ReddCoin (RDD) Price Hits $0.0001 on Exchanges

ReddCoin (RDD) traded down 3.7% against the dollar during the twenty-four hour period ending at 22:00 PM ET on July 2nd. Over the last seven days, ReddCoin has traded down 14.3% against the dollar. One ReddCoin coin can currently be bought for approximately $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges. ReddCoin has a market capitalization of $2.04 million and $131.27 worth of ReddCoin was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Dogecoin (DOGE) traded 1.3% higher against the dollar and now trades at $0.12 or 0.00000201 BTC.
• Litecoin (LTC) traded up 2.1% against the dollar and now trades at $75.98 or 0.00122645 BTC.
• Uniswap (UNI) traded 0.4% lower against the dollar and now trades at $9.03 or 0.00014583 BTC.
• UNUS SED LEO (LEO) traded 0.6% lower against the dollar and now trades at $5.75 or 0.00009284 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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.
• Polymath (POLY) traded down 22.5% against the dollar and now trades at $0.0838 or 0.00000135 BTC.
• dForce USD (USX) traded 0.1% lower against the dollar and now trades at $0.99 or 0.00001596 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• WhiteCoin (XWC) traded 6.9% lower against the dollar and now trades at $0.0034 or 0.00000005 BTC.

ReddCoin Profile

ReddCoin (CRYPTO:RDD) is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its launch 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 message board is www.reddcointalk.org. ReddCoin’s official website is www.reddcoin.com. The Reddit community for ReddCoin is https://reddit.com/r/reddcoin and the currency’s Github account can be viewed here. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible 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.”

Buying and Selling ReddCoin

It is usually not possible to purchase alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to trade ReddCoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. 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