The ReddCoin price is currently $ 0.000888 with a 24-hour trading volume of $ 36,023 across 7 exchanges. The RDD price is down -8.43% in the last 24 hours. ReddCoin reached its highest price on January 7, 2018, when it was trading at its all-time high of $ 0.032417. It has a circulating supply of 28.81B RDD.

ReddCoin (RDD) is a social currency that was inspired by Reddit and the desire to be able to tip community members and send microtransactions. Because ReddCoin can be integrated easily with all major social networks, it’s ideal for sending digital currency to fellow users as a reward scheme for posting good content. The ReddCoin blockchain is powered by a method known as proof of stake velocity that encourages individuals to both acquire coins and to use them.

The cryptocurrency has its own tipping platform which can be used to support and reward content via micro-donations. There is also the ability to assign a Redd-ID to a social network username and to associate public keys with it. The ReddCoin wallet has a number of features built in that are designed to encourage users to spend the currency and transmit it to other users.