Market Capitalization$30.62 million
Coin or TokenCoin
Official Website (Alt)N/A
Message Board (Alt)N/A
Redd (RDD) Frequently Asked Questions
What is Redd?
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. (Description provided by CryptoCompare)
How do I buy Redd?
It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Redd.
What do investment analysts think about Redd?
Weiss Research, an investment research firm that rates cryptocurrencies, has given Redd an overall rating of "D", a technology and adoption rating of "D", and a market performance rating of "D".
Where can I get Redd wallet?
Redd produces its own wallet software that is available for download on its website, which allows you to store Redd on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Redd?
One Redd (RDD) is currently worth $0.00 on major cryptocurrency exchanges. You can also exchange one Redd for 0.00000008 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Redd in U.S. dollars is $30.62 million.
What hashing algorithm does Redd use?
Redd is a proof of work (PoW) and proof of stake (PoS) coin that uses the Scrypt algorithm.
How do I mine Redd?
Redd and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.
What coins are similar to Redd?
The following coins use Redd's Scrypt algorithm and proof of work (PoW) and proof of stake (PoS) proof-type: Wrapped Bitcoin, Cosmos, Creditcoin, Venus, Function X, Darwinia Network, mStable USD, Phantasma, StableXSwap, DAOstack, Nestree, Offshift, ChatCoin, ToaCoin and OKCash.
MarketBeat Community Rating for Redd (RDD)MarketBeat's community ratings are surveys of what our community members think about Redd and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
Redd (RDD) Price Chart for Tuesday, May, 18, 2021
Redd (RDD) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Redd. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Redd Coin" over the last 90 days.
Redd (RDD) Website Traffic
Redd (RDD) Social Media Trends
Redd (RDD) News Headlines