ReddCoin (RDD) Price Down 45% Over Last 7 Days

ReddCoin (RDD) traded up 1.3% against the dollar during the twenty-four hour period ending at 12:00 PM Eastern on January 21st. ReddCoin has a total market cap of $1.85 million and approximately $73.42 worth of ReddCoin was traded on exchanges in the last 24 hours. One ReddCoin coin can currently be bought for $0.0001 or 0.00000000 BTC on popular exchanges. In the last seven days, ReddCoin has traded down 45% against the dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• Dogecoin (DOGE) traded 4.4% higher against the dollar and now trades at $0.38 or 0.00000360 BTC.
• Litecoin (LTC) traded up 1.3% against the dollar and now trades at $121.38 or 0.00115053 BTC.
• UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $9.71 or 0.00009206 BTC.
• Uniswap (UNI) traded 1.3% lower against the dollar and now trades at $13.63 or 0.00012923 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 9% lower against the dollar and now trades at $0.18 or 0.00000167 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $1.00 or 0.00000948 BTC.
• WhiteCoin (XWC) traded up 2.4% against the dollar and now trades at $0.0184 or 0.00000017 BTC.
• Lotto (LOTTO) traded down 2.1% against the dollar and now trades at $0.0005 or 0.00000002 BTC.

About ReddCoin

ReddCoin is a PoW/PoS coin that uses the Scrypt hashing algorithm. It launched 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 official website for ReddCoin 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. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here. The official message board for ReddCoin is www.reddcointalk.org.

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

RDD/USD price chart by TradingView