ReddCoin (RDD) Trading Down 28.8% This Week

ReddCoin (RDD) traded down 34.1% against the dollar during the 24 hour period ending at 12:00 PM E.T. on February 10th. ReddCoin has a market cap of $1.70 million and approximately $74.06 worth of ReddCoin was traded on exchanges in the last 24 hours. In the last seven days, ReddCoin has traded down 28.8% against the dollar. One ReddCoin coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on popular cryptocurrency exchanges.

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

• Dogecoin (DOGE) traded down 0% against the dollar and now trades at $0.25 or 0.00000261 BTC.
• UNUS SED LEO (LEO) traded up 0.4% against the dollar and now trades at $9.86 or 0.00010131 BTC.
• Litecoin (LTC) traded 10.8% higher against the dollar and now trades at $120.17 or 0.00123464 BTC.
• Uniswap (UNI) traded 2% higher against the dollar and now trades at $9.48 or 0.00009738 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Polymath (POLY) traded down 0.3% against the dollar and now trades at $0.23 or 0.00000232 BTC.
• MegaCoin (MEC) traded 2.2% lower 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 0.00001025 BTC.
• WhiteCoin (XWC) traded 6.6% lower against the dollar and now trades at $0.0177 or 0.00000018 BTC.
• 42-coin (42) traded 28% higher against the dollar and now trades at $92,828.09 or 0.96490308 BTC.

About ReddCoin

ReddCoin (CRYPTO: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. 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. ReddCoin’s official website 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.”

Buying and Selling ReddCoin

It is usually not presently possible to buy alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to trade ReddCoin should first buy 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 buy ReddCoin using one of the aforementioned exchanges.

RDD/USD price chart by TradingView