ReddCoin (RDD) Hits Self Reported Market Capitalization of $2.33 Million

ReddCoin (RDD) traded 1.9% lower against the dollar during the 24-hour period ending at 12:00 PM ET on December 16th. One ReddCoin coin can currently be purchased for about $0.0001 or 0.00000000 BTC on exchanges. ReddCoin has a market cap of $2.33 million and approximately $227.74 worth of ReddCoin was traded on exchanges in the last day. In the last week, ReddCoin has traded 23.7% lower against the dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Dogecoin (DOGE) traded 1.2% higher against the dollar and now trades at $0.41 or 0.00000382 BTC.
• Uniswap (UNI) traded down 1.4% against the dollar and now trades at $16.65 or 0.00015575 BTC.
• Litecoin (LTC) traded 1.3% higher against the dollar and now trades at $121.30 or 0.00113472 BTC.
• UNUS SED LEO (LEO) traded 2.4% higher against the dollar and now trades at $9.61 or 0.00008992 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 0.4% higher against the dollar and now trades at $0.0784 or 0.00000073 BTC.
• WhiteCoin (XWC) traded up 34.2% against the dollar and now trades at $0.0327 or 0.00000031 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00000943 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

About ReddCoin

ReddCoin is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its genesis 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. 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. 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 buy alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to trade ReddCoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ReddCoin using one of the aforementioned exchanges.

RDD/USD price chart by TradingView