ReddCoin Hits Self Reported Market Capitalization of $1.61 Million (RDD)

ReddCoin (RDD) traded up 10.5% against the US dollar during the 1 day period ending at 12:00 PM E.T. on October 27th. ReddCoin has a total market capitalization of $1.61 million and approximately $25.91 worth of ReddCoin was traded on exchanges in the last day. In the last week, ReddCoin has traded up 25.4% against the US dollar. One ReddCoin coin can now be bought for approximately $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded 6.8% higher against the dollar and now trades at $0.14 or 0.00000211 BTC.
• UNUS SED LEO (LEO) traded up 2.1% against the dollar and now trades at $6.10 or 0.00009009 BTC.
• Litecoin (LTC) traded up 3.4% against the dollar and now trades at $70.53 or 0.00104228 BTC.
• Uniswap (UNI) traded 2.7% higher against the dollar and now trades at $7.51 or 0.00011104 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 up 28.4% against the dollar and now trades at $0.0867 or 0.00000128 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001472 BTC.
• WhiteCoin (XWC) traded 8% lower against the dollar and now trades at $0.0124 or 0.00000018 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Profile

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 official message board for ReddCoin 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. The Reddit community for ReddCoin is https://reddit.com/r/reddcoin and the currency’s Github account can be viewed 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.”

ReddCoin Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to acquire ReddCoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. 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