ReddCoin Trading 35.5% Lower Over Last Week (RDD)

ReddCoin (RDD) traded down 15.3% against the US dollar during the twenty-four hour period ending at 19:00 PM ET on May 12th. One ReddCoin coin can now be purchased for approximately $0.0003 or 0.00000001 BTC on popular cryptocurrency exchanges. ReddCoin has a total market cap of $10.00 million and $77,102.00 worth of ReddCoin was traded on exchanges in the last 24 hours. Over the last seven days, ReddCoin has traded 35.5% lower against the US dollar.

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

  • Wrapped Bitcoin (WBTC) traded 1% lower against the dollar and now trades at $28,549.21 or 0.99833932 BTC.
  • Cosmos (ATOM) traded 13.6% lower against the dollar and now trades at $9.25 or 0.00032356 BTC.
  • Safe (SAFE) traded 0.4% higher against the dollar and now trades at $33.35 or 0.00116638 BTC.
  • Dash (DASH) traded 8.6% lower against the dollar and now trades at $53.46 or 0.00186961 BTC.
  • Techpay Coin (TPC) traded down 7.7% against the dollar and now trades at $0.28 or 0.00000981 BTC.
  • Decred (DCR) traded down 9.6% against the dollar and now trades at $30.80 or 0.00107719 BTC.
  • Compound (COMP) traded 16% lower against the dollar and now trades at $59.55 or 0.00208232 BTC.
  • Secret (SCRT) traded down 17.4% against the dollar and now trades at $1.76 or 0.00006144 BTC.
  • Astar (ASTR) traded 5.8% lower against the dollar and now trades at $0.0619 or 0.00000216 BTC.
  • Immutable X (IMX) traded down 10.8% against the dollar and now trades at $0.76 or 0.00002655 BTC.

About ReddCoin

RDD is a PoW/PoS coin that uses the ProofofStakeVelocity hashing algorithm. It was first traded on January 26th, 2014. ReddCoin’s total supply is 30,397,274,955 coins. The Reddit community for ReddCoin is /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. The official website for ReddCoin 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. “

ReddCoin Coin Trading

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

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