ReddCoin Price Down 39.1% Over Last Week (RDD)

ReddCoin (RDD) traded down 34.7% against the US dollar during the 1 day period ending at 23:00 PM Eastern on August 7th. One ReddCoin coin can now be purchased for $0.0000 or 0.00000000 BTC on exchanges. In the last week, ReddCoin has traded 39.1% lower against the US dollar. ReddCoin has a total market capitalization of $1.04 million and approximately $81.59 worth of ReddCoin was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Dogecoin (DOGE) traded up 1.9% against the dollar and now trades at $0.10 or 0.00000174 BTC.
• UNUS SED LEO (LEO) traded 0.8% higher against the dollar and now trades at $5.79 or 0.00010076 BTC.
• Litecoin (LTC) traded 0.7% lower against the dollar and now trades at $58.50 or 0.00101849 BTC.
• Uniswap (UNI) traded up 0.5% against the dollar and now trades at $5.93 or 0.00010331 BTC.
• NyanCoin (NYAN) traded down 2.2% 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 18.6% higher against the dollar and now trades at $0.13 or 0.00000220 BTC.
• dForce USD (USX) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001743 BTC.
• WhiteCoin (XWC) traded up 1.9% against the dollar and now trades at $0.0058 or 0.00000010 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Coin 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. 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.”

Buying and Selling ReddCoin

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

RDD/USD price chart by TradingView