ReddCoin Trading Down 71.9% This Week (RDD)

ReddCoin (RDD) traded 190.1% higher against the dollar during the 1-day period ending at 13:00 PM Eastern on January 17th. One ReddCoin coin can currently be bought for $0.0002 or 0.00000000 BTC on cryptocurrency exchanges. During the last seven days, ReddCoin has traded down 71.9% against the dollar. ReddCoin has a total market cap of $7.46 million and approximately $86.50 worth of ReddCoin was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Dogecoin (DOGE) traded up 6.4% against the dollar and now trades at $0.41 or 0.00000395 BTC.
• Litecoin (LTC) traded up 5.6% against the dollar and now trades at $136.66 or 0.00130886 BTC.
• UNUS SED LEO (LEO) traded up 0.9% against the dollar and now trades at $9.73 or 0.00009322 BTC.
• Uniswap (UNI) traded 2.3% higher against the dollar and now trades at $14.78 or 0.00014156 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded up 10.3% against the dollar and now trades at $0.20 or 0.00000193 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• WhiteCoin (XWC) traded 2.6% lower against the dollar and now trades at $0.0221 or 0.00000021 BTC.
• dForce USD (USX) traded 0% lower against the dollar and now trades at $0.99 or 0.00000967 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Profile

ReddCoin (CRYPTO:RDD) is a PoW/PoS coin that uses the Scrypt hashing algorithm. It was first traded 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. ReddCoin’s official message board 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 presently possible to buy alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to acquire ReddCoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ReddCoin using one of the exchanges listed above.

RDD/USD price chart by TradingView