ReddCoin Self Reported Market Cap Hits $1.70 Million (RDD)

ReddCoin (RDD) traded 11.5% higher against the US dollar during the 1 day period ending at 12:00 PM ET on July 10th. One ReddCoin coin can currently be purchased for approximately $0.0001 or 0.00000000 BTC on exchanges. Over the last week, ReddCoin has traded down 15.3% against the US dollar. ReddCoin has a total market capitalization of $1.70 million and $6.10 worth of ReddCoin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded up 2.2% against the dollar and now trades at $0.11 or 0.00000191 BTC.
• UNUS SED LEO (LEO) traded 1.1% lower against the dollar and now trades at $5.79 or 0.00009998 BTC.
• Litecoin (LTC) traded up 1.7% against the dollar and now trades at $66.94 or 0.00115638 BTC.
• Uniswap (UNI) traded up 0.4% against the dollar and now trades at $8.15 or 0.00014070 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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 0.8% lower against the dollar and now trades at $0.0874 or 0.00000151 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001722 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.
• WhiteCoin (XWC) traded up 4.3% against the dollar and now trades at $0.0043 or 0.00000007 BTC.

ReddCoin Profile

ReddCoin (RDD) 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. 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 currently 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 GDAX, Gemini or Changelly. 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