Reddcoin (RDD) is a virtual coin that allows making an interchange between peer-to-peer nodes without any centralization. The goal of the Reddcoin developers is to make cryptocurrencies accessible and simple to comprehend and deal with for the general public through a social platform. This open-source crypto is based on the popular Litecoin. The first information about the startup was published on January 20, 2014, on the BitcoinTalk.org forum. The ICO was held to raise funding that would allow Reddcoin to become the world’s first virtual coin integrated into a social community.
The goal of this social program is to be able to directly switch to other social media from the Reddcoin interface and send and receive virtual currencies without any trouble. The main idea of the Reddcoin concept is to “reward” content sent by users by transferring Reddcoin to them.
The founders of the Reddcoin project created a full-fledged social currency. The ultimate idea is to launch an ecosystem that facilitates the process of increasing user activity. Earned coins can be exchanged for fiat, spent to buy goods, in the games. The Reddcoin platform meets the needs of users, developers, and businessmen. The service expands the range of applications for the internal currency if compared to classic site credits.
In the Blockchain community, the idea of the potential integration of digital coins into social networks continues to be a hot topic. The launch of Reddcoin is the first real step towards creating a financial incentive to publish interesting content for earning from their activity. The project incorporates all popular services into a sole ecosystem, allowing to leave behind the payment services with a limited set of features.
Social media is a consolidating core with a multimillion-US dollar target audience. User accounts serve to distribute and share information. The Reddcoin platform introduces an effective system for encouraging useful content generators. The startup promotes the implementation of Blockchain technology in international leading and known social networks.
In spite of the limitless potential of the startup Reddcoin, the rate of the coin has never jumped above $0.4. Today`s price is observably lower than one cent. However, Reddcoin is a non-standard cryptocurrency launched to upgrade social platforms and to succeed in the promotion of this sphere, rather than for exchange speculation. By comparison, while RDD is struggling to get close to 1 cent, according to Theta Price Prediction, Theta coin is targeting the mark of $10 in 3 years period.
As of November 4, the rate of Reddcoin is equal to 0.0003506 USD. As stated by CoinArbitrageBot at the end of 2025 RDD rate could easily drop to 0.009179 USD. CyptoPredictions estimates that at the beginning of 2025, the mean RDD value will amount to $0.000679164593073. TradingBeasts` Reddcoin price prediction has an optimistic mood for the ongoing 3 years, valuing ReddCoin at $0.001434 by the completion of 2025. WalletInvestor agrees with the positive forecast and foresees, in turn, $0.002573 for the same period. In a different light, the PricePrediction team is more despairing as their forecast for ReddCoin value by January 2026 is only $0.001065.
Reddcoin rates may noticeably step up if the project founders manage to conclude new partnership agreements with the giants of the social media market. The eventual integration into the multimillion services of Instagram and Facebook will also trigger the formation of a long-term uptrend of Reddcoin. Experienced investors, who have a gut feeling are beginning to buy Reddcoin.