REEF has seen a dramatic turn of events, with the token’s value plummeting by 68% in the last 13 hours and a staggering 71% within just 24 hours. This sharp decline has left many questioning whether this is a case of insider profit-taking or simply a temporary market dip. Some speculate that major market manipulation could be at play. The story began on August 2, when Binance announced the delisting of REEF spot pairs. Following this announcement, retail traders quickly moved to short the token, anticipating a price drop. However, large whales seemingly took the opposite approach, initiating a pump
The post REEF Experiences Massive Crash After 650% Pump: Manipulation Or Market Dip? appeared first on The Merkle News.
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PRESS RELEASE. London, The UK, August 31st – Reef, a layer 1 Substrate based blockchain for DeFi, NFTs, and gaming, announced today its highly anticipated Reef Card is now available for people in the United Kingdom and Europe. Reef has been working with Baanx, an experienced partner for revolutionary web3 financial solutions, to create and […]
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PRESS RELEASE. Reef, a layer 1 Substrate based blockchain for DeFi, NFTs, and gaming, announced today it’s launching a new NFT division focused on connecting with graffiti and electronic artists while scaling up it’s blockchain to be more NFT-friendly. In the last two months, Reef has been working behind the scenes to kickstart its contribution […]
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Strong fundamentals are attracting traders to Hedera Hashgraph, Reef and Perpetual Protocol even as Bitcoin price hangs near a crucial support level.
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