The cryptocurrency REEF has experienced a significant drop in value for several reasons:

Delisting from Binance: In August 2024, Binance decided to delist REEF from most of its trading products, including the REEF/USDT and REEF/TRY pairs. Delisting from such a major exchange greatly impacted investor confidence and liquidity. Although perpetual contracts for REEF remained available, the news led to a sell-off among holders​
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Security Breaches on Exchanges: In September 2024, one of the exchanges supporting REEF experienced a hot wallet breach, raising concerns about the safety of assets, which likely contributed to the price decline​
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Despite these setbacks, the REEF project continues to develop its ecosystem, including products like ReefSwap, which could potentially stabilize the price in the future.

Es importante mantenerse informado sobre los factores que afectan el valor de las criptomonedas como REEF. A pesar de los desafíos recientes, es alentador ver el continuo desarrollo de su ecosistema. La introducción de productos como ReefSwap podría ser clave para la estabilización futura de los precios. ¡Sigamos de cerca su evolución!