ReddCoin Self Reported Market Cap Reaches $1.43 Million (RDD)

ReddCoin (RDD) traded down 21.1% against the U.S. dollar during the 1 day period ending at 23:00 PM E.T. on November 4th. ReddCoin has a total market capitalization of $1.43 million and $28.01 worth of ReddCoin was traded on exchanges in the last day. During the last week, ReddCoin has traded 6.6% lower against the U.S. dollar. One ReddCoin coin can now be bought for approximately $0.0000 or 0.00000000 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded up 7.2% against the dollar and now trades at $0.16 or 0.00000238 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $6.06 or 0.00008861 BTC.
• Litecoin (LTC) traded 1.2% lower against the dollar and now trades at $66.58 or 0.00097394 BTC.
• Uniswap (UNI) traded down 2.2% against the dollar and now trades at $6.88 or 0.00010058 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 1.1% higher against the dollar and now trades at $0.0484 or 0.00000071 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001457 BTC.
• WhiteCoin (XWC) traded up 1.2% against the dollar and now trades at $0.0139 or 0.00000020 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Coin Profile

RDD is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its genesis 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. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here. The official website for ReddCoin is www.reddcoin.com. The official message board for ReddCoin is www.reddcointalk.org. 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 presently possible to buy alternative cryptocurrencies such as ReddCoin directly using US dollars. Investors seeking to trade ReddCoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. 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