ReddCoin Trading 24.4% Higher This Week (RDD)

ReddCoin (RDD) traded 3.6% lower against the US dollar during the one day period ending at 12:00 PM Eastern on February 14th. ReddCoin has a total market cap of $2.93 million and approximately $931.07 worth of ReddCoin was traded on exchanges in the last day. Over the last week, ReddCoin has traded 24.4% higher against the US dollar. One ReddCoin coin can currently be bought for about $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed over the last day:

• Dogecoin (DOGE) traded 7.3% higher against the dollar and now trades at $0.28 or 0.00000283 BTC.
• Litecoin (LTC) traded up 3.4% against the dollar and now trades at $127.38 or 0.00130852 BTC.
• UNUS SED LEO (LEO) traded up 0.5% against the dollar and now trades at $9.82 or 0.00010087 BTC.
• Uniswap (UNI) traded up 5.8% against the dollar and now trades at $10.14 or 0.00010416 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded 0.4% higher against the dollar and now trades at $0.22 or 0.00000230 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• dForce USD (USX) traded up 0% against the dollar and now trades at $1.00 or 0.00001029 BTC.
• WhiteCoin (XWC) traded 3.2% lower against the dollar and now trades at $0.0178 or 0.00000018 BTC.

ReddCoin Profile

ReddCoin (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. 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. 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 purchase alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to trade ReddCoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase ReddCoin using one of the aforementioned exchanges.

RDD/USD price chart by TradingView