ReddCoin Price Up 6.1% This Week (RDD)

ReddCoin (RDD) traded up 13.4% against the dollar during the 24-hour period ending at 14:00 PM ET on June 10th. ReddCoin has a market capitalization of $1.62 million and $133.13 worth of ReddCoin was traded on exchanges in the last day. Over the last seven days, ReddCoin has traded 6.1% higher against the dollar. One ReddCoin coin can now be purchased for $0.0000 or 0.00000000 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed over the last day:

• Dogecoin (DOGE) traded up 1.9% against the dollar and now trades at $0.19 or 0.00000176 BTC.
• UNUS SED LEO (LEO) traded 3.8% lower against the dollar and now trades at $8.89 or 0.00008174 BTC.
• Litecoin (LTC) traded up 2.2% against the dollar and now trades at $90.83 or 0.00083553 BTC.
• Uniswap (UNI) traded up 24% against the dollar and now trades at $8.18 or 0.00007526 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• MegaCoin (MEC) traded down 2.2% against the dollar and now trades at $4.30 or 0.00015776 BTC.
• Polymath (POLY) traded 5.3% lower against the dollar and now trades at $0.10 or 0.00000094 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $1.00 or 0.00000914 BTC.
• WhiteCoin (XWC) traded 0.8% higher against the dollar and now trades at $0.0098 or 0.00000009 BTC.
• 42-coin (42) traded 0.6% higher against the dollar and now trades at $139,353.01 or 1.28184999 BTC.

ReddCoin Coin Profile

ReddCoin 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 33,395,075,368 coins. The Reddit community for ReddCoin is https://reddit.com/r/reddcoin and the currency’s Github account can be viewed here. ReddCoin’s official message board is medium.com/tag/reddcoin. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here. The official website for ReddCoin is www.reddcoin.com.

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ReddCoin using one of the exchanges listed above.

RDD/USD price chart by TradingView