About REI Network
Market Stats
Market Cap
$23,373,948.59
FDV
No data
Circulating Supply
950,000,000 REI
Max Supply
No data
Total Supply
1,000,000,000 REI
Hold Time
No data
Performance
Popularity
No data
Dominance
0%
Volume (24H)
$2,288,512.13
-0.34%
All time high
$0.36
Additional info about REI Network
Networks and details
The price of REI Network has decreased by 1.12% in the last hour and decreased by 0.47% in the past 24 hours. REI Network’s price has also fallen by 16.20% in the past week. The current price is $0.0246 per REI with a 24-hour trading volume of $2.29M. Currently, REI Network is valued at 93.12% below its all time high of $0.36. This all-time high was the highest price paid for REI Network since its launch.
The current circulating supply of REI Network is 950,000,000 REI which means that REI Network has as total market cap of $23,373,948.59.
Price history
Today | $0.0246 | ↘ 0.39% |
1 Day | $0.0247 | ↘ 0.47% |
1 Week | $0.0294 | ↘ 16.20% |
1 Month | $0.0361 | ↘ 31.91% |
1 Year | $0.0840 | ↘ 70.71% |
Market details
Performance against other markets | ↘ 71.11% |
Performance against BTC | ↘ 73.28% |
Performance against ETH | ↘ 36.94% |
Performance in the past year | ↘ 70.69% |
FAQ
REI Network is a blockchain framework that strives to adapt to the evolving trends of the blockchain industry. It seeks to provide a lightweight, Ethereum-compatible platform with high performance and minimal transaction costs. The network is built on a unique design of tokenomics, which aims to lower resource consumption, providing a more user-friendly solution. REI Network also focuses on speed, with an average block time of 3 seconds and a transaction per second (TPS) rate of over 3000. This focus on speed aims to provide users a faster experience without compromising decentralization.
REI Network operates through a unique staking and replacement system for on-chain resources, which allows users to complete on-chain transactions with minimal costs. This system is designed to be efficient and economical, with no Proof of Work (PoW) but a green-based Delegated Proof of Stake (DPoS) + Byzantine Fault Tolerance (BFT) consensus mechanism. The network also features an abstract consensus module built into its cross-chain mechanism, which can be easily integrated to become a chain-making tool. Additionally, REI Network supports developers with resources and support to encourage ecosystem building.
REI Network supports a wide range of potential use cases, particularly in the areas of decentralized finance (DeFi), GameFi, and Non-Fungible Tokens (NFTs). The network's compatibility with the Ethereum Virtual Machine (EVM) and Ethereum infrastructure allows for seamless migration of Ethereum applications. Developers can build various decentralized applications (DApps) on REI Network, including decentralized exchanges, play-to-earn games, NFT marketplaces, non-custodial lending solutions, and next-generation stablecoins. The network also encourages community participation in governance and proposal submission through its Decentralized Autonomous Organization (DAO).
REI Network's history began with the release of the GXChain 2.0 developer preview version in the second quarter of 2021. The network underwent several upgrades and enhancements throughout the year, including the introduction of stacking and slashing modules for second-level block confirmation and the implementation of an economic model. In the fourth quarter of 2021, GXChain 2.0 was officially renamed REI Network, and the two networks were interconnected and cross-chained through GXC-Relay. The network's rebranding from GXChain to REI Network marked the singularity of its evolution, and it has since focused on ecosystem infrastructure construction, brand building, and the development of its stake-based economic model.
We update our REI Network to USD currency in real-time. Get the live price of REI Network on Coinbase.
The current market cap of REI Network is $23.37M. A high market cap implies that the asset is highly valued by the market.
The all-time high of REI Network is $0.36. This all-time high is highest price paid for REI Network since it was launched.
Over the last 24 hours, the trading volume of REI Network is $2.29M.
Assets that have a similar market cap to REI Network include Star Atlas, Vertex Protocol, Measurable Data Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of REI Network is 950 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#4645
Contributors
6
Posts
602,417
% About REI Network
0.001%
Hold times
0 days
X (Twitter)
100% bullish
Sentiment
5 ★
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
6 unique individuals are talking about REI Network and it is ranked #4,645 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, REI Network has an average sentiment score of 5 out of 5. Finally, REI Network is becoming more newsworthy, with 0 news articles published about REI Network. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly bullish about REI Network. There were 100% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about REI Network. 0% of tweets were neutral about REI Network. These sentiments are based on 7 tweets.
On Reddit, REI Network was mentioned in 0 Reddit posts and there were 0 comments about REI Network. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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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.