Binance has sparked significant market movements by delisting several
altcoins, including
Reef Coin, leading to a consequential price drop. Despite this, interest in Reef remains apparent, with guides on how to buy Reef Finance and invest in the cryptocurrency cropping up. Amidst the volatility, Reef Finance's
cross-chain DeFi platform attracted a $20M investment from
Alameda Research. However, this deal would later sour, causing additional controversy in the Reef ecosystem. It’s interesting to note the release of the anticipated
Reef Card and the successful launch of a
$10 million Web3 accelerator programme.
Reef Finance also raised $3.9M for cross-chain DeFi on
Polkadot, further demonstrating its aggressive growth. Partnerships are shaping up as well, with collaborations like that with Avalanche to address Ethereum's high fees and promote DeFi adoption. Reef has also expanded its exchange presence by being listed on
Huobi Global and
KuCoin exchange. As the Reef community continues to evolve and its ecosystem expands, both tension and excitement surround this ambitious blockchain project.
REEF Coin News Analytics from Wed, 11 Oct 2006 07:00:00 GMT to Sun, 18 Aug 2024 19:50:00 GMT -
Rating -3
- Innovation 7
- Information 7
- Rumor 5
