ReddCoin Price Hits $0.0001 (RDD)

ReddCoin (RDD) traded 7% lower against the dollar during the 24-hour period ending at 23:00 PM Eastern on April 26th. One ReddCoin coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on exchanges. ReddCoin has a total market cap of $3.14 million and $365.58 worth of ReddCoin was traded on exchanges in the last day. Over the last seven days, ReddCoin has traded 13.6% lower against the dollar.

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

  • Dogecoin (DOGE) traded down 3.2% against the dollar and now trades at $0.15 or 0.00000232 BTC.
  • Litecoin (LTC) traded up 3.4% against the dollar and now trades at $87.74 or 0.00139099 BTC.
  • UNUS SED LEO (LEO) traded 0.6% higher against the dollar and now trades at $5.79 or 0.00009172 BTC.
  • Uniswap (UNI) traded 3.3% lower against the dollar and now trades at $7.63 or 0.00012091 BTC.
  • NyanCoin (NYAN) traded down 2.2% 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 7.8% lower against the dollar and now trades at $0.0191 or 0.00000030 BTC.
  • Polymath (POLY) traded down 17% against the dollar and now trades at $0.0840 or 0.00000133 BTC.
  • dForce USD (USX) traded 0.3% lower against the dollar and now trades at $0.98 or 0.00001557 BTC.
  • Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Coin Profile

RDD 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 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. The official message board for ReddCoin is www.reddcointalk.org. 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.”

ReddCoin Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as ReddCoin directly using US dollars. Investors seeking to trade ReddCoin should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ReddCoin using one of the aforementioned exchanges.

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