Reddcoin (RDD) Coin Price Prediction – 2022, 2025, 2030
The world continues evolving as the blockchain continuously gets integrated into the everyday functions of the physical society to bring security, accountability, a better mode of communication, and even automation. It has proven to be an integral part of the modern digital world, and along with these worlds came a currency that represents them. One of these currencies is the ReddCoin (RDD).
The pandemic increased the influence of social media platforms from about 46% to more than 80% in our daily lives as more people find a better way of expression and connection. RDD served to tip out favorites on social media, whether it’s Instagram, Facebook, or Snap.
This article is based on deep research of the fundamentals of this token as we analyze their leading team, tokenomics, market liquidity, use case, and other technical factors that provide more insight into the future potential of Reddcoin.
What is ReddCoin (RDD)?
Reddcoin was launched in 2014 during the early days of blockchain technology. It was tagged as the “social currency” by Jonathan Patenaude, the original developer and the former CEO of the project. This currency grants the holders the ability to reward and tip content creators in social media with RDD tokens as they aim to empower creators to earn from the blockchain while boosting their engagement. However, the core founders resigned in 2015, and in November 2020, the core members of the Reddcoin project were Jay Laurence, John Nash, David Faust, and many volunteers. Jay Laurence, an IT consultant and professional, said that
trading and the speculative aspects have always been intentionally allowed to develop organically in our ecosystem, to help preserve the ‘utility’ classification and avoid any appearance of manipulation. As that manipulation happens in so many projects for obvious reasons, we’ve endeavored to avoid it as much as possible, and by doing so, distinguish our project and showcase the real value we have in RDD.
The project doesn’t have its social platform but features some products on sites like ReddBot, ReddCoin, ReddNetwork, ReddWallet, and ReddShare. They claim to be launching their mobile app soon to ease the transaction effort in the protocol. The other features include their unique mechanism called Proof-of-Stake-Velocity (PoSV). A concept that was created to reward the most active users of the token and also to be able to access the “coin age” of the token. It aims to make up for the deficiencies of the Proof-of-Stake consensus that allows hoarding. The most active users are granted the rights to governance in the network and equally given more staking rewards. The native token, RDD, is called a utility token because just by liking and commenting on someone’s post, users get a chance to tip content creators for their efforts. This propels the receiver to make more quality content.
The PoSV utilizes a NEM-like algorithm that solely depends on network velocity. The currency also has its wallet and blockchain known as ReddCoin Core.
The project has several identifying features. The Proof of Stake Velocity is a unique concept that they developed; it represents a NEM-like algorithm that values the “velocity” or usage of tokens, thus giving people who contribute the most by being active with their RDD the rights to govern the network. The network’s native token has the RDD ticker and is classified as a utility token, which absolves it of any threat of being called security. The currency has its blockchain and a wallet called ReddCoin Core. The users can link their wallets to their social media accounts. This large community has coined the name “ReddHeads” which keeps the momentum within the network going.
However, due to the number of volunteer developers on the network, a lot of redesigns have been made, which enhance their stability and scalability through social media platforms. With the app launch and many other features, the coin might be seeing a boost sometime in 2022.
ReddCoin’s Historical Price Analysis
From the charts, it can be seen that ReddCoin (RDD) didn’t see much action after 2018, when it reached an all-time high of $0.031, till 2021’s first-quarter crypto bull run, shooting up to a high of $0.013 on 22 April (about 1,757% rise) before the market reversal. It traded between $0.001 and $0.0035 for most of the second quarter in 2021, with little surges in prices. However, the value of RDD continued to decline since the beginning of 2022, from $0.00077 on 31st January to its current value at $0.0003609 on 17th June.
This coin functions on a deflationary model whereby 5% of the coin is burnt each year, but it continues to have an extremely low capitalization which we hope will change with their new additions in 2022.
Where can Reddcoin be traded?
You can trade Reddcoin (RDD) on StakeCube Exchange and CREX24. They’re still working on listings on major crypto exchanges.
Reddcoin (RDD) Technical Analysis
From the RDD chart, the price action could be seen to have reduced over time, thinning the candles as the time frame progresses. The RSI indicator shows that the coin is in a neutral position as a surge in price had earlier occurred. This means that the holders are trying to push the coin above the resistance level and might be a good investment for a short-term hold.
The MACD shows a tightening convergence after the first quarter of 2022. The price action visibly reduced and stayed below the tagged line to indicate some bearish outlook on the chart.
ReddCoin (RDD) Price Prediction/Forecast for 2022, 2023, 2024, 2025 and 2030
With the available Technical analysis and historical price overview of Reddcoin, we present a long-term insight into the growth potential of this coin. With the help of past price action and volume with artificial intelligence-aided analysis, the whole crypto world can see the benefit of having this coin in their investment portfolio.
For 2022, we expect the maximum price of $0.0011, which would increase the current trading price by 175%. Looking forward five years to 2027, our ReddCoin price prediction in the long term is that we expect a drop in price to $0.00070.WalletInvestor
Our ReddCoin price prediction for 2022 is $0.00052, and a ReddCoin price prediction for 2025 of $0.00075, rising incrementally to $0.001 by 2028. These figures represent a fairly conservative Reddcoin price prediction of 150% over six years.Digitalcoinprice
By December 2024, RDD price prediction point is $0.0064, an average 60% return against today’s exchange value.TradingBeasts
Very low, almost zero probability of RDD coin rising to a higher level again. The Pareto Distribution is a pervasive phenomenon observed in nature, and it describes the 80/20 rule where 80% of the women have sex with 20% of men. 80% of wealth belongs to 20% of the population. 80% of your results come from 20% of your activities. At least 80% of altcoins will fail and RDD seems to be in that group.CaptainAltcoin
RDD Price Prediction 2022
Bitcoin lows are being swept, which put a lot of altcoins in a precarious position. So, until Bitcoin reverses this bearish momentum, chances are that RDD would be going downwards. In 2022, the highest price of ReddCoin is projected to be $0.0004764. The minimum price that it is expected to reach is $0.0004032. ReddCoin average price forecast at the end of 2022 is predicted around $0.0004156. If played well, a good price turnover is expected within the range defined by the crypto market.
ReddCoin Price Prediction 2023
ReddCoin is forecasted to continue in its price range from the previous year, which will be interesting to traders. So, RDD is expected to reach $0.000743 by 2023, but this is with the condition that cooperation with financial institutions increases and regulations are controlled. If those conditions are in place, we expect an average price of $0.0006083 for 2023; it can beat the price trend to reach new highs. The price levels can be volatile as the crypto market is expected to see another bullish trend in 2023.
ReddCoin Price Prediction 2024
The prices of ReddCoin are forecasted to surge as more Innovations with other blockchain networks happen within their ecosystem in 2024. The maximum trading price may reach $0.002 in 2024. The price range levels are expected to be very trendy if we keep it that way. All things being equal, we predict an average trading price of $0.0008751 with a maximum price of $0.002 for 2024.
RDD Price Prediction 2025
This social currency is based on social media interactions and rewards, but they’re competitive fields, especially as ReddCoin has no platform of its own. That’ll give the coin a little hard time to keep up with the other cryptocurrencies. ReddCoin will stay at a low price for a very long time. By 2025, the RDD is expected to be worth a maximum value of $0.001. If the market gets bullish, the minimum price can go up to $0.00098. This is no too much movement.
RDD Price Prediction 2026
The Reddcoin website presents a great place to have a deeper insight into the roadmap the coin is laying out for its long-term progress. From analysis, the average forecast price has been put at $0.0015. It is essential to note that this coin has a low market capitalization which makes it highly volatile to the market mechanics. The maximum price is still expected to be at the the same price level.
ReddCoin Price Prediction 2027
The digital economy is still a field that is not yet been explored enough, and how far it can go is still debatable. However, the RDD ecosystem pride itself in giving rights to its users to make decisions within a protocol that is not synonymous with the real world. RDD is a token with many benefits that allow collaboration and innovations, which would be a factor that fosters its growth. The minimum price value at the beginning of the year is projected to be $0.002, with an average price of $0.002. In 2027, the maximum price level is put at $0.003.
ReddCoin (RDD) Price Prediction 2028
Depending on the conditions of the market and owing to expectations that the general financial market would make a big recovery as more and more innovations are made, ReddCoin (RDD) is expected to reach a new price level. So, by 2028 we expect an average price of 0.004. We also expect that the maximum price value would be $0.0054, which would head back down to previous levels afterward as expected after a bull run.
RDD Price Prediction 2029
More development is anticipated in the use of social media, which is the underlying factor behind the function of Reddcoin. The value of RDD is expected to increase as the integration of its currency and usage on other platforms increases. The RDD price prediction for 2029 is bullish. RDD is calculated to reach a maximum price level of $0.008. The chances of the future growth of this platform are still high because of the provisional utility. The predicted average is expected to rally between the ranges of $0.004 and $0.006 depending on the number of investors, and the minimum price value for 2029 is $0.0038.
ReddCoin Price Prediction 2030
The cryptocurrency market is known to be highly volatile most of the time, which is one of the main reasons why price forecasting gets harder with time. However, since RDD is a social currency that relies on social media boost and community drive, holders should expect more use cases to be rolled out. The maximum Reddcoin price in 2030 is projected to be $0.011 in the event of a bull run, with an average price level of $0.09. The pricing trend for Reddcoin is not expected to improve much over the years, even with the help of long-term investors.