Reef Finance (REEF) has risen close to 18 percent in the last 24 hours. with a market value of $87 million Why Reef Finance (REEF) is rising ? Meanwhile, the 24-hour trading volume of the cryptocurrency on domestic exchanges has approached 80 million TL. In the continuation of the news, you can also find predictions about the future of REEF Coin.
Why Is Reef Finance (REEF) Rising?
Reef released a report on the second quarter of 2022 on July 19. The published report includes detailed information about the steps taken by the project in the 3-month period. Reef has made many innovations in this past period. These include Reef Chain integration, Staking Program, and Reef card launch on Binance. He also reached more than 230 thousand followers on Twitter.
on Binance reef chain Explanations about integration and important milestones affected the REEF price. On the other hand, Reef’s card began to be used in a fintech organization called Bannx. This step taken with the new card also had a positive impact on REEF.
REEF Coin Future
REEF Coin futureLet’s look at the last 30 days of REEF, which is 300th by market capitalization, before forecasting.
The cryptocurrency has gained close to 18% in the last 24 hours. This increase is at the level of 38.5 percent in the 7-day period. REEF, which has gained 29.2 percent in the last 14 days, has given its buyer a 32 percent return in the last 30 days.
According to InvestorsObserver REEF It broke above the $0.00357 support and 0.003896 resistance levels a few days ago. The expectations for REEF are that it will see $ 0.015 in August 2022. In September 2022, there may be another activity with the expansion of the Reef Card to a wider area of use. The September price estimate for REEF is $0.021. These are the estimates featured in Business2Community. AMB Crypto, on the other hand, takes a slightly broader perspective. He says that REEF could trade from a low of $0.084 to a high of $0.096 in January 2027.
It should not be forgotten that these are only guesses and anything can happen in the cryptocurrency market at any time.
Finally,
Let’s take a look at the domestic stock markets. REEF, Paribu and Bitexen are also listed.
REEF, which was traded at 0.0776 TL in Paribu, has risen close to 18 percent in the last 24 hours and its transaction volume is over 38 million TL. On the other hand, REEF is also traded on Bitexen at $0.0771 with a trading volume of just over 37 million TL.
