ReddCoin Reaches Self Reported Market Capitalization of $9.80 Million (RDD)

ReddCoin (RDD) traded up 496.3% against the dollar during the 1 day period ending at 18:00 PM ET on August 13th. During the last seven days, ReddCoin has traded up 520.6% against the dollar. One ReddCoin coin can now be purchased for $0.0003 or 0.00000001 BTC on cryptocurrency exchanges. ReddCoin has a market capitalization of $9.80 million and approximately $3.30 worth of ReddCoin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded 0.3% higher against the dollar and now trades at $0.11 or 0.00000175 BTC.
• UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $5.79 or 0.00009511 BTC.
• Litecoin (LTC) traded up 3.6% against the dollar and now trades at $63.24 or 0.00103806 BTC.
• Uniswap (UNI) traded up 4.1% against the dollar and now trades at $6.37 or 0.00010456 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 up 29.2% against the dollar and now trades at $0.10 or 0.00000167 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001650 BTC.
• WhiteCoin (XWC) traded 4% lower against the dollar and now trades at $0.0059 or 0.00000010 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Coin Profile

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. The official message board for ReddCoin 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.”

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase ReddCoin using one of the aforementioned exchanges.

RDD/USD price chart by TradingView