ReddCoin Self Reported Market Capitalization Achieves $2.77 Million (RDD)

ReddCoin (RDD) traded 36% higher against the US dollar during the 1-day period ending at 22:00 PM E.T. on July 3rd. One ReddCoin coin can now be purchased for about $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. During the last seven days, ReddCoin has traded down 14.8% against the US dollar. ReddCoin has a total market cap of $2.77 million and approximately $4.48 worth of ReddCoin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded down 6.8% against the dollar and now trades at $0.11 or 0.00000195 BTC.
• UNUS SED LEO (LEO) traded up 0.7% against the dollar and now trades at $5.86 or 0.00009939 BTC.
• Litecoin (LTC) traded 6.8% lower against the dollar and now trades at $70.37 or 0.00119369 BTC.
• Uniswap (UNI) traded down 7.4% against the dollar and now trades at $8.26 or 0.00014011 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 down 13.7% against the dollar and now trades at $0.0724 or 0.00000123 BTC.
• dForce USD (USX) traded 0.1% lower against the dollar and now trades at $0.99 or 0.00001678 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• WhiteCoin (XWC) traded 0% higher against the dollar and now trades at $0.0034 or 0.00000006 BTC.

About ReddCoin

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 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.”

Buying and Selling ReddCoin

It is usually not presently possible to purchase alternative cryptocurrencies such as ReddCoin directly using US dollars. Investors seeking to trade ReddCoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ReddCoin using one of the aforementioned exchanges.

RDD/USD price chart by TradingView