ReddCoin (RDD) Self Reported Market Capitalization Reaches $2.85 Million

ReddCoin (RDD) traded down 29.3% against the US dollar during the 1-day period ending at 23:00 PM ET on March 28th. One ReddCoin coin can now be purchased for approximately $0.0001 or 0.00000000 BTC on major cryptocurrency exchanges. During the last week, ReddCoin has traded 2.1% lower against the US dollar. ReddCoin has a total market cap of $2.85 million and approximately $52.81 worth of ReddCoin was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed during the last day:

  • Dogecoin (DOGE) traded 8.2% higher against the dollar and now trades at $0.21 or 0.00000301 BTC.
  • Uniswap (UNI) traded 4% higher against the dollar and now trades at $12.71 or 0.00017984 BTC.
  • Litecoin (LTC) traded down 0.9% against the dollar and now trades at $93.70 or 0.00132587 BTC.
  • UNUS SED LEO (LEO) traded down 0% against the dollar and now trades at $6.06 or 0.00008570 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.
  • DEI (DEI) traded 2.1% lower against the dollar and now trades at $0.0203 or 0.00000029 BTC.
  • Polymath (POLY) traded 1.8% higher against the dollar and now trades at $0.0984 or 0.00000139 BTC.
  • dForce USD (USX) traded 0% higher against the dollar and now trades at $0.99 or 0.00001399 BTC.
  • WhiteCoin (XWC) traded up 4.2% against the dollar and now trades at $0.0201 or 0.00000028 BTC.

ReddCoin Coin Profile

ReddCoin (CRYPTO:RDD) is a PoW/PoS coin that uses the Scrypt hashing algorithm. Its launch date was February 2nd, 2014. ReddCoin’s total supply is 30,397,274,955 coins and its circulating supply is 30,399,022,287 coins. ReddCoin’s official Twitter account is @reddcoin and its Facebook page is accessible here. The Reddit community for ReddCoin is https://reddit.com/r/reddcoin and the currency’s Github account can be viewed here. ReddCoin’s official website is www.reddcoin.com. 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 currently possible to buy alternative cryptocurrencies such as ReddCoin directly using U.S. dollars. Investors seeking to trade ReddCoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy ReddCoin using one of the aforementioned exchanges.

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