ReddCoin (RDD) Price Tops $0.0002 on Exchanges

ReddCoin (RDD) traded 63.6% higher against the dollar during the 24-hour period ending at 8:00 AM ET on May 17th. One ReddCoin coin can currently be bought for $0.0002 or 0.00000000 BTC on popular cryptocurrency exchanges. ReddCoin has a total market cap of $5.45 million and $37.59 worth of ReddCoin was traded on exchanges in the last 24 hours. During the last week, ReddCoin has traded 75.3% higher against the dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Dogecoin (DOGE) traded down 2.1% against the dollar and now trades at $0.15 or 0.00000229 BTC.
• Litecoin (LTC) traded up 0.9% against the dollar and now trades at $82.97 or 0.00125220 BTC.
• UNUS SED LEO (LEO) traded 2.1% lower against the dollar and now trades at $5.85 or 0.00008826 BTC.
• Uniswap (UNI) traded 0.9% higher against the dollar and now trades at $7.38 or 0.00011134 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.
• DEI (DEI) traded down 3.5% against the dollar and now trades at $0.0192 or 0.00000029 BTC.
• Polymath (POLY) traded 27.8% higher against the dollar and now trades at $0.12 or 0.00000183 BTC.
• dForce USD (USX) traded 0.1% higher against the dollar and now trades at $0.98 or 0.00001474 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Coin Profile

ReddCoin is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its launch date was 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 official message board for ReddCoin is www.reddcointalk.org. ReddCoin’s official website 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.

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

RDD/USD price chart by TradingView