ReddCoin (RDD) Price Hits $0.0001 on Major Exchanges

ReddCoin (RDD) traded 62.6% lower against the dollar during the twenty-four hour period ending at 17:00 PM Eastern on October 16th. ReddCoin has a market cap of $1.59 million and approximately $38.41 worth of ReddCoin was traded on exchanges in the last 24 hours. During the last seven days, ReddCoin has traded 5.1% lower against the dollar. One ReddCoin coin can now be bought for about $0.0001 or 0.00000000 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Dogecoin (DOGE) traded 14.2% higher against the dollar and now trades at $0.13 or 0.00000190 BTC.
• UNUS SED LEO (LEO) traded up 0.3% against the dollar and now trades at $6.13 or 0.00009032 BTC.
• Litecoin (LTC) traded 2.2% higher against the dollar and now trades at $70.50 or 0.00103883 BTC.
• Uniswap (UNI) traded down 0.4% against the dollar and now trades at $7.68 or 0.00011320 BTC.
• NyanCoin (NYAN) traded 2.2% lower 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.
• Polymath (POLY) traded 30.6% lower against the dollar and now trades at $0.0564 or 0.00000083 BTC.
• dForce USD (USX) traded 0% higher against the dollar and now trades at $1.00 or 0.00001470 BTC.
• WhiteCoin (XWC) traded up 0.7% against the dollar and now trades at $0.0121 or 0.00000018 BTC.
• Lotto (LOTTO) traded 2.1% lower against the dollar and now trades at $0.0005 or 0.00000002 BTC.

ReddCoin Coin Profile

ReddCoin (RDD) 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 message board for ReddCoin is www.reddcointalk.org. 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.

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 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 Coinbase, Gemini or GDAX. 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