Reef Finance Price Prediction 2022 – 2025 – 2030 | REEF Price Forecast

What Is Reef


Reef is a DeFi (decentralized finance) platform built on Polkadot with the intention of being straightforward, without the barriers and complications found on other platforms. They express a mission of making DeFi easy and accessible to more people, and have designed their platform accordingly.[1]

On Reef, users can perform cross-chain trading thanks to how Reef Chain integrates with DeFi from Ethereum, Polkadot, Avalanche, Cosmos and Binance Smart Chain. According to the team, Reef Chain is much more advanced than Ethereum; for instance, it has a higher transaction throughput and low transaction fees, and is more efficient with blockchain storage.[1][2]

On top of trading, users can port their DeFi applications from Ethereum to the Reef Chain without having to modify their Solidity code, and soon, will have access to a liquidity bridge where they can wrap existing DeFi assets and transfer liquidity from Ethereum to the Reef Chain.[1]

REEF is the native token of Reef Finance, and as we’ll soon cover down below, is used for governance and gas fees. It recently launched on Binance, and is available on many DEXes (decentralized exchanges).

REEF Price Prediction For The Next 90 Days


Below we take a look at REEF and examine some details and predictions to estimate a reasonable price for 2021, as well as for the upcoming years. It should be noted that while price predictions are based on data, and often are analyzed by AI, they should never be taken as financial advice or a solid basis for an investment. It is always highly recommended users do their own research into the projects whose tokens they wish to invest in.

The whole crypto world is on a verge of a full-fledged bear market. Bitcoin has slumped 50% from its all time high amid the broader market drops impacted by raging inflation and US Fed rate increases.

Investors are selling risky assets and moving into more stable markets. Crypto is still perceived as a very risky play and hence the sell off.

Our algo still sees a some green in 2022, especially in the second part of the year. This is reflected in our 2022 predictions.

Right now, Bitcoin needs to find a local bottom before we can move in the opposite direction and reverse the trend.

Once Bitcoin settles in the new price range, altcoins will start to do the same - we have witnessed this scenario dozens of times in the distanced and more recent history.

Our price prediction model is bearish for the next 90 days with a hint of a bull market at the turn of the quarters from Q1 to Q2. We expect whales and other bigger players in the market to finish filling their bags around that time which will cause a typical and sudden crypto spike.

CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project.

Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.

Below is a tabular overview of how will REEF develop in the short-term (for the next 90 days), according to our prediction model:

Next 30 days
Next 60 days
Next 90 days
2022-08-11
+4.06 % $ 0.0046
2022-08-12
-0.68 % $ 0.0044
2022-08-13
+0.26 % $ 0.0044
2022-08-14
-0.36 % $ 0.0044
2022-08-15
+5.12 % $ 0.0047
2022-08-16
+6.59 % $ 0.0047
2022-08-17
-0.29 % $ 0.0044
2022-08-18
+1.27 % $ 0.0045
2022-08-19
+4.16 % $ 0.0046
2022-08-20
-0.74 % $ 0.0044
2022-08-21
-3.27 % $ 0.0043
2022-08-22
+0.13 % $ 0.0044
2022-08-23
-4.64 % $ 0.0042
2022-08-24
-4.85 % $ 0.0042
2022-08-25
-1.31 % $ 0.0044
2022-08-26
-2.49 % $ 0.0043
2022-08-27
-3.52 % $ 0.0043
2022-08-28
-3.40 % $ 0.0043
2022-08-29
-2.57 % $ 0.0043
2022-08-30
-4.12 % $ 0.0042
2022-08-31
-8.63 % $ 0.0040
2022-09-01
-1.14 % $ 0.0044
2022-09-02
-6.48 % $ 0.0041
2022-09-03
-9.01 % $ 0.0040
2022-09-04
-3.12 % $ 0.0043
2022-09-05
-9.55 % $ 0.0040
2022-09-06
-4.44 % $ 0.0042
2022-09-07
-5.15 % $ 0.0042
2022-09-08
-10.17 % $ 0.0040
2022-09-09
-6.02 % $ 0.0042
2022-09-10
-12.98 % $ 0.0039
2022-09-11
-12.10 % $ 0.0039
2022-09-12
-9.32 % $ 0.0040
2022-09-13
-10.57 % $ 0.0040
2022-09-14
-11.89 % $ 0.0039
2022-09-15
-6.58 % $ 0.0041
2022-09-16
-8.62 % $ 0.0040
2022-09-17
-15.50 % $ 0.0037
2022-09-18
-13.96 % $ 0.0038
2022-09-19
-12.96 % $ 0.0039
2022-09-20
-15.65 % $ 0.0037
2022-09-21
-18.17 % $ 0.0036
2022-09-22
-10.77 % $ 0.0039
2022-09-23
-17.14 % $ 0.0037
2022-09-24
-16.77 % $ 0.0037
2022-09-25
-19.47 % $ 0.0036
2022-09-26
-14.71 % $ 0.0038
2022-09-27
-12.20 % $ 0.0039
2022-09-28
-15.94 % $ 0.0037
2022-09-29
-21.01 % $ 0.0035
2022-09-30
-15.70 % $ 0.0037
2022-10-01
-21.99 % $ 0.0035
2022-10-02
-20.92 % $ 0.0035
2022-10-03
-21.32 % $ 0.0035
2022-10-04
-16.18 % $ 0.0037
2022-10-05
-17.47 % $ 0.0037
2022-10-06
-16.42 % $ 0.0037
2022-10-07
-21.12 % $ 0.0035
2022-10-08
-23.78 % $ 0.0034
2022-10-09
-17.63 % $ 0.0036
2022-10-10
-20.76 % $ 0.0035
2022-10-11
-26.34 % $ 0.0033
2022-10-12
-26.75 % $ 0.0032
2022-10-13
-21.18 % $ 0.0035
2022-10-14
-23.40 % $ 0.0034
2022-10-15
-21.01 % $ 0.0035
2022-10-16
-24.54 % $ 0.0033
2022-10-17
-22.31 % $ 0.0034
2022-10-18
-26.39 % $ 0.0033
2022-10-19
-24.49 % $ 0.0033
2022-10-20
-25.50 % $ 0.0033
2022-10-21
-23.95 % $ 0.0034
2022-10-22
-30.79 % $ 0.0031
2022-10-23
-28.02 % $ 0.0032
2022-10-24
-25.57 % $ 0.0033
2022-10-25
-30.69 % $ 0.0031
2022-10-26
-26.42 % $ 0.0033
2022-10-27
-31.79 % $ 0.0030
2022-10-28
-33.39 % $ 0.0029
2022-10-29
-31.24 % $ 0.0030
2022-10-30
-29.52 % $ 0.0031
2022-10-31
-28.06 % $ 0.0032
2022-11-01
-31.89 % $ 0.0030
2022-11-02
-29.62 % $ 0.0031
2022-11-03
-31.93 % $ 0.0030
2022-11-04
-33.21 % $ 0.0030
2022-11-05
-32.51 % $ 0.0030
2022-11-06
-35.55 % $ 0.0029
2022-11-07
-31.29 % $ 0.0030
2022-11-08
-38.20 % $ 0.0027

Fundamentals


Use Case


REEF is the native currency of Reef, and it is used for on-chain governance with NPoS (nominated proof-of-stake) and PoC (proof-of-concept). By participating in governance through staking, users can earn rewards in return.[1]

Furthermore they can be used for transaction fees on the platform, which can come in handy for stakers who earn rewards in REEF. The token is also available as ERC-20 on Ethereum and Binance Smart Chain and will be made convertible 1:1 with native Reef Chain tokens.[1]

Tokenomics


According to data gathered from Messari and Coinmarketcap:

The max supply of REEF is 20,000,000,000

Of which, the current total sits at ~15,934,019,762, with ~12,670,000,000 in circulation

And an upcoming inflation rate yet to be calculated

Some supplemental data:

According to Coinmarketcap, the top 10 holders hold ~74.88% of REEFs

Messari calculates its current marketcap dominance percent at ~0.0166% 

And Coinmarketcap ranks it at ~#136 in the market

There is a key distinction between “max supply” and “total supply”. Total supply is how many tokens have been created so far, and max supply is the maximum amount that there can ever be. Since the max supply has been determined in the case of REEF, there can be no more than 20,000,000,000 REEF tokens, which means users don’t have to worry about unexpected inflation in the future.

The data presented above can be subject to change, always visit the source for up-to-date information: MessariCoinmarketcap

Team


Reef was founded by CEO Denko Mancheski in 2020. From a young age Denko was into maths, competitive gaming and computer sciences. He started programming in high school and would compete in algorithmic competitions for a few years before moving into commercial software development, and working for enterprise and healthcare tech companies.[3][4]

Being fascinated by fintech he was interested in blockchain technology early on, and saw its potential upon seeing the difficulty of innovation in fintech on account of overregulation and saturation in the industry.[3]

Reef was born when he witnessed certain problems in the DeFi space, problems such as complexity and technical limitations. He put together what he described as a team of competent individuals with the ability to execute, and as a result, Reef came to be.[3][5]

On Twitter is where they frequently engage with the public and the community, posting updates, statements, news and more. Their posts are often accompanied by their graphical art styles, sometimes including animations and gifs. They are focused more so on their work rather than the token and its price, which is a good indicator and inspires some confidence in the team.

Their company and team info can be viewed on their Linkedin, and for news and updates, the team uploads short articles on their blog page on Medium.

There is nothing that stands out in terms of their tone of voice; it is modern and on par with PR standards, albeit, sometimes including trendy vocabulary. Brand imagery on the other hand is on a different level in contrast to other projects. Beautiful coral landscapes are often depicted, full of diverse marine life, accompanied by the colors of the reef and the sunset. 

Community


Their Twitter currently has ~178,200 followers, where their tweets get hundreds of comments and retweets, and sometimes even thousands of likes. Their Medium blog page has ~4,800 followers, and the articles posted there see hundreds of claps (likes).

They have a Discord channel currently hosting ~1,300 members, and a Telegram group

With ~38,500 members from around the globe. Lastly, ~12,200 members are located in the Reef subreddit, where they share news, start discussions and post memes.

#Reef and $Reef are tweeted several times throughout  the hour.

Overall the community is rather active on several media, and upon observing their attitudes and comments, it seems like they have a lot of faith in the project; which, while is a good thing, may turn some channels into echo chambers, where positive and reinforcing news is circulated, and critical points aren’t given enough attention. Newcomers should always be wary of potential emotional distractions prior to joining groups.

Exchanges & Wallet Support


Currently REEF can be traded on ~26 exchanges[6], and there are at least 5 widely-known and trusted wallets in which users can store their REEFs.

Reef Price Prediction 2022

Our prediction model sees a temporary switch to a bear market at the beginning of 2022 before we move onto another leg up in Q3 & Q4 of 2022.

2022 Sep
-15.70 % $ 0.0037
2022 Oct
-28.06 % $ 0.0032
2022 Nov
-29.30 % $ 0.0031
2022 Dec
-23.64 % $ 0.0034
2023 Jan
-15.84 % $ 0.0037
2023 Feb
-10.47 % $ 0.0040
2023 Mar
-5.25 % $ 0.0042
2023 Apr
-0.12 % $ 0.0044
2023 May
+1.53 % $ 0.0045
2023 Jun
+4.30 % $ 0.0046
2023 Jul
+12.31 % $ 0.0050
2023 Aug
+14.00 % $ 0.0050

Reef Finance Market Price Prediction


Here are what price predictors are forecasting for REEF:

Wallet Investor*

Wallet Investor forecasts a price of ~$0.03 (+50%**) to be reached in a year’s time, and ~$0.08 (+300%**) in 5 years. It ranks REEF as a C in terms of price predictability, which does not signify confidence.

2021-20222026
~$0.03~$0.08

Digital Coin Price*

According to Digital Coin Price, REEF could reach ~$0.03 (+50%**) by the end of 2021, and ~$0.07 (+250%**) by the end of 2026.

20212022202320242025202620272028
~$0.03~$0.03~$0.04~$0.05~$0.06~$0.07~$0.07~$0.10

Trading Beasts*

Trading Beasts predicts a price of ~$0.02 (+0%**) by the end of 2021, and that of ~$0.05 (+175%**) by the end of 2024.

2021202220232024
~$0.02~$0.02~$0.03~$0.05

*These predictions are merely supplemental data and should not be taken as financial advice

**Percentages are based on current value and could change anytime

REEF Price Prediction 2025 – 2030 – 2040


Our prediction model sees REEF reaching new highs in 2025:

$ 0.0181

What will Reef be worth in 5 years? 

The price of Reef Finance in 5 years could lie around $ 0.0077, according to CaptainAltcoin’s prediction model.

What Reef will be worth in 2030?

Our forecasting model sees Reef reaching $0.0451 in 2030.

What Reef will be worth in 2040?

Our forecasting model sees Reef reaching $0.0903 in 2040.

Will Reef replace / surpass / overtake Bitcoin?

No, Reef will not replace or overtake BTC.

Can Reef reach $0.10?

Yes, it is possible that Reef can reach $0.10 but only in the distanced future, after 2030.

Is Reef worth buying?

We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, Reef is worth buying.

Is Reef a good investment?

Reef is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.

How much will Reef be worth?

For the short-term future, it could reach $0.0027. In the long-term (8-10 years), it could jump to $0.0451 or even higher.

Why will Reef succeed and go up in price?

Reef has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees Reef rising up to $0.0451 in 2030.

Why will Reef fail and drop in price?

Crypto projects fail for various reasons. Some of the most common ones are: team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.

Can Reef reach $1?

Yes, it is possible that Reef can reach $1 but only in the distanced future, after 2030.

How high will Reef go?

Our forecasting model sees Reef price exploding and reaching $0.0903 in a distant future.

Can Reef make you a millionaire?

Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a Reef millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Reef could make you a millionaire.

Where & How To Buy REEF:


Where To Buy REEF:


REEF can be bought and sold on ~26 exchanges including Binance, Uniswap and FTX.[6]

How To Buy REEF:


The process of buying crypto can differ from exchange to exchange, but here are solid guidelines on how to buy REEF:

  1. Select an exchange (i.e. Binance) that supports REEF and check for KYC (account verification) requirements and available payment methods.
  2. Create an account on your preferred exchange.
  3. Purchase REEF with your preferred payment method.

Already have an account on an exchange that supports REEF?

  • Purchase REEF with your preferred payment method.

Or

  • Swap some of your tokens with REEF.

Note: When buying or swapping tokens, some exchanges may have minimum amounts in place. Additionally, most exchanges issue varying fees for purchases and swaps.

REEF Wallets:


Here are some trusted wallets that support REEF:

Binance

Trust Wallet

MetaMask

Trezor (hardware wallet)

Ledger (hardware wallet)

Note: It is important to keep in mind that not every exchange offers users the private keys to their wallets. Furthermore, some exchanges may have minimum withdrawal amounts and withdrawal fees in place, and these fees differ from exchange to exchange.

Summing It All Up


Reef is very versatile, and checks most of the boxes for a successful DeFi platform. The interoperability it offers, or the IDO launching on ReefStarter, or wasteless mining… built with scalability and upgradability in mind, it has laid the right foundations for a future-proof platform.

It is a recent project as it only launched last year, and has a lot of features planned to be released in the near future such as NFT baskets, a mobile app and the liquidity bridge. All these factors support the forecasts shared above, making REEF a potentially profitable token.

References & Resources:

[1] Reef.finance

[2] Docs.reef.finance

[3] Reefdefi.medium.com/denko-mancheski

[4] Coinmarketcap.com/reef

[5] Reefdefi.medium.com/introducing-reef

[6] Coinmarketcap.com/reef/markets

Coinmarketcap

Messari

Walletinvestor

Digitalcoinprice

Tradingbeasts

Also, you might want to check out other price predictions:

intelligent crypto
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CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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Felix Küster

Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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