ReddCoin (RDD) Self Reported Market Capitalization Reaches $1.57 Million

ReddCoin (RDD) traded 5.2% higher against the dollar during the 24 hour period ending at 22:00 PM ET on October 24th. Over the last week, ReddCoin has traded down 60.5% against the dollar. One ReddCoin coin can now be bought for about $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges. ReddCoin has a total market capitalization of $1.57 million and $41.34 worth of ReddCoin was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Dogecoin (DOGE) traded down 0.8% against the dollar and now trades at $0.14 or 0.00000205 BTC.
• UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $6.10 or 0.00008995 BTC.
• Litecoin (LTC) traded up 1.2% against the dollar and now trades at $71.20 or 0.00104946 BTC.
• Uniswap (UNI) traded up 0% against the dollar and now trades at $8.12 or 0.00011969 BTC.
• NyanCoin (NYAN) traded down 2.2% 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.
• Polymath (POLY) traded 3% lower against the dollar and now trades at $0.0518 or 0.00000076 BTC.
• dForce USD (USX) traded down 0% against the dollar and now trades at $1.00 or 0.00001467 BTC.
• WhiteCoin (XWC) traded up 2% against the dollar and now trades at $0.0167 or 0.00000025 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Profile

ReddCoin (RDD) is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its genesis 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. 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. 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.”

ReddCoin Coin Trading

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

RDD/USD price chart by TradingView