ReddCoin (RDD) Price Tops $0.0004 on Major Exchanges

ReddCoin (RDD) traded up 541.7% against the dollar during the 1-day period ending at 8:00 AM ET on August 13th. ReddCoin has a total market cap of $10.91 million and $3.12 worth of ReddCoin was traded on exchanges in the last 24 hours. During the last week, ReddCoin has traded 671.8% higher against the dollar. One ReddCoin coin can currently be purchased for about $0.0004 or 0.00000001 BTC on popular exchanges.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Dogecoin (DOGE) traded 1.6% lower against the dollar and now trades at $0.10 or 0.00000177 BTC.
• UNUS SED LEO (LEO) traded up 0.2% against the dollar and now trades at $5.80 or 0.00009840 BTC.
• Litecoin (LTC) traded 0.7% higher against the dollar and now trades at $61.88 or 0.00104921 BTC.
• Uniswap (UNI) traded down 1.2% against the dollar and now trades at $6.17 or 0.00010467 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Polymath (POLY) traded 19.5% higher against the dollar and now trades at $0.0923 or 0.00000157 BTC.
• dForce USD (USX) traded 0.1% lower against the dollar and now trades at $1.00 or 0.00001700 BTC.
• WhiteCoin (XWC) traded 2.7% higher against the dollar and now trades at $0.0060 or 0.00000010 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 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 Reddit community for ReddCoin is https://reddit.com/r/reddcoin and the currency’s Github account can be viewed here. 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.

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 GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ReddCoin using one of the exchanges listed above.

RDD/USD price chart by TradingView