ReddCoin Hits Self Reported Market Capitalization of $12.43 Million (RDD)

ReddCoin (RDD) traded up 715.4% against the US dollar during the 1-day period ending at 22:00 PM Eastern on October 30th. One ReddCoin coin can now be purchased for approximately $0.0004 or 0.00000001 BTC on exchanges. ReddCoin has a total market cap of $12.43 million and approximately $86.59 worth of ReddCoin was traded on exchanges in the last 24 hours. In the last seven days, ReddCoin has traded up 735.7% against the US dollar.

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

• Dogecoin (DOGE) traded 2.7% lower against the dollar and now trades at $0.17 or 0.00000236 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $6.06 or 0.00008399 BTC.
• Litecoin (LTC) traded 2.7% lower against the dollar and now trades at $71.62 or 0.00099340 BTC.
• Uniswap (UNI) traded up 2.3% against the dollar and now trades at $8.07 or 0.00011200 BTC.
• NyanCoin (NYAN) traded down 2.2% 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 up 23% against the dollar and now trades at $0.0670 or 0.00000093 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001373 BTC.
• WhiteCoin (XWC) traded up 0.4% against the dollar and now trades at $0.0123 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 (CRYPTO: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 message board is www.reddcointalk.org. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here. ReddCoin’s official website is www.reddcoin.com.

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 currently possible to purchase alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to acquire ReddCoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase ReddCoin using one of the aforementioned exchanges.

RDD/USD price chart by TradingView