What is Reddcoin?
Reddcoin is a coin forked from Litecoin in 2014. It is an open source project maintained by 230 independent developers. Reddcoin uses Proof-of-Stake-Velocity (PoSV) consensus algorithm. It means nodes with higher ownership (stake) and activity (velocity) have better chance to find a new valid block.
The main purpose of Reddcoin was to substitute “Likes” of social networks with monetary tips. For this goal Reddcoin implementation is integrated with social networks and has to be simple to e. At the moment it is integrated with Twitter, Twitch, Reddit and Justin.TV. Another feature of the Reddcoin is simplicity of usage: all the blockchain implementation is hidden from ordinary user's eyes, and the only thing needs to be done is to do “like” pictures, videos or comments with Reddcoin.
Usage at the moment: you can tip other people posts or pay for in-app purchases in Freemium games.
Reddcoin News And Market Price Data
- Historical Data
- Is excessive bullish optimism behind Bitcoin’s drop below $60K?Cointelegraph.com News - 2 hours agoBitcoin’s futures premium hit its highest level in 5 months, but was this the primary reason for BTC’s fall below $60,000? Bitcoin (BTC) has a…
- Reactivated Ethereum pools trigger a 78% surge in THORChain priceCointelegraph.com News - 4 hours agoRUNE looks ready to extend its gains after the reactivation of ETH-based pools resulted in a 78% rally last week. Ealier this year THORChain underwent…
- Top 5 cryptocurrencies to watch this week: BTC, SOL, AVAX, ALGO, AXSCointelegraph.com News - 5 hours agoTraders are watching to see if BTC’s bounce of the 20-day moving average resumes the uptrend. Meanwhile, SOL, AVAX, ALGO and AXS are preparing for…
- Crypto in the crosshairs: US regulators eye the cryptocurrency sectorCointelegraph.com News - 7 hours agoU.S. regulators are looking at crypto-related areas, touching on financial regulation, economic innovation and national security. In her monthly Expert Take column, Selva Ozelli, an…
- Fear not, investor: Finding stability amid crypto market volatilityCointelegraph.com News - 9 hours agoVolatility in the crypto markets is here to stay. Thus, understanding the utility, necessity and long-term viability of projects is crucial. In a calendar year,…
Reddcoin Frequenty Asked Questions
Where does Reddcoin (RDD) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, Reddcoin currently ranks in position 508 out of the top 1000 cryptocurrencies. Another important factor in popularity is Reddcoin‘s market capitalization – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. Reddcoin has a market cap of $ 84,944,419, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 1,170,043,854,157, Litecoin at $ 13,305,466,943, Ethereum at $ 488,680,084,425, Tether at $ 70,646,165,979, and XRP at $ 51,229,671,305.
What is the price of Reddcoin (RDD) today (updated in realtime)?
The current price of Reddcoin is $ 0.002782 in USD. (The price in Euros is 0,002389 €; and the price in Bitcoin is Ƀ 0.00000004 BTC.)
How has Reddcoin (RDD) performed recently?
Reddcoin‘s price has increased in the last 24 hours by 12.02%. The change in price over the last seven days was 13.11%. The trading volume over the last 24 hours was $ 167,226. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds, and it is considered a good indicator of popular interest in the currency.
What is Reddcoin‘s (RDD) market supply?
The total circulating (available) supply of Reddcoin is 30,531,711,194 RDD. The total supply of Reddcoin is 0 RDD.
What is the 24 hour volume for Reddcoin (RDD)?
The 24 hour volume of Reddcoin is $ 167,226.
What is Reddcoin (RDD) official website?
Reddcoin‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
All Supported Currencies
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