ReddCoin Trading Up 1.9% Over Last Week (RDD)

ReddCoin (RDD) traded 13.3% lower against the U.S. dollar during the one day period ending at 12:00 PM ET on July 1st. ReddCoin has a total market cap of $2.18 million and $115.56 worth of ReddCoin was traded on exchanges in the last day. One ReddCoin coin can now be bought for about $0.0001 or 0.00000000 BTC on exchanges. During the last week, ReddCoin has traded up 1.9% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded up 2.1% against the dollar and now trades at $0.12 or 0.00000198 BTC.
• Litecoin (LTC) traded 0.5% higher against the dollar and now trades at $74.75 or 0.00118479 BTC.
• Uniswap (UNI) traded up 1.9% against the dollar and now trades at $9.28 or 0.00014708 BTC.
• UNUS SED LEO (LEO) traded down 1.9% against the dollar and now trades at $5.76 or 0.00009132 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Polymath (POLY) traded down 12.6% against the dollar and now trades at $0.11 or 0.00000170 BTC.
• DEI (DEI) traded 0.3% higher against the dollar and now trades at $0.0132 or 0.00000021 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $0.99 or 0.00001578 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Coin Profile

RDD is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its genesis date was February 2nd, 2014. ReddCoin’s total supply is 30,397,274,955 coins and its circulating supply is 30,399,022,287 coins. ReddCoin’s official website 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. ReddCoin’s official message board is www.reddcointalk.org.

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.”

Buying and Selling ReddCoin

It is usually not presently possible to purchase alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to acquire ReddCoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ReddCoin using one of the exchanges listed above.

RDD/USD price chart by TradingView