Crypto Token Belongs to the Reef Finance Platform, REEF Parked in the Red Zone

Liputan6.com, Jakarta Reef coin (REEF) today is at the level of USD 0.002206 or around Rp. 32.90 (exchange rate of Rp. 14,914.30 per USD), with a 24-hour crypto trading volume of USD 7,321,882.

Launching Coinmarketcap data, Wednesday (24/5/2023), REEF fell 2.54 percent in the last 24 hours. In a week, REEF prices have fallen 2.56 percent.

REEF’s rating based on CoinMarketCap is currently in 382nd position with a market capitalization of USD 50.34 million. REEF has an outstanding supply of 22,821,409,581 coins.

If you want to know where to buy Reef at current rates, the top cryptocurrency exchanges to trade Reef stock right now are Binance, Bitrue, Bitget, Bybit, and Hotcoin Global. You can find others listed on our crypto exchange page.

Reef is a layer-1 blockchain built using the Substrate Framework. This technology provides high scalability, enabling near-instant low-cost transactions, and supports Solidity and EVM (Ethereum Virtual Machine), allowing developers to migrate their DApps from Ethereum without any changes in the codebase.

Reef coins can be used for a number of things within the Reef platform such as paying transaction processing and data storage fees, running validator nodes by staking REEF tokens, and nominating which validator nodes should be part of the network.

Reef is also backed by some of the leading funds and venture capitalists including NGC, QCP, Bitcoin.com, Kenetic Capital, LD Capital, TRG Capital, Krypital Group, Genesis Block, Woodstock Fund and others.