REEF experienced a significant drop of 15.3% in a short period, possibly due to Binance's announcement to delist the REEF/USDT perpetual contract. The price briefly fell below $0.0008 but is currently at $0.000872. Binance also plans to adjust leverage and margin levels for this contract.

REEF

PANews reported on January 15 that according to Binance market data, REEF briefly fell below $0.0008, possibly affected by Binance's delisting, and fell 15.3% in a short period of time. The current price is $0.000872.
 Earlier today, it was reported that Binance will delist the REEF/USDT perpetual contract and adjust the leverage and margin levels.

REEF price dropped by 15.3% in a short period due to the news of its delisting from Binance.