ReddCoin Hits 24-Hour Trading Volume of $2.06 (RDD)

ReddCoin (RDD) traded down 3.9% against the U.S. dollar during the 1 day period ending at 13:00 PM E.T. on October 28th. One ReddCoin coin can now be purchased for $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges. Over the last week, ReddCoin has traded down 88% against the U.S. dollar. ReddCoin has a market cap of $1.52 million and approximately $2.06 worth of ReddCoin was traded on exchanges in the last day.

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

• Dogecoin (DOGE) traded up 5.8% against the dollar and now trades at $0.15 or 0.00000219 BTC.
• UNUS SED LEO (LEO) traded down 0.8% against the dollar and now trades at $6.05 or 0.00008760 BTC.
• Litecoin (LTC) traded down 1.1% against the dollar and now trades at $70.02 or 0.00101342 BTC.
• Uniswap (UNI) traded down 0.4% against the dollar and now trades at $7.53 or 0.00010892 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 22.7% lower against the dollar and now trades at $0.0694 or 0.00000100 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $0.99 or 0.00001440 BTC.
• WhiteCoin (XWC) traded down 3.4% against the dollar and now trades at $0.0120 or 0.00000017 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Coin Profile

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 official message board for ReddCoin is www.reddcointalk.org. ReddCoin’s official website is www.reddcoin.com. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here. 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.”

Buying and Selling ReddCoin

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

RDD/USD price chart by TradingView