ReddCoin Trading 24.4% Higher This Week (RDD)

ReddCoin (RDD) traded down 3.6% against the US dollar during the 1 day period ending at 12:00 PM ET on February 14th. In the last seven days, ReddCoin has traded 24.4% higher against the US dollar. ReddCoin has a market capitalization of $2.93 million and approximately $931.07 worth of ReddCoin was traded on exchanges in the last 24 hours. One ReddCoin coin can now be purchased for $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Dogecoin (DOGE) traded 7.3% higher against the dollar and now trades at $0.28 or 0.00000283 BTC.
• Litecoin (LTC) traded 3.4% higher against the dollar and now trades at $127.38 or 0.00130852 BTC.
• UNUS SED LEO (LEO) traded up 0.5% against the dollar and now trades at $9.82 or 0.00010087 BTC.
• Uniswap (UNI) traded up 5.8% against the dollar and now trades at $10.14 or 0.00010416 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded 0.4% higher against the dollar and now trades at $0.22 or 0.00000230 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001029 BTC.
• WhiteCoin (XWC) traded down 3.2% against the dollar and now trades at $0.0178 or 0.00000018 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 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 website is www.reddcoin.com. 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 possible to buy alternative cryptocurrencies such as ReddCoin directly using US dollars. Investors seeking to trade ReddCoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ReddCoin using one of the exchanges listed above.

RDD/USD price chart by TradingView