Reef Finance (REEF)
Reef is a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXs and DEXs while offering smart lending, borrowing, staking, mining through AI driven personalized Reef Yield Engine.
1. Basic Info
| Symbol | REEF |
| Name | Reef Finance |
| Web Site | https://reef.finance |
| Wallet | -- |
| Source | -- |
| Explorer | https://reefscan.com/ |
| Forum | -- |
| Mining | |
| Supply | 22821409581 |
| Available Supply | 22821409581 |
| Market Cap | 18841355.750074 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 22821409581 |
| Release Date | 2020-12-23 |
2. Technical
2.1 Kline Price Chart
2.2 Technical Analysis
Short-term bearish continuation expected.
Potential further decline with high volatility.
Medium-term outlook suggests a downtrend.
Market might test lower support levels.
Possible signs of minor rebound attempts.
Expect increased selling pressure.
Volatility will likely persist.
Price may stabilize after further correction.
Long positions are of high risk.
Cautious trading is advised.
3. News
3.1 News List
20250115
- Binance Futures will remove REEF USDT-margined perpetual contracts 📉
- Perhaps affected by the delisting of Binance contracts, REEF fell by more than 15% in a short period of time
3.2 News Analysis
The crypto market will likely see increased volatility and price sensitivity around exchange-related announcements, particularly delistings, which will have an immediate and significant downward impact on affected tokens. This trend suggests a high dependence of token value on specific exchange support, meaning that diversification across multiple platforms will become increasingly crucial for both established and emergent cryptocurrencies. Traders will need to be more watchful for implicit risks associated with exchange concentration, emphasizing the importance of real-time data monitoring and rapid decision-making in response to these sorts of unexpected events. Ultimately, this will drive the evolution of strategies to manage exchange-mediated vulnerabilities within the crypto investment space.
