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ReapChain

ReapChain REAP

token
ReapChain Price (REAP)
$0.0030
0.14% Buy REAP

0.00000133 ETH

0.0000000699 BTC

Low: $0.0028
High: $0.0031
24h
Market Cap
$2,909,550
0.14%
Fully Diluted Market Cap
$14,473,902
0.14%
Volume
24h
$39,484
20.62%
Volume / Market Cap
0.0136
Circulating Supply
985,000,000 REAP
20.10%
Max Supply
4,900,000,000
Total Supply
2,200,000,000

ReapChain (REAP) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.37%

Joined at Nov 27, 2019

Following

23

0.00%

Tweet count

895

0.00%

ReapChain reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

Currently, official ReapChain (REAP) Reddit Stats account doesn’t exist or wasn’t submitted. 🔆

ReapChain telegram
Telegram Stats

Members

-

Title

-

Currently, official ReapChain (REAP) Telegram Stats account doesn’t exist or wasn’t submitted. 🔆

ReapChain traffic
Website Traffic
Visit Website

Website Rating (DR)

22 / 100

8.33%

Ahrefs Rank

9,483,706

14.47%

Organic Traffic (mo.)

0

ReapChain github
GitHub Organization
Visit GitHub

Public repos

Created at Jun 17, 2020

Type

Organization

ReapChain github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official ReapChain (REAP) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 6,643

ReapChain Price Statistics

ReapChain Price
$0.0030
Price Change 24h
-$0.00000414
0.14%
24h Low / 24h High
$0.0028 /
$0.0031
All Time High
Apr 17, 2021 (2 years 7 months ago)
$0.7557
99.61%
All Time Low
Apr 06, 2021 (2 years 7 months ago)
$0.00
0.00%
Trading Volume 24h
$39,484
20.62%
Volume / Market Cap
0.0136
Market Dominance
0.00%
Market Rank
#1136
Market Cap
$2,909,550
0.14%
Fully Diluted Market Cap
$14,473,902
0.14%

Live REAP Price Analysis

The current real time ReapChain price is $0.0030, and its trading volume is $39,484 in the last 24 hours. REAP price has plummeted by 0.14% in the last day, and decreased by 1.67% in the last 7 days. It’s important to note that current ReapChain market capitalization is $2,909,550, and the maximum supply is 4,900,000,000 REAP coins. Talking about circulating supply, REAP has 985,000,000 coins. Currently, ReapChain rank on the market is #1136.

ReapChain price today is 99.61% below all time high, and it is 0.00% below all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling REAP are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What is ReapChain (REAP)?

REAP is the native token of ReapChain, which acts as a blockchain-as-a-service for the Internet of Things (IoT). Check out the current REAP price featured on the ReapChain price chart above.

IoT requires strong data security since it deals with big data, some of which may be sensitive. Thus, there have been many efforts to implement blockchain technology in IoT to provide this much-needed security. However, applying blockchain to IoT requires distributed and high-speed data processing, which is where the blockchain trilemma comes in.

This trilemma revolves around the difficulty of balancing scalability, security, and decentralization. When blockchain is not scalable, it cannot support more transactions. This problem arises from the fact that blockchain is decentralized. It requires many nodes to confirm a transaction. An attempt to make it more scalable may affect the decentralization and security of the network. This is where ReapChain comes to the rescue.

ReapChain protocol was created to achieve blockchain scalability without affecting the decentralization and security features. Therefore, it can introduce blockchain-standard security and transparency to the IoT ecosystem.

ReapChain protocol uses a shell-core structure that combines private and public blockchains. It also has a unique consensus mechanism called Proof-of-Double-Committee (PoDC). ReapMiddleChain (a private chain) is placed on the outer layer of the shell-core structure to provide security and speed, while the public blockchain is placed on the inner layer. Public blockchain consists of steering committee nodes that participate in the consensus process. This committee secures scalability and decentralization.

Besides, ReapChain also employs a unique solution called Reap SDK to enhance the security of IoT devices.

Who Founded ReapChain (REAP)?

ReapChain was founded by a team of skilled members in tech and business operations. This includes Jake Lee (CEO), Khan Kim (CSO), Seungjong Lee (COO), Sungjin Kim (CTO), Jay Yoo (CMO), and Suho Kwon (R&D CTO). The team released two white paper versions in 2020. Ver 0.8 was released in the first quarter and Ver 0.9 in the third quarter. Other initial events, such as presale, token generation, and exchange listing, also occurred in the third quarter of 2020.

Use Cases of REAP Tokens

ReapChain token (REAP) is the fuel powering the ReapChain crypto project. REAP facilitates the reward system, thus, it's mainly used to reward network participants for maintaining the ReapChain network and verifying transactions.

Besides that, ReapChain crypto assets are listed on various exchanges, hence, they can be traded for other crypto assets.

Tokenomics of REAP

ReapChain has a max supply of 4.9 billion tokens. 30% of the total REAP token supply was sold during the token sale. The ReapChain price at launch was $0.03. Considering further distribution, 28% of the supply was dedicated to rewarding Standing Committee Nodes. The remaining portion was distributed between the founders, the core team, and early contributors, as well as set aside for ecosystem participation incentives, marketing purposes, and ReapChain reserves.

While ReapChain crypto offers utility, and you may want to invest in it, it is essential to note that crypto assets tend to get quite volatile. Therefore, you should research the REAP price to make more informed purchasing decisions.

What's ReapChain trading volume in the last 24 hours?

REAP has a trading volume of $39,484 in the last 24 hours.

What's ReapChain highest price ever?

REAP has a highest price of $0.7557, which was reached on Apr 17, 2021 (2 years 7 months ago).

What's ReapChain lowest price ever?

REAP has a lowest price of $0.00, which was reached on Apr 06, 2021 (2 years 7 months ago).

What are the best exchanges for buying and selling REAP?

Currently, the most active and dominating exchanges for buying and selling ReapChain are Binance, Kraken & Kucoin. The most popular ReapChain trading pairs are REAP/USDT (on Gate.io ), REAP/KRW (on Coinone ), REAP/BTC (on Bithumb ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping REAP?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping ReapChain. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

ReapChain project's Circulating Supply has been verified and is equal to:

Circulating Supply

985,000,000 REAP

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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Current price of ReapChain is $0.0030

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