ReddCoin (RDD) Trading Down 21.9% Over Last Week

ReddCoin (RDD) traded down 16.8% against the dollar during the one day period ending at 20:00 PM Eastern on October 19th. ReddCoin has a market cap of $1.40 million and approximately $228.22 worth of ReddCoin was traded on exchanges in the last 24 hours. One ReddCoin coin can currently be bought for approximately $0.0000 or 0.00000000 BTC on major cryptocurrency exchanges. In the last seven days, ReddCoin has traded 21.9% lower against the dollar.

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

• Dogecoin (DOGE) traded 4.3% higher against the dollar and now trades at $0.14 or 0.00000211 BTC.
• UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $6.11 or 0.00008936 BTC.
• Litecoin (LTC) traded 2.2% higher against the dollar and now trades at $75.15 or 0.00109991 BTC.
• Uniswap (UNI) traded 1% lower against the dollar and now trades at $7.35 or 0.00010751 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.
• Polymath (POLY) traded 24.5% lower against the dollar and now trades at $0.0593 or 0.00000087 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001459 BTC.
• WhiteCoin (XWC) traded up 1.1% against the dollar and now trades at $0.0143 or 0.00000021 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. 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 Reddit community for ReddCoin is https://reddit.com/r/reddcoin and the currency’s Github account can be viewed here. The official message board for ReddCoin 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.”

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. 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