ReddCoin Self Reported Market Cap Hits $1.65 Million (RDD)

ReddCoin (RDD) traded down 24.5% against the U.S. dollar during the 24 hour period ending at 16:00 PM Eastern on September 6th. One ReddCoin coin can now be bought for $0.0001 or 0.00000000 BTC on major exchanges. In the last week, ReddCoin has traded down 87.3% against the U.S. dollar. ReddCoin has a total market capitalization of $1.65 million and approximately $122.90 worth of ReddCoin was traded on exchanges in the last 24 hours.

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

• Dogecoin (DOGE) traded down 7.8% against the dollar and now trades at $0.0905 or 0.00000171 BTC.
• UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $5.50 or 0.00010371 BTC.
• Litecoin (LTC) traded down 5.4% against the dollar and now trades at $62.55 or 0.00117886 BTC.
• Uniswap (UNI) traded down 4.4% against the dollar and now trades at $6.02 or 0.00011339 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 17% lower against the dollar and now trades at $0.0854 or 0.00000161 BTC.
• dForce USD (USX) traded down 0.1% against the dollar and now trades at $1.00 or 0.00001882 BTC.
• WhiteCoin (XWC) traded 16.8% lower against the dollar and now trades at $0.0053 or 0.00000010 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 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 website for ReddCoin is www.reddcoin.com. 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.”

ReddCoin Coin Trading

It is usually not presently possible to buy alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to acquire ReddCoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ReddCoin using one of the exchanges listed above.

RDD/USD price chart by TradingView