ReddCoin Reaches Self Reported Market Capitalization of $2.38 Million (RDD)

ReddCoin (RDD) traded 0.3% higher against the dollar during the 24-hour period ending at 12:00 PM Eastern on January 5th. ReddCoin has a market cap of $2.38 million and approximately $94.18 worth of ReddCoin was traded on exchanges in the last day. One ReddCoin coin can currently be bought for approximately $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges. In the last seven days, ReddCoin has traded down 8.5% against the dollar.

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

• Dogecoin (DOGE) traded up 0.3% against the dollar and now trades at $0.38 or 0.00000390 BTC.
• Uniswap (UNI) traded 0.5% lower against the dollar and now trades at $15.11 or 0.00015410 BTC.
• Litecoin (LTC) traded up 0.7% against the dollar and now trades at $111.83 or 0.00114061 BTC.
• UNUS SED LEO (LEO) traded down 0.2% against the dollar and now trades at $9.11 or 0.00009291 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 down 8.1% against the dollar and now trades at $0.0811 or 0.00000083 BTC.
• WhiteCoin (XWC) traded down 2.8% against the dollar and now trades at $0.0300 or 0.00000031 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001025 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Coin Profile

ReddCoin (CRYPTO: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 website is www.reddcoin.com. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here. The official message board for ReddCoin is www.reddcointalk.org. 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 possible to purchase alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to trade ReddCoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ReddCoin using one of the aforementioned exchanges.

RDD/USD price chart by TradingView