ReddCoin (RDD) Reaches Self Reported Market Capitalization of $1.67 Million

ReddCoin (RDD) traded 38.4% lower against the US dollar during the 24 hour period ending at 12:00 PM Eastern on January 29th. ReddCoin has a market cap of $1.67 million and approximately $8.49 worth of ReddCoin was traded on exchanges in the last 24 hours. One ReddCoin coin can currently be bought for $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. Over the last week, ReddCoin has traded down 8.7% against the US dollar.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded down 2.2% against the dollar and now trades at $0.32 or 0.00000317 BTC.
• UNUS SED LEO (LEO) traded 1.5% lower against the dollar and now trades at $9.62 or 0.00009438 BTC.
• Litecoin (LTC) traded 2.3% lower against the dollar and now trades at $110.86 or 0.00108809 BTC.
• Uniswap (UNI) traded 5% higher against the dollar and now trades at $11.58 or 0.00011365 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded 9.6% higher against the dollar and now trades at $0.24 or 0.00000232 BTC.
• MegaCoin (MEC) traded 2.2% lower against the dollar and now trades at $4.30 or 0.00015776 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00000977 BTC.
• WhiteCoin (XWC) traded 6.9% lower against the dollar and now trades at $0.0193 or 0.00000019 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

About ReddCoin

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. 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 message board is www.reddcointalk.org. 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 purchase alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to acquire ReddCoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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