ReddCoin (RDD) Trading Down 28.8% This Week

ReddCoin (RDD) traded down 34.1% against the dollar during the one day period ending at 12:00 PM Eastern on February 10th. One ReddCoin coin can currently be purchased for $0.0001 or 0.00000000 BTC on major exchanges. In the last week, ReddCoin has traded 28.8% lower against the dollar. ReddCoin has a market capitalization of $1.70 million and approximately $74.06 worth of ReddCoin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded down 0% against the dollar and now trades at $0.25 or 0.00000261 BTC.
• UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $9.86 or 0.00010131 BTC.
• Litecoin (LTC) traded 10.8% higher against the dollar and now trades at $120.17 or 0.00123464 BTC.
• Uniswap (UNI) traded up 2% against the dollar and now trades at $9.48 or 0.00009738 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded down 0.3% against the dollar and now trades at $0.23 or 0.00000232 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• dForce USD (USX) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001025 BTC.
• WhiteCoin (XWC) traded 6.6% lower against the dollar and now trades at $0.0177 or 0.00000018 BTC.
• 42-coin (42) traded 28% higher against the dollar and now trades at $92,828.09 or 0.96490308 BTC.

ReddCoin Profile

ReddCoin (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. The Reddit community for ReddCoin is https://reddit.com/r/reddcoin and the currency’s Github account can be viewed here. ReddCoin’s official message board is www.reddcointalk.org. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here. ReddCoin’s official website is www.reddcoin.com.

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 acquire ReddCoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly 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