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    Reddcoin

    RDD

    Rank #2187

    $0.0001075

    -11.024%
    24H Low$0.0001067
    $0.000122724H High
    24H Volume
    $1370.64
    All-Time High(ATH)
    $0.03056
    All-Time Low(ATL)
    $0.000007290
    Market Cap
    $3.34 M
    Fully Diluted Valuation
    $2.74 M
    Market Cap/FDV
    122.02%
    Circulating Supply
    31.09 B RDD
    Total Supply
    -- RDD
    Max Supply
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Reddcoin (RDD) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    +0.29%
    24H
    $--
    -11.02%
    7D
    $--
    +7.06%
    30D
    $--
    +4.32%
    1Y
    $--
    -43.49%

    Credibility Indicators

    61.72

    Reliability Score

    Rank #1

    # 3619

    Percentile

    TOP 30%

    Live Reddcoin (RDD) Price Update

    Reddcoin price today is $0.0001075 with a 24-hour trading volume of $1370.64, and as such Reddcoin has a market cap of $3.34 M, giving it a market dominance of %. The Reddcoin price moved -11.02% in the last 24 hours.

    Reddcoin reached its highest price on 2018-01-06 when it was trading at its all-time high of $0.03056, while its lowest price was recorded on 2015-05-16 when it was trading at its all-time low of $0.000007290. The current lowest price since the last cycle high was $0.000007290, and the highest price since the last cycle low was $0.03056. The social sentiment of Reddcoin is currently Positive.

    The current circulating supply of Reddcoin is $31.09 B RDD. In terms of market cap, Reddcoin is currently ranked 2187.

    About Reddcoin (RDD)

    Launched in 2014 as a fork of Litecoin, Reddcoin (RDD) is a decentralized cryptocurrency used to tip or send payments for social content. The Reddcoin API supports social platforms such as Reddit, Twitter, and Twitch. Accounts created on the Reddcoin wallet can be linked to Twitter, Twitch, and Reddit accounts. Upon downloading the ReddID browser extension, users can “like” content by entering the username and sending a micropayment. RDD is mined by the ReddID wallet through Proof-of-Stake-Velocity (PoSV), which incentivizes both ownership (stake) and activity (velocity).

    FAQs

    1. What determines the price movement of Reddcoin?

    There are two schools of thought in determining the price of Reddcoin.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Reddcoin, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Reddcoin from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Reddcoin on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Reddcoin as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Reddcoin and the cryptocurrency market as a whole.

    Reddcoin Tokenomics

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    Reddcoin Analysis

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