ReddCoin (RDD) Price Hits $0.0001 on Major Exchanges

ReddCoin (RDD) traded up 2.5% against the dollar during the 24-hour period ending at 9:00 AM ET on July 26th. One ReddCoin coin can currently be bought for approximately $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. ReddCoin has a market cap of $1.97 million and $25.52 worth of ReddCoin was traded on exchanges in the last day. During the last week, ReddCoin has traded down 44.7% against the dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded 5.3% higher against the dollar and now trades at $0.13 or 0.00000193 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $5.81 or 0.00008635 BTC.
• Litecoin (LTC) traded up 5% against the dollar and now trades at $71.24 or 0.00105865 BTC.
• Uniswap (UNI) traded up 6.3% against the dollar and now trades at $7.56 or 0.00011240 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 9.8% lower against the dollar and now trades at $0.0974 or 0.00000145 BTC.
• dForce USD (USX) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001493 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• WhiteCoin (XWC) traded 10.8% lower against the dollar and now trades at $0.0041 or 0.00000006 BTC.

ReddCoin 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. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here. The official website for ReddCoin is www.reddcoin.com. The official message board for ReddCoin 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.”

ReddCoin Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as ReddCoin directly using US dollars. Investors seeking to acquire ReddCoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ReddCoin using one of the exchanges listed above.

RDD/USD price chart by TradingView