New Delhi: During the peak time of war between Ukraine and Russia in February, the cryptocurrency market registered a huge loss. However, investors have now started registering profits as the Russian invasion of Ukraine is going down. Famous cryptocurrencies such as Bitcoin, Ethereum, and Binance Coin on Monday saw a marginal jump in their prices.
The global cryptocurrency market cap was recorded at $2.27 Trillion with an increase of 0.4 per cent in the last 24 hours. Today, many people also are searching about the Reef crypto. This newly launched coin is getting a lot of attention in the crypto space. Given the interest of many people in Reef Crypto, we decided to explain it.
What is Reef Finance (REEF)?
Reef Finance (REEF) is a crypto project that has been built on Polkadot. It is considered to be the first cross-chain crypto operating system, facilitating the transfer of tokens and liquidity between different blockchains. The blockchain includes centralized exchanges (CEXs) and decentralized exchanges (DEXs). REEF is the native token of the Reef ecosystem.
Reef Finance Price?
Reef Finance is currently trading at $0.01238764 with a rise of 0.6 per cent. However, it tanked 1.5 per cent in the last 24 hours. If we leave the decline of the past 24 hours, the token grew 9.7 in the past one week.
In the last 30 days, Reef Finance increased by 35.5% per cent. This is the reason, Reef is attracting a lot of people.
Who founded Reef Finance (REEF)?
It is always good to know the background of the cryptocurrency, in which you are planning to invest. Reef finance was founded by Denko Mancheski in 2019. Mancheski has also a good knowledge of crypto. He was born in Macedonia. He also worked as a Chief Technolgy Officer at Adel.
Advantages of Reef Finance
-It has partnerships of with the world’s largest exchanges and blockchains projects
-Fully decentralized
-Security cover the Polkadot network
-Compatible
