Nxt (NXT) vs ReddCoin (RDD) Comparison

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On this page, you can compare Nxt (NXT) with ReddCoin (RDD). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.

Company

User rating

4.3 / 5 3 user reviews 3.8 / 5 4 user reviews

Cryptogeek rating

4.4 / 5 2.8 / 5

Trust Score

How it works
4.51 / 5 3.59 / 5

About

NXT is one of the early cryptocurrencies and was started in 2013. As the Jelurida project’s website states, it was the “first to rely entirely on the PoS protocol”. It is currently listed by the number of exchanges.
A social network digital coin, the ReddCoin (RDD) had forked from Litecoin as far back as in 2014. It is currently listed by a few exchanges with the possibility to buy the coin for fiat currencies. The ReddCoin blockchain “uses personalized IDs for social media tipping”.

Type

coin coin

Founding Date

2013 2014

Country

International No data

Languages

No data No data

Team

Public Public

Protocol

Public blockchain Public blockchain

Current price (USD)

0.0009 0.0001

All-time high (USD)

2.1600 0.0324

Price change (24h)

2.96 -0.05

Volume (24h)

0.00000 0.00000

Hashrate

No data No data

Max Supply

1000000000.00000 No data

Total supply

No data No data

Circulating Supply

998999927.93769 32821120526.88800

Transaction speed / Block time

12 70

Transaction fee

No data No data

Mining profitability

No data No data

Algorithm

PoS No data

Proof type

PoS/LPoS No data

Fully premined

No data No data

Smart contract address

No data No data

Total coins mined

1000000000.00000 No data

Is trading

yes No data

Block reward

0.000000000000 No data

Block time

60 No data
Company
User rating User rating 4.3 / 5 3 user reviews User rating 3.8 / 5 4 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 2.8 / 5
Trust Score How it works Trust Score 4.51 / 5 Trust Score 3.59 / 5
About
NXT is one of the early cryptocurrencies and was started in 2013. As the Jelurida project’s website states, it was the “first to rely entirely on the PoS protocol”. It is currently listed by the number of exchanges.
A social network digital coin, the ReddCoin (RDD) had forked from Litecoin as far back as in 2014. It is currently listed by a few exchanges with the possibility to buy the coin for fiat currencies. The ReddCoin blockchain “uses personalized IDs for social media tipping”.
Type Type coin Type coin
Founding Date Founding Date 2013 Founding Date 2014
Country Country International Country No data
Languages Languages No data Languages No data
Team Team Public Team Public
Protocol Protocol Public blockchain Protocol Public blockchain
Current price (USD) Current price (USD) 0.0009 Current price (USD) 0.0001
All-time high (USD) All-time high (USD) 2.1600 All-time high (USD) 0.0324
Price change (24h) Price change (24h) 2.96 Price change (24h) -0.05
Volume (24h) Volume (24h) 0.00000 Volume (24h) 0.00000
Hashrate Hashrate No data Hashrate No data
Max Supply Max Supply 1000000000.00000 Max Supply No data
Total supply Total supply No data Total supply No data
Circulating Supply Circulating Supply 998999927.93769 Circulating Supply 32821120526.88800
Transaction speed / Block time Transaction speed / Block time 12 Transaction speed / Block time 70
Transaction fee Transaction fee No data Transaction fee No data
Mining profitability Mining profitability medium Mining profitability low
Algorithm Algorithm PoS Algorithm No data
Proof type Proof type PoS/LPoS Proof type No data
Fully premined Fully premined No data Fully premined No data
Smart contract address Smart contract address No data Smart contract address No data
Total coins mined Total coins mined 1000000000.00000 Total coins mined No data
Is trading Is trading yes Is trading No data
Block reward Block reward 0.000000000000 Block reward No data
Block time Block time 60 Block time No data

Social

Website

www.jelurida.com reddcoin.com

Twitter

@nxtcommunity @reddcoin
Website Website www.jelurida.com Website reddcoin.com
Twitter Twitter @nxtcommunity Twitter @reddcoin

Advantages

Old and tested Built from scratch Unique features

Disadvantages

No backing No direct backing Small community

Rating

User rating User rating 4.3 / 5 3 user reviews User rating 3.8 / 5 4 user reviews
Cryptogeek rating Cryptogeek rating 4.4 / 5 Cryptogeek rating 2.8 / 5
Advantages Advantages Old and tested Built from scratch Advantages Unique features
Disadvantages Disadvantages No backing Disadvantages No direct backing Small community

Nxt (NXT) user rating is 4.3, based on 3 user reviews. ReddCoin (RDD) user rating is 3.8, based on 4 user reviews.

We also calculate the special Cryptogeek TrustScore based on the characteristics of each coin.

We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score?
Trust Score: 4.51 / 5 Write review
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Nxt (NXT) features

At the moment Nxt (NXT) price is 0.9. Its 24h volume is 0.0. 24h price change is 3.96.

Nxt (NXT) max supply is 1,000,000,000.0. The circulating supply is 998,999,928.93769.

Nxt (NXT) transaction speed/block time is 12. Block reward is 0.0.

At the moment the number of coins mined is 1,000,000,000.0. Mining profitability is medium.

Nxt (NXT) Cryptogeek user rating is 4.3, based on 3 user reviews.

ReddCoin (RDD) features

ReddCoin (RDD) price is 0.1. Its 24h volume is 0.0. 24h price change is 0.5.

The circulating supply is 32,821,120,527.888.

ReddCoin (RDD) transaction speed/block time is 70.

Mining profitability is low.

ReddCoin (RDD) Cryptogeek user rating is 3.8, based on 4 user reviews.

Some basic rules

When trading cryptocurrency, you should take into account the following rules:

Keep track of emotions

Put emotions aside and do not try to run after prices - the time will come and your token will go up. In a bull market, each asset has its finest hour.

Beware of hype

Transparency in the cryptocurrency market is a scarce commodity. Be on the lookout for everything you hear critically, and think about the possible reasons for the newsmaker before spreading the news.

Study the topic yourself, taking into account other people's opinions. Take the news critically. People name different reasons for the recent decline in the cryptocurrency market - these are :baseCompany futures, the Chinese New Year, the loss of interest in :baseCompany, and the downside game by large players ... However, it is possible that the whole thing is false news.

Don't be taken in by false news

An important lesson: do not believe the news, study the topic yourself.

Apply investments diversification strategy and risk management

Diversification is one of the oldest and most important concepts for an investor. Here's how to do it.

  1. Low risk, high market capitalization: 40% of your portfolio. These are the safest and most stable investments, 10 leading tokens. Popular options: :baseCompany, :compareCompany, Neo, and so on. These tokens most likely have a great future, and in the event of market volatility, they will be least affected.
  2. An average risk, average market capitalization: 30% of the portfolio. These are promising and developing projects with great growth potential from the top 50. Popular options: VeChain (VEN), ICON (ICX), Omisego (OMG), and so on.
  3. High risk, low market capitalization: 30% of the portfolio. Here we are talking about active trading and highly profitable instruments, and constant attention is required. This category may include, for example, Red Pulse (RPX) and Internet Node Token (INT).

Lesson: never put all your eggs in one basket.

Do not store tokens on exchanges

Lesson: while tokens are stored on the exchange, do not consider them as yours.

On this page, you can compare Nxt (NXT) with ReddCoin (RDD). Which coin is better to buy now? What will be the better investment?

You can read more about cryptocurrency investment strategies in this article. Some additional rules you can also find here. Finally, you can read about the top 10 trading mistakes leading to failure in this article.