ReddCoin (RDD) Self Reported Market Cap Reaches $1.62 Million

ReddCoin (RDD) traded up 9.2% against the U.S. dollar during the twenty-four hour period ending at 13:00 PM E.T. on October 12th. ReddCoin has a total market cap of $1.62 million and $10.97 worth of ReddCoin was traded on exchanges in the last 24 hours. One ReddCoin coin can now be purchased for about $0.0001 or 0.00000000 BTC on popular exchanges. During the last week, ReddCoin has traded up 4.2% against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Dogecoin (DOGE) traded 1.1% higher against the dollar and now trades at $0.11 or 0.00000177 BTC.
• UNUS SED LEO (LEO) traded 1.2% lower against the dollar and now trades at $6.07 or 0.00009604 BTC.
• Litecoin (LTC) traded up 1.4% against the dollar and now trades at $66.36 or 0.00104974 BTC.
• Uniswap (UNI) traded up 2.4% against the dollar and now trades at $8.10 or 0.00012820 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 6.4% higher against the dollar and now trades at $0.0745 or 0.00000118 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001577 BTC.
• WhiteCoin (XWC) traded 0.9% lower against the dollar and now trades at $0.0160 or 0.00000025 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Profile

RDD is a PoW/PoS coin that uses the Scrypt hashing algorithm. It launched 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 Reddit community for ReddCoin is https://reddit.com/r/reddcoin and the currency’s Github account can be viewed here. The official message board for ReddCoin is www.reddcointalk.org. ReddCoin’s official website is www.reddcoin.com. 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.”

ReddCoin Coin Trading

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

RDD/USD price chart by TradingView