ReddCoin (RDD) Trading 74.3% Lower This Week

ReddCoin (RDD) traded down 7.3% against the US dollar during the 1 day period ending at 19:00 PM Eastern on August 6th. Over the last week, ReddCoin has traded down 74.3% against the US dollar. One ReddCoin coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. ReddCoin has a market cap of $1.58 million and approximately $134.95 worth of ReddCoin was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded 0.9% higher against the dollar and now trades at $0.0967 or 0.00000172 BTC.
• UNUS SED LEO (LEO) traded up 0.9% against the dollar and now trades at $5.73 or 0.00010186 BTC.
• Litecoin (LTC) traded up 3.3% against the dollar and now trades at $58.62 or 0.00104194 BTC.
• Uniswap (UNI) traded 6.9% higher against the dollar and now trades at $5.77 or 0.00010264 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 up 1.6% against the dollar and now trades at $0.11 or 0.00000197 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001775 BTC.
• WhiteCoin (XWC) traded up 1.1% against the dollar and now trades at $0.0056 or 0.00000010 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Profile

ReddCoin (CRYPTO:RDD) is a PoW/PoS coin that uses the Scrypt hashing algorithm. It was first traded on 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 message board is www.reddcointalk.org. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here. The official website for ReddCoin is www.reddcoin.com. 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 presently possible to buy alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to trade ReddCoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly 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