ReddCoin (RDD) Price Down 44.3% Over Last Week

ReddCoin (RDD) traded 18.9% lower against the dollar during the 1 day period ending at 14:00 PM Eastern on June 27th. One ReddCoin coin can currently be bought for approximately $0.0001 or 0.00000000 BTC on exchanges. ReddCoin has a market cap of $1.90 million and $14.24 worth of ReddCoin was traded on exchanges in the last 24 hours. In the last seven days, ReddCoin has traded down 44.3% against the dollar.

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

• Dogecoin (DOGE) traded 1.5% higher against the dollar and now trades at $0.12 or 0.00000201 BTC.
• Uniswap (UNI) traded up 2.3% against the dollar and now trades at $9.44 or 0.00015284 BTC.
• Litecoin (LTC) traded 2.3% higher against the dollar and now trades at $72.56 or 0.00117495 BTC.
• UNUS SED LEO (LEO) traded up 0.6% against the dollar and now trades at $5.77 or 0.00009347 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 up 5% against the dollar and now trades at $0.12 or 0.00000192 BTC.
• DEI (DEI) traded 1.8% lower against the dollar and now trades at $0.0131 or 0.00000021 BTC.
• dForce USD (USX) traded 0.3% higher against the dollar and now trades at $0.99 or 0.00001606 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Coin Profile

ReddCoin 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 message board is www.reddcointalk.org. ReddCoin’s official website is www.reddcoin.com. 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.

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

RDD/USD price chart by TradingView