### **What is ReddCoin (RDD)?**

ReddCoin is a cryptocurrency launched in **January 2014**, aimed at facilitating donation and reward transactions on social media platforms. The main idea behind ReddCoin is to make sending and receiving small payments (like likes or donations) easy and fast, especially within online communities and social media.

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### **Key features of ReddCoin before its listing on Binance**

1. **Technology:**

- ReddCoin initially relied on the **Proof of Stake Velocity (PoSV)** algorithm, which is a modified version of the Proof of Stake mechanism. This mechanism encourages users to hold coins and participate in securing the network.

- It was characterized by fast transactions and low costs, making it suitable for small payments.

2. **Usage:**

- Before being listed on Binance, ReddCoin primarily targeted online communities, such as bloggers, YouTube users, Twitch, and others, to enable them to receive small donations from their followers.

3. **Distribution:**

- ReddCoin was initially distributed through a traditional mining process (Proof of Work), then later transitioned to a PoSV mechanism.

4. **Market value:**

- Before being listed on major platforms like Binance, ReddCoin had a very low value, trading at fractions of a cent (less than $0.01). This reflects its small size in the market and lack of widespread adoption.

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### **Before being listed on Binance**

Before ReddCoin was listed on Binance (one of the largest trading platforms in the world), the currency was traded on smaller and less well-known platforms. Here are some important points:

1. **Low liquidity:**

- Liquidity was low due to its absence on major platforms, making it more difficult to buy and sell the currency.

2. **Limited demand:**

- The demand for the currency was relatively limited, as it targeted small and specific communities.

3. **Pricing:**

- The value of ReddCoin before its listing on Binance fluctuated between **$0.0001 and $0.001**, depending on supply and demand in smaller markets.

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### **After the listing on Binance**

When ReddCoin was listed on the Binance platform, several changes occurred:

1. **Increased liquidity:**

- The currency became easier to trade due to its presence on a large platform like Binance.

2. **Increased demand:**

- Demand for the currency increased due to the exposure and trust that comes with being listed on a reputable platform.

3. **Price increase:**

- Currencies typically experience a price increase after being listed on major platforms due to increased demand and interest.

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### **Summary**

Before ReddCoin was listed on Binance, it was a small currency with low value targeting specific communities. After the listing, its popularity and market value increased significantly. If you are looking for specific historical data, you can use sites like **CoinMarketCap** or **CoinGecko** to review ReddCoin prices over time.

#RED#REDSTONE#$meme

$RED

Bulish#CME