpiece Token, OVR, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Reef is 21 billion.
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Social stats
Popularity in posts
#987
Contributors
2,827
Posts
4,140
% About Reef
0.038%
Articles
9
Hold times
0 days
X (Twitter)
34.74% bullish
Sentiment
3.4 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
2,827 unique individuals are talking about Reef and it is ranked #987 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Reef has an average sentiment score of 68 out of 5. Finally, Reef is becoming less newsworthy, with 9 news articles published about Reef.
On Twitter, people are mostly neutral about Reef. There were 35.4% of tweets with bullish sentiment compared to 1.9% of tweets with a bearish sentiment about Reef. 64.6% of tweets were neutral about Reef. These sentiments are based on 816 tweets.
On Reddit, Reef was mentioned in 333 Reddit posts and there were 6811 comments about Reef. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Reef calculator
1 Reef (REEF) to Canadian Dollar (CAD)
CA$0.000403
1 Reef (REEF) to British Pound (GBP)
£0.000218
1 Reef (REEF) to Real (BRL)
R$0.0017
1 Reef (REEF) to Euro (EUR)
€0.000256
1 Reef (REEF) to Singapore Dollar (SGD)
S$0.000382
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Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.