ReddCoin Hits One Day Trading Volume of $2,005.57 (RDD)

ReddCoin (RDD) traded 43.6% lower against the US dollar during the 1 day period ending at 19:00 PM Eastern on June 29th. ReddCoin has a market capitalization of $8.53 million and approximately $2,005.57 worth of ReddCoin was traded on exchanges in the last day. During the last week, ReddCoin has traded 282.5% higher against the US dollar. One ReddCoin coin can currently be purchased for about $0.0003 or 0.00000000 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded down 1% against the dollar and now trades at $0.12 or 0.00000200 BTC.
• Litecoin (LTC) traded 3.2% higher against the dollar and now trades at $75.12 or 0.00123341 BTC.
• UNUS SED LEO (LEO) traded up 1.2% against the dollar and now trades at $5.81 or 0.00009537 BTC.
• Uniswap (UNI) traded down 1.3% against the dollar and now trades at $8.85 or 0.00014531 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.
• DEI (DEI) traded 4% higher against the dollar and now trades at $0.0134 or 0.00000022 BTC.
• Polymath (POLY) traded down 11.3% against the dollar and now trades at $0.0840 or 0.00000138 BTC.
• dForce USD (USX) traded 0.2% higher against the dollar and now trades at $0.99 or 0.00001630 BTC.
• Lotto (LOTTO) traded down 2.1% 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 Twitter account is @reddcoin and its Facebook page is accessible here. The official website for ReddCoin is www.reddcoin.com. ReddCoin’s official message board is www.reddcointalk.org. 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 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 Changelly, GDAX or Coinbase. 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