ReddCoin (RDD) Price Down 31.7% This Week

ReddCoin (RDD) traded down 25.6% against the US dollar during the 24-hour period ending at 9:00 AM Eastern on July 21st. ReddCoin has a total market capitalization of $1.63 million and $28.62 worth of ReddCoin was traded on exchanges in the last 24 hours. One ReddCoin coin can now be purchased for $0.0001 or 0.00000000 BTC on popular exchanges. In the last seven days, ReddCoin has traded down 31.7% against the US dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Dogecoin (DOGE) traded up 3.1% against the dollar and now trades at $0.13 or 0.00000197 BTC.
• Litecoin (LTC) traded 0.8% higher against the dollar and now trades at $73.27 or 0.00109871 BTC.
• UNUS SED LEO (LEO) traded down 0.6% against the dollar and now trades at $5.69 or 0.00008528 BTC.
• Uniswap (UNI) traded up 0.6% against the dollar and now trades at $7.90 or 0.00011846 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.
• Polymath (POLY) traded up 5.3% against the dollar and now trades at $0.11 or 0.00000162 BTC.
• dForce USD (USX) traded up 0.1% against the dollar and now trades at $1.00 or 0.00001494 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• WhiteCoin (XWC) traded down 4.2% against the dollar and now trades at $0.0048 or 0.00000007 BTC.

ReddCoin Coin Profile

ReddCoin (CRYPTO:RDD) is a PoW/PoS coin that uses the Scrypt hashing algorithm. It launched on 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. The Reddit community for ReddCoin is https://reddit.com/r/reddcoin and the currency’s Github account can be viewed here. The official website for ReddCoin is www.reddcoin.com. 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 possible to buy alternative cryptocurrencies such as ReddCoin directly using US dollars. Investors seeking to trade ReddCoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ReddCoin using one of the exchanges listed above.

RDD/USD price chart by TradingView