ReddCoin Trading Down 8.6% This Week (RDD)

ReddCoin (RDD) traded down 83.5% against the U.S. dollar during the 24-hour period ending at 13:00 PM E.T. on December 15th. ReddCoin has a market capitalization of $1.61 million and $107.53 worth of ReddCoin was traded on exchanges in the last day. One ReddCoin coin can now be bought for approximately $0.0000 or 0.00000000 BTC on exchanges. During the last week, ReddCoin has traded 8.6% lower against the U.S. dollar.

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

• Dogecoin (DOGE) traded 2% lower against the dollar and now trades at $0.13 or 0.00000152 BTC.
• UNUS SED LEO (LEO) traded 0.5% higher against the dollar and now trades at $9.30 or 0.00010613 BTC.
• Litecoin (LTC) traded 0.1% lower against the dollar and now trades at $79.20 or 0.00090432 BTC.
• Uniswap (UNI) traded 3% lower against the dollar and now trades at $5.22 or 0.00005959 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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 down 24.2% against the dollar and now trades at $0.0326 or 0.00000037 BTC.
• WhiteCoin (XWC) traded down 0% against the dollar and now trades at $0.0092 or 0.00000011 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 33,159,403,342 coins and its circulating supply is 33,838,925,910 coins. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here. 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 message board is medium.com/tag/reddcoin.

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 presently possible to purchase alternative cryptocurrencies such as ReddCoin directly using US dollars. Investors seeking to acquire ReddCoin should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ReddCoin using one of the exchanges listed above.

RDD/USD price chart by TradingView