ReddCoin Self Reported Market Capitalization Tops $3.52 Million (RDD)

ReddCoin (RDD) traded down 17.4% against the U.S. dollar during the one day period ending at 11:00 AM E.T. on April 17th. One ReddCoin coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. Over the last week, ReddCoin has traded up 13% against the U.S. dollar. ReddCoin has a total market cap of $3.52 million and approximately $38.97 worth of ReddCoin was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded down 1.5% against the dollar and now trades at $0.15 or 0.00000243 BTC.
• Litecoin (LTC) traded 0.3% lower against the dollar and now trades at $77.82 or 0.00127152 BTC.
• UNUS SED LEO (LEO) traded down 0% against the dollar and now trades at $5.86 or 0.00009578 BTC.
• Uniswap (UNI) traded down 3.5% against the dollar and now trades at $6.83 or 0.00011162 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• DEI (DEI) traded 0.8% lower against the dollar and now trades at $0.0166 or 0.00000027 BTC.
• Polymath (POLY) traded 16.5% lower against the dollar and now trades at $0.0862 or 0.00000141 BTC.
• dForce USD (USX) traded down 1.2% against the dollar and now trades at $0.95 or 0.00001559 BTC.
• WhiteCoin (XWC) traded 9% lower against the dollar and now trades at $0.0053 or 0.00000009 BTC.

ReddCoin Profile

RDD is a PoW/PoS coin that uses the Scrypt hashing algorithm. It was first traded on February 2nd, 2014. ReddCoin’s total supply is 30,397,274,955 coins and its circulating supply is 30,399,022,287 coins. The official message board for ReddCoin is www.reddcointalk.org. The official website for ReddCoin is www.reddcoin.com. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here. The Reddit community for ReddCoin is https://reddit.com/r/reddcoin and the currency’s Github account can be viewed here.

According to CryptoCompare, “Reddcoin is trying to jump on the tipping bandwagon by making itself the social network donation go to default. A Scrypt coin with a 60 second block time and block retargeting using kimoto’s gravity well. The coin also includes a 5% annual inflation after the 27.5 billion have been mined by PoW. Alongside Reddcoin includes an innovative proof of stake velocity algorithm.”

ReddCoin Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as ReddCoin directly using US dollars. Investors seeking to trade ReddCoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ReddCoin using one of the aforementioned exchanges.

RDD/USD price chart by TradingView