ReddCoin Self Reported Market Capitalization Achieves $1.32 Million (RDD)

ReddCoin (RDD) traded down 52.8% against the dollar during the 24-hour period ending at 12:00 PM E.T. on March 26th. ReddCoin has a market capitalization of $1.32 million and $6.80 worth of ReddCoin was traded on exchanges in the last 24 hours. Over the last week, ReddCoin has traded down 29.8% against the dollar. One ReddCoin coin can now be bought for about $0.0000 or 0.00000000 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Dogecoin (DOGE) traded 3.9% higher against the dollar and now trades at $0.20 or 0.00000227 BTC.
• UNUS SED LEO (LEO) traded up 0.3% against the dollar and now trades at $9.80 or 0.00011283 BTC.
• Litecoin (LTC) traded 0.3% higher against the dollar and now trades at $93.39 or 0.00107538 BTC.
• Uniswap (UNI) traded down 1.6% against the dollar and now trades at $6.85 or 0.00007888 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded 1.6% higher against the dollar and now trades at $0.32 or 0.00000364 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001149 BTC.
• WhiteCoin (XWC) traded 0% higher against the dollar and now trades at $0.0145 or 0.00000017 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 33,159,403,342 coins and its circulating supply is 33,227,988,570 coins. The official message board for ReddCoin 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. ReddCoin’s official website 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.”

Buying and Selling ReddCoin

It is usually not presently 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, GDAX 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