ReddCoin (RDD) Trading 6.6% Lower This Week

ReddCoin (RDD) traded down 21.1% against the dollar during the 24 hour period ending at 23:00 PM Eastern on November 4th. In the last seven days, ReddCoin has traded down 6.6% against the dollar. ReddCoin has a market cap of $1.43 million and approximately $28.01 worth of ReddCoin was traded on exchanges in the last day. One ReddCoin coin can now be bought for about $0.0000 or 0.00000000 BTC on major cryptocurrency exchanges.

Here is how other cryptocurrencies have performed in 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 0.1% higher 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 2.2% lower against the dollar and now trades at $6.88 or 0.00010058 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 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 Profile

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 official website for ReddCoin is www.reddcoin.com. 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 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.”

ReddCoin Coin Trading

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 GDAX, Gemini or Coinbase. 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