ReddCoin Hits Self Reported Market Capitalization of $3.88 Million (RDD)

ReddCoin (RDD) traded up 15.2% against the US dollar during the 1 day period ending at 16:00 PM E.T. on April 17th. ReddCoin has a market cap of $3.88 million and $14.99 worth of ReddCoin was traded on exchanges in the last day. During the last week, ReddCoin has traded up 27.6% against the US dollar. One ReddCoin coin can now be purchased for $0.0001 or 0.00000000 BTC on exchanges.

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

• Dogecoin (DOGE) traded down 3% against the dollar and now trades at $0.15 or 0.00000243 BTC.
• Litecoin (LTC) traded up 1% against the dollar and now trades at $79.76 or 0.00129922 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $5.88 or 0.00009572 BTC.
• Uniswap (UNI) traded down 1.9% against the dollar and now trades at $6.97 or 0.00011360 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.
• DEI (DEI) traded 2.5% lower against the dollar and now trades at $0.0166 or 0.00000027 BTC.
• Polymath (POLY) traded 12.7% lower against the dollar and now trades at $0.0890 or 0.00000145 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $0.96 or 0.00001563 BTC.
• WhiteCoin (XWC) traded down 0.2% against the dollar and now trades at $0.0057 or 0.00000009 BTC.

About ReddCoin

ReddCoin 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 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. The official website for ReddCoin is www.reddcoin.com. 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 buy alternative cryptocurrencies such as ReddCoin directly using US dollars. Investors seeking to trade ReddCoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. 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