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Reef REEF

Reef Price (REEF)
$0.0022
0.45% Buy REEF Now

0.000000580 ETH

0.0000000315 BTC

Buy REEF Now
Low: $0.0021
High: $0.0022
24h
Market Cap
$49,432,862
0.45%
Fully Diluted Market Cap
$49,432,862
0.45%
Volume
24h
$16,960,984
13.48%
Volume / Market Cap
0.3431
Circulating Supply
22,821,409,581 REEF
Max Supply
--
Total Supply
22,821,409,581

Reef (REEF) Social Signals & Traffic Tracker

X Stats
Visit Twitter

Followers

0.00%

Joined at May 04, 2022

Following

2

0.00%

Tweet count

0

Reef reddit
Reddit Stats

Subscribers

-

Subreddit type

-

Moderators

-

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

Reef telegram
Telegram Stats

Members

-

Title

-

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

Reef traffic
Website Traffic
Visit Website

Website Rating (DR)

57 / 100

1.79%

Ahrefs Rank

404,390

3.08%

Organic Traffic (mo.)

4,509

29.58%

Reef github
GitHub Organization
Visit GitHub

Public repos

Created at Aug 16, 2020

Type

Organization

Reef github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official Reef (REEF) 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.


Live REEF Price Analysis

The current real time Reef price is $0.0022, and its trading volume is $16,960,984 in the last 24 hours. REEF price has grew by 0.45% in the last day, and increased by 6.35% in the last 7 days. It’s important to note that current Reef market capitalization is $49,432,862, Talking about circulating supply, REEF has 22,821,409,581 coins. Currently, Reef rank on the market is #507.

Reef price today is 96.29% below all time high, and it is 97.57% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling REEF 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 Reef?

The Reef coin, or REEF, is a utility token native to the Reef Network. The latter is an EVM-compatible Layer 1 blockchain built on Substrate.

REEF is based on an ERC-20 token standard.

It has several use cases. Firstly, the Reef coin plays an important role in securing the Reef Network, as it’s paid out as an incentive to validators, and, in turn, nominators (You can read more about validators and nominators below). Secondly, it can be used to pay transaction fees on the Reef Network.

There is no max cap of REEF coins. They are distributed as follows:

  • 22% - Ecosystem Bootstrap Reserves;
  • 20% - Community Reserve Fund;
  • 16% - Team;
  • 12.5% - Reef Foundation;
  • 9% - Strategic Sale Investors;
  • 8% - Seed Round Investors;
  • 6% - Private Sale Investors;
  • 3.5% - Core Nominators;
  • 3% Developer Pool and Faucet.

For more information on the REEF price history, or the current Reef price, check out the graph above.

What are the Main Features of Reef?

Reef is a Layer 1 blockchain that enables the creation of DeFi, GameFi, and NFT-based projects. Its core benefits are high scalability, EVM and Solidity compatibility, near-instantaneous transactions, and incredibly low transaction fees.

There is a wide range of developer tools available to build projects in the Reef ecosystem including Reef Apps, Reef Browser Extension, Block Explorer, Remix IDE, EVM Playground, and Developer Console.

As discussed in the What is Reef section, the Reef Network is EVM-compatible. This means that decentralized applications built on the Ethereum blockchain can be easily transferred to the Reef Network, whereas DeFi protocols only need a few minor adjustments before being able to run on the Reef Network.

The Reef ecosystem hosts a variety of applications including:

  • Reef App - a platform where users can create their own tokens, wallets, and even decentralized exchanges (DEXs);
  • Reefscan - the Reef Network block explorer;
  • Reefswap - a decentralized exchange based on Uniswap v2;
  • Reef Extension - a browser extension that protects private keys when using the Reef ecosystem. It supports all of the applications listed above.

The target audience of the Reef crypto project is newbies and people who find blockchain to be too confusing. The founder of Reef Network aims to build an accessible blockchain-based platform that assists new players in overcoming the first hurdles when it comes to blockchain technologies.

The Reef Network is secured via a Nominated-Proof-of-Stake (NPoS) consensus mechanism. This produces 2 roles within the network:

  • Validators are responsible for running a node, maintaining its availability, and producing blocks. In order to become a validator, users must hold a specific amount of REEF tokens for staking. They are rewarded with REEF tokens;
  • Nominators are responsible for selecting validators by voting. Network participants can become nominators by staking their REEF tokens. This process is also known as bonding. Once the tokens are bonded, nominators can use them to vote on validators. They are rewarded with a share of REEF tokens earned by their selected validators.

NPoS consensus mechanism brings 2 core benefits - low fees and high scalability.

Besides being EVM-compatible, Reef supports multiple Virtual Machines (VMs). This is possible because the Reef Network was built using Substrate.

The Reef crypto project is open-source. This means that the codebase is publicly available for anyone to review.

Who Developed Reef?

The Reef crypto project was launched in early 2022 by entrepreneur Denko Mancheski. Prior to the inception of Reef, Mancheski worked in the IT industry. He entered the crypto sector when he started working as a CTO at Adelphoi.io - a blockchain-based incubator. Mancheski is currently serving as the CEO of Reef.

Denko Mancheski aims to build a type of blockchain network that’s accessible to anyone who wants to get to know the world of crypto and enter DeFi, GameFi, and NFT sectors.

Reef has received backing from major venture capital firms such as Bitcoin.com, Genesis Block, LD Capital, Krypital Group, NGC, Kinetic Capital, TRG Capital, and Woodstock Fund, among many others.

Don't forget to drop by the graph above for more detailed information about the Reef price.

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

REEF has a trading volume of $16,960,984 in the last 24 hours.

What's Reef highest price ever?

REEF has a highest price of $0.0584, which was reached on Mar 15, 2021 (3 years 2 months ago).

What's Reef lowest price ever?

REEF has a lowest price of $0.0011, which was reached on Oct 11, 2023 (7 months 1 week ago).

What are the best exchanges for buying and selling REEF?

Currently, the most active and dominating exchanges for buying and selling Reef are Binance, Kraken & Kucoin. The most popular Reef trading pairs are REEF/USDT (on Huobi Global ), REEF/USDT (on Binance ), REEF/USDT (on Phemex ). 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 REEF?

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 Reef. 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.

Learn this metric

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.

Learn this metric

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.

Learn this metric

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.

Learn this metric

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

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

Circulating Supply

22,821,409,581 REEF

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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