Reddcoin (RDD) Coin Price Prediction – 2022, 2025, 2030
Reddcoin (RDD) Overview
|💱 Ticker Symbol||RDD|
|💸 Market Cap||$10,339,762|
|🚀 Trading Volume||$5,806|
|📈 Price Change (24h)||-28.95%|
|💰 Current Supply||30,397,274,955|
- Bullish Reddcoin (RDD) price predictions range between $0.001531 and $0.003334 by 2030.
- Market analysts believe RDD could reach $0.001531 by 2025.
- Bearish Reddcoin market price prediction for 2022 is $0.000272.
Reddcoin (RDD) Introduction
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.
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) Current Price
Reddcoin is currently worth $0.00034 USD. RDD has moved -28.95% in the last 24 hours with a trading volume of $5,806. Reddcoin is currently ranked 773 amongst all cryptocurrencies with a market capitalization of $10,339,762 USD.
Utilizing the relative strength index (RSI), moving weighted average (MWA), williams fractal (fractal) and moving average convergence divergence (MACD) from the chart above, we can determine price patterns for Reddcoin (RDD) to decide wether it is going to have a bullish or bearish year.
ReddCoin (RDD) Price Predictions
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.
|Year||Minimum Price||Average Price||Maximum Price|
Our price prediction forecasts use real-time Reddcoin (RDD) market data and all data is updated live on our website. This allows us to provide dynamic price predictions based on current market activity.
Reddcoin (RDD) Price Prediction 2022
Reddcoin, according to some, is one of the most amazing cryptocurrencies to rise this year (RDD). The RDD price forecast for 2022 anticipates a significant increase in the year’s second half, possibly reaching $0.00051.
As with other cryptocurrencies, the rise will be gradual, but no considerable drops are expected. Averaging $0.000476 in price is quite ambitious, but it is feasible in the near future given anticipated collaborations and advancements. RDD is expected to have a minimum value of $0.000408.
Reddcoin (RDD) Price Prediction 2023
In 2023, Reddcoin RDD price prediction has much room for expansion. As a result of the potential announcements of numerous new partnerships and initiatives, we anticipate that the price of RDD will soon surpass $0.00085. However, we should wait to see if the RDD’s relative strength index comes out of the oversold zone before placing any bullish bets.
Considering the market volatility, RDD will trade with a minimum trading price of $0.00068 and an average trading price of $0.000748.
Reddcoin (RDD) Price Prediction 2024
If the upward trend continues until 2024, it could reach $0.001191 and RDD may profit. If the market experiences a decline, the goal may not be met. RDD is expected to trade at an average price of $0.001088 and a low of $0.00102 in 2024.
Reddcoin (RDD) Price Prediction 2025
If Reddcoin successfully boosts market sentiment among cryptocurrency enthusiasts, the RDD coin price could remain stable for the next five years.
According to our projections, RDD will be green in 2025. The RDD is expected to reach and surpass its all-time high in 2025. In 2025, the virtual currency will be worth $0.001531, with a minimum price of $0.001361 and an average price of $0.001429.
Reddcoin (RDD) Price Prediction 2026
After some extensive forecasting and technical analysis, we estimate the RDD price is expected to cross an average price level of $0.001769 by 2026, with a minimum price of $0.001701 expected before the end of the year. Furthermore, RDD has a maximum price value of $0.001871.
Reddcoin (RDD) Price Prediction 2027
Due to the future partnerships that are expected to happen by 2027, we are expecting that a bullish trend will continue, bringing the average price to around $0.002109. If RDD manages to break the resistant level in 2027, we could see a maximum price of $0.002211, failing to gather the support RDD needs by 2027 could result in a low of $0.002041.
Reddcoin (RDD) Price Prediction 2028
While RDD is striving towards interoperability between networks to hasten interaction, the bullish trend from the previous year is expected to continue. So the minimum trade price has been placed at $0.002381 and a yearly price close above $0.002551 in 2028.
Reddcoin (RDD) Price Prediction 2029
By 2029, Reddcoin will finally surpass its previous ATH values and record new price levels. The minimum price could be $0.002721 and potentially reach a maximum price value of $0.002891, averaging out at $0.002789.
Reddcoin (RDD) Price Prediction 2030
The cryptocurrency market is known to be highly volatile which is one of the many reasons why price forecasting is a difficult task. BitcoinWisdom tries our best to forecast future price points with precision, however all predictions should not be taken as financial advice and you should DYOR (do your own research). In 2030, we are expecting cryptocurrency to have gained adoption across many sectors. As such, the maximum RDD price in 2030 is projected to be $0.003334 in the event of a bull run, with an average price level of $0.003197.
Where to buy Reddcoin (RDD)
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What is the Reddcoin (RDD) price today?
Today, Reddcoin (RDD) is trading at $0.00034 with a total market capitalization of $10,339,762.
Is Reddcoin a good investment?
Reddcoin proved to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that RDD is a good choice of investment.
How high can Reddcoin go?
The average price of Reddcoin (RDD) can possibly reach $0.000476 this year. Over the next 5 years, it is projected that Reddcoin may surpass $0.002211.
How much will Reddcoin be worth in 5 years?
Based on the rising popularity of cryptocurrency and Reddcoin, a long term investment in RDD could see the price rise to $0.002211 within the next 5 years.
How much will Reddcoin be worth in 10 years?
If you invest in Reddcoin today, as with any investment, a long term increase is expected. The price of RDD could possibly rise to $0.00398 within the next 10 years.
What will the Reddcoin price be in 2023?
Reddcoin (RDD) price is expected to reach $0.00085 by 2023.
What will the Reddcoin price be in 2024?
Reddcoin (RDD) price is expected to reach $0.001191 by 2024.
What will the Reddcoin price be in 2025?
Reddcoin (RDD) price is expected to reach $0.001531 by 2025.
What will the Reddcoin price be in 2026?
Reddcoin (RDD) price is expected to reach $0.001871 by 2026.
What will the Reddcoin price be in 2027?
Reddcoin (RDD) price is expected to reach $0.002211 by 2027.
What will the Reddcoin price be in 2028?
Reddcoin (RDD) price is expected to reach $0.002551 by 2028.
What will the Reddcoin price be in 2029?
Reddcoin (RDD) price is expected to reach $0.002891 by 2029.
What will the Reddcoin price be in 2030?
Reddcoin (RDD) price is expected to reach $0.003334 by 2030.