RDD - ReddCoin Price, Charts, All-Time High, Volume & Markets - In USD, EUR, CNY etc. | Nomics
1D
USD

ReddCoin (RDD)

RDD Price
$0.001334
18.75%
Market Cap
$39.80M
18.75%
Volume
$113,921
-27.46%
Transp. Vol.
<1%81.82%
Grade
B gradeB grade
Rank
#175

RDD / ReddCoin Price

(1 year)
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ReddCoin Daily Performance

Today's ReddCoin price is $0.001334, which is up 19% over the last 24 hours. ReddCoin's market cap is $39.80M. 24 hour RDD volume is $113,921. It has a market cap rank of 175 with a circulating supply of 29,839,375,668. ReddCoin is traded on exchanges. ReddCoin had an all-time high of $0.029372 almost 3 years ago. Over the last day, ReddCoin has had <1% transparent volume.

RDD Data Highlights
Market Cap
$39.80M
18.75%
Volume
$113,921
-27.46%
Transp. Vol.
$4.0000<1%81.82%
Transparency GradeB gradeB grade(Good)
Circulating Supply29,839,375,668
Max SupplyNone
7D Price Prediction
N/A

ReddCoin Statistics

Price

$0.001334
Price Change
$0.00021061 (18.75%)

All-Time High

$0.029372
Date of ATH1/6/2018
Days Since ATH1064
% of ATH4.54%
Price vs ATH

Market Cap

$39.80M
Mkt Cap Change
$6.29M$6,286,201 (18.75%)
Mkt Cap Rank175
Mkt Dominance<1%
Mkt Dominance

Volume

$113,921$113,921
Vol. Change
-$43,129-$43,129.28 (-27.46%)
Exchange VolumeUnknown

Transparent Volume

<1%
Transparent Volume (Δ)
81.82%
Transparent Volume
A - <1%
B - 69%
C - 8%
D - 23%
? - <1%

About ReddCoin

Reddcoin is a decentralized blockchain-based project, which has found its own way to become notable among other numerous cryptocurrencies. Reedcoin offers the services of social currency that improves people’s social presence and makes the digital currency more understandable and useful for people who are not deeply involved in the cryptocurrency world.

RDD as a social coin

Social media is a big business, and the better part of the adult population is its active participants. The evolution of social media platforms has been speedy, but there are some human activities that are not properly organized on those platforms. The reward for content is an example of this.

Now everyone may become a social media influencer and get paid for the content with the help of socialcoins such as RDD. ReddCoin creates a system of tipping with a peer-to-peer payment structure which enables sending and receiving money in RDD coins on social networks as a reward from readers without transaction fees. Looking forward, RDD is meant to substitute “likes” retaining the evaluation function.

How Reddcoin works

It is not difficult to start getting tips. If content creators want to turn their “likes”, “retweets”, and “hearts” into money, they need just to register with the ReddID browser extension and get a personal name linked to the wallet address. ReddID is a blockchain-based naming service that lets users connect their usernames with social network identities. And if you wish to stimulate your favorite author with coins, you are just to click the button “tip” under the post.

By contrast with basic social media that require the usage of their own platforms for sending or receiving money, Reddcoin allows integrating their payment functions simultaneously into a number of platforms such as Reddit, Twitch, Justin.tv, Twitter, etc. The project aims to partner with Facebook, Instagram, and YouTube as well.

It is also possible to use Reddcoin for purchasing items on websites and playing games, as well as for staking. If a user wishes to get passive income, he or she may set up the Reddcoin Core Wallet and upload some RDD to it. The wallet should be unlocked and connected to the network. Staking requires no minimum amount of RDD. The annual return is about 5%, and it is based on the initial investment. PoSV (Proof of Stake Velocity) algorithm used by the project transforms all stakeholders into miners automatically. Mining results depend both on ownership (stake) and activity (velocity).

RDD token details

The Reddcoin initial public coin offering took place on January 20, 2014, while the token was released on February 2, 2014. 5,45 billion Reddcoins were sold, and the team got 168.83 Bitcoins for the projects’ infrastructure development.

RDD is traded on several exchanges, such as Bittrex, Cryptopia, YoBit, etc. There are several ways to store coins. A user may take advantage of the official project’s wallet or the mobile Coinomi wallet. The official wallet is more profitable because its users get the reward if they store coins in it. But the process of its installation takes much time – up to two days. The wallet is available for Windows, Linux, and Macintosh.

The Reddcoin team

The Reddcoin team operates internationally, the team members live in Europe, North America, and Australia. According to LinkedIn, Reddcoin Solutions LLC is headquartered in Albuquerque, New Mexico. The project started in January 2014, but they officially introduced their team only in 2017.

Jay Laurence is the CEO/COO of Reddcoin. He is a Bitcoin SHA256 and Scrypt Miner, and he also has volunteer experience. John Nash is the CTO and Lead Developer. He lives in Sydney, Australia, and before starting at Reddcoin he was a Project Manager and Solutions Architect at Ooyala, a content supply chain platform.

The company continues looking for volunteers to join the team.

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ReddCoin Markets

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ReddCoin Historical Data

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Frequently Asked Questions

  • What’s the current ReddCoin price? How much is 1 ReddCoin worth?

    The price of 1 ReddCoin is $0.001334. Over the last 24 hours, a ReddCoin is worth 18.75% more. Go here to convert RDD prices to currencies other than USD.
  • When did ReddCoin start?

    The earliest trading data for ReddCoin is on February of 2014 (based on current exchange data).
  • How high can the ReddCoin price go?

    ReddCoin’s price has gone as high as $0.029372 (which is RDD’s all-time high). It achieved this price almost 3 years ago. Speculations abound for how high ReddCoin’s price will get in the future.

Today's RDD / ReddCoin News for December 5, 2020

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