ReddCoin Self Reported Market Capitalization Hits $3.42 Million (RDD)

ReddCoin (RDD) traded 15.5% lower against the dollar during the 1-day period ending at 8:00 AM E.T. on April 20th. In the last seven days, ReddCoin has traded down 12.4% against the dollar. One ReddCoin coin can now be bought for about $0.0001 or 0.00000000 BTC on cryptocurrency exchanges. ReddCoin has a total market cap of $3.42 million and $319.01 worth of ReddCoin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded down 0.6% against the dollar and now trades at $0.15 or 0.00000239 BTC.
• Litecoin (LTC) traded up 1.3% against the dollar and now trades at $82.54 or 0.00129427 BTC.
• UNUS SED LEO (LEO) traded down 1.2% against the dollar and now trades at $5.76 or 0.00009036 BTC.
• Uniswap (UNI) traded down 0.9% against the dollar and now trades at $7.51 or 0.00011776 BTC.
• NyanCoin (NYAN) traded down 2.2% 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 up 3.9% against the dollar and now trades at $0.0193 or 0.00000030 BTC.
• Polymath (POLY) traded 8.5% higher against the dollar and now trades at $0.0964 or 0.00000151 BTC.
• dForce USD (USX) traded down 0.6% against the dollar and now trades at $0.96 or 0.00001501 BTC.
• WhiteCoin (XWC) traded 0.4% higher against the dollar and now trades at $0.0051 or 0.00000008 BTC.

ReddCoin Coin 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. ReddCoin’s official website 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.”

Buying and Selling ReddCoin

It is usually not possible to buy alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to trade ReddCoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ReddCoin using one of the aforementioned exchanges.

RDD/USD price chart by TradingView