ReddCoin (RDD) Trading 32.9% Lower This Week

ReddCoin (RDD) traded up 1.9% against the US dollar during the 24 hour period ending at 11:00 AM E.T. on October 25th. ReddCoin has a total market capitalization of $1.55 million and $85.22 worth of ReddCoin was traded on exchanges in the last 24 hours. One ReddCoin coin can currently be bought for $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. Over the last seven days, ReddCoin has traded down 32.9% against the US dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded down 2.1% against the dollar and now trades at $0.14 or 0.00000202 BTC.
• UNUS SED LEO (LEO) traded 1.9% lower against the dollar and now trades at $5.99 or 0.00008771 BTC.
• Litecoin (LTC) traded up 1.7% against the dollar and now trades at $72.01 or 0.00105450 BTC.
• Uniswap (UNI) traded 0.2% lower against the dollar and now trades at $8.06 or 0.00011805 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.
• Polymath (POLY) traded 21.7% higher against the dollar and now trades at $0.0559 or 0.00000082 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001458 BTC.
• WhiteCoin (XWC) traded 4.8% lower against the dollar and now trades at $0.0160 or 0.00000023 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Coin Profile

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