ReddCoin Self Reported Market Capitalization Hits $2.46 Million (RDD)

ReddCoin (RDD) traded down 0.6% against the U.S. dollar during the one day period ending at 20:00 PM E.T. on May 25th. ReddCoin has a total market capitalization of $2.46 million and $76.58 worth of ReddCoin was traded on exchanges in the last 24 hours. One ReddCoin coin can currently be purchased for about $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges. During the last seven days, ReddCoin has traded down 62.6% against the U.S. dollar.

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

• Dogecoin (DOGE) traded 4.7% higher against the dollar and now trades at $0.17 or 0.00000248 BTC.
• Uniswap (UNI) traded up 10% against the dollar and now trades at $11.34 or 0.00016389 BTC.
• Litecoin (LTC) traded 0% higher against the dollar and now trades at $84.94 or 0.00122753 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $5.98 or 0.00008639 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.
• DEI (DEI) traded 3% higher against the dollar and now trades at $0.0171 or 0.00000025 BTC.
• Polymath (POLY) traded 7.3% higher against the dollar and now trades at $0.0733 or 0.00000106 BTC.
• dForce USD (USX) traded up 0.1% against the dollar and now trades at $0.98 or 0.00001414 BTC.
• Lotto (LOTTO) traded 2.1% lower 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. ReddCoin’s official message board 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.”

ReddCoin Coin Trading

It is usually not currently 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 Coinbase, GDAX or Gemini. 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