ReddCoin (RDD) Trading Up 11.1% This Week

ReddCoin (RDD) traded 29.4% higher against the US dollar during the twenty-four hour period ending at 22:00 PM Eastern on April 29th. One ReddCoin coin can now be purchased for $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. ReddCoin has a total market cap of $3.76 million and approximately $38.60 worth of ReddCoin was traded on exchanges in the last 24 hours. During the last seven days, ReddCoin has traded 11.1% higher against the US dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Dogecoin (DOGE) traded down 1.3% against the dollar and now trades at $0.14 or 0.00000225 BTC.
• Litecoin (LTC) traded down 1.6% against the dollar and now trades at $83.20 or 0.00130373 BTC.
• UNUS SED LEO (LEO) traded 1.7% higher against the dollar and now trades at $5.85 or 0.00009163 BTC.
• Uniswap (UNI) traded down 0.6% against the dollar and now trades at $7.69 or 0.00012049 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.
• DEI (DEI) traded down 0.2% against the dollar and now trades at $0.0188 or 0.00000030 BTC.
• Polymath (POLY) traded down 0.6% against the dollar and now trades at $0.10 or 0.00000161 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $0.98 or 0.00001538 BTC.
• Lotto (LOTTO) traded down 2.1% 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. 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 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. ReddCoin’s official website is www.reddcoin.com. ReddCoin’s official message board is www.reddcointalk.org.

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 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 Changelly, Gemini or GDAX. 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