Under-the-Radar DeFi Crypto Project Surges 30% in One Week, Defying Digital Asset Market

Under-the-Radar DeFi Crypto Project Surges 30% in One Week, Defying Digital Asset Market


An under-the-radar decentralized finance (DeFi) blockchain project is surging 30% this week, defying the overall crypto market.

Reef (REEF) – a layer-1, EVM-compatible blockchain for DeFi, non-fungible tokens (NFTs) and gaming – is trading at $0.005001 at time of writing, up from $0.003847 seven days ago.

The 244th-ranked crypto asset by market cap is also up more than 5% in the past 24 hours.

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At the end of August, Binance.US listed REEF. A few days later, Reef dropped the “Reef Card,” a Mastercard crypto debit card, to customers in the United Kingdom and Europe, according to a press release.

The card converts customers’ crypto into fiat currencies at time of purchase, and it can be used at more than 90 million merchants. Cardholders can also

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