Reef, an altcoin, is considered to be one of the promising cryptos to invest in bracing for the next bull market. The cryptocurrency has witnessed a sea of green as it leads with First Neiro on ETH and Solar. However, Binance's decision to delist certain coins, including REEF, led to their prices going down. In response, REEF's price rebounded and the futures open interest hit a two-year high, albeit with Binance adding more tokens to the 'monitoring' list.
In the midst of the investment tug-of-war, the workings of the
Reef Chain remain under the spotlight. As a means of engagement, Reef declared plans for an AMA session on Telegram and launched the Reef Chain Wallet and ReefSwap. However, doubts have been cast over Reef's financial dealings, with a previously announced $80M deal with Alameda Research falling through.
Australia's Great Barrier Reef's endorsement on silver and various commemorative coins continue to be celebrated as unique Aussie treasures.
Considering numerous altcoins are facing delisting from Binance, it seems prudent for Reef to prepare solutions that increase its value and scalability as Worldcoin has done. Nevertheless, the future of REEF's price remains speculative, with potential highs reached in 2024, 2025 and 2030.
REEF Coin News Analytics from Thu, 27 Oct 2011 07:53:30 GMT to Wed, 25 Sep 2024 09:28:13 GMT -
Rating 4
- Innovation 3
- Information 7
- Rumor -2