ReddCoin (RDD) Reaches Self Reported Market Cap of $1.19 Million

ReddCoin (RDD) traded down 17.1% against the U.S. dollar during the twenty-four hour period ending at 11:00 AM E.T. on August 4th. ReddCoin has a total market capitalization of $1.19 million and approximately $18.53 worth of ReddCoin was traded on exchanges in the last 24 hours. In the last seven days, ReddCoin has traded down 38.8% against the U.S. dollar. One ReddCoin coin can currently be bought for about $0.0000 or 0.00000000 BTC on cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded 8.7% lower against the dollar and now trades at $0.10 or 0.00000174 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $5.66 or 0.00009542 BTC.
• Litecoin (LTC) traded 4.3% lower against the dollar and now trades at $63.01 or 0.00106314 BTC.
• Uniswap (UNI) traded 6.9% lower against the dollar and now trades at $6.26 or 0.00010563 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 19.9% higher against the dollar and now trades at $0.0923 or 0.00000156 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $1.00 or 0.00001641 BTC.
• WhiteCoin (XWC) traded down 1.9% against the dollar and now trades at $0.0058 or 0.00000010 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Profile

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

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 US dollars. Investors seeking to acquire ReddCoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ReddCoin using one of the exchanges listed above.

RDD/USD price chart by TradingView