Redd (CURRENCY:RDD) traded 1.7% higher against the US dollar during the twenty-four hour period ending at 16:00 PM E.T. on May 4th. In the last week, Redd has traded 14.2% higher against the US dollar. Redd has a market capitalization of $30.62 million and $498,877.00 worth of Redd was traded on exchanges in the last 24 hours. One Redd coin can now be purchased for about $0.0011 or 0.00000008 BTC on cryptocurrency exchanges.
Here’s how other cryptocurrencies have performed in the last 24 hours:
- Wrapped Bitcoin (WBTC) traded 5.1% lower against the dollar and now trades at $54,617.23 or 0.99920730 BTC.
- Cosmos (ATOM) traded down 3.2% against the dollar and now trades at $22.10 or 0.00040433 BTC.
- Creditcoin (CTC) traded 11.4% lower against the dollar and now trades at $5.55 or 0.00010162 BTC.
- Venus (XVS) traded down 13.4% against the dollar and now trades at $113.81 or 0.00208216 BTC.
- Function X (FX) traded 12.7% lower against the dollar and now trades at $0.78 or 0.00001430 BTC.
- Darwinia Network (RING) traded 11.6% lower against the dollar and now trades at $0.12 or 0.00000212 BTC.
- Phantasma (SOUL) traded 2.8% lower against the dollar and now trades at $0.48 or 0.00000870 BTC.
- mStable USD (MUSD) traded up 2.7% against the dollar and now trades at $1.04 or 0.00001897 BTC.
- StableXSwap (STAX) traded down 7.8% against the dollar and now trades at $2.58 or 0.00004714 BTC.
- Nestree (EGG) traded down 20.5% against the dollar and now trades at $0.0106 or 0.00000019 BTC.
Redd (CRYPTO:RDD) is a PoW/PoS coin that uses the Scrypt hashing algorithm. It launched on February 2nd, 2014. Redd’s total supply is 28,808,713,174 coins. The official message board for Redd is www.reddcointalk.org. Redd’s official website is www.reddcoin.com. Redd’s official Twitter account is @reddcoin.
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. “
Redd Coin Trading
It is usually not possible to buy alternative cryptocurrencies such as Redd directly using US dollars. Investors seeking to acquire Redd should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Redd using one of the exchanges listed above.
Receive News & Updates for Redd Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Redd and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.