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The Case For Reddcoin (RDD) Is Growing Strong

There is no denying that we live in a world of social media where likes, upvotes and retweets are common in our day to day activities. We always love sharing memes discovered randomly on the net. We love commenting on all Reddit posts that are good or bad. We love making noise on Telegram when a comment is wonderful on a Telegram chat group. This is where Reddcoin (RDD) comes in to monetize all those activities and give users on all these social media platforms, an incentive to post more creative and original content with the prospect of being tipped in RDD.

Reddcoin is a social coin that was designed to be used over all these social media platforms to tip users for their unique content.Currently, there is a Reddcoin tip bot for Telegram, Reddit and Twitter. Querying the RDD Telegram tip bot lets me know that I have accumulated 34 RDD on the platform and at the moment of writing this. I am yet to amass any RDD tips via the RDD Twitter Tip Bot but I am sure I will with time. Crossing over to Reddit, the tip bot informs me that I need to register to claim the RDD tipped to me. I then need to use the +info command to find out my balance which currently stands at 10 RDD.

All this is amazing and has the potential of motivating a community where posts are more creative and purpose-based instead of all the ‘hating’ and ‘bullying’ evident on the web.

Current market analysis puts RDD at a price of $0.0098 and down 8.87% in 24 hours. The coin is ranked 72nd on coinmarketcap.com and has a circulating supply of 28.8 Billion. The high supply and almost zero transaction fees allows for the coin to be ideal for use on social media. There exists several price predictions for the coin but all of them depend on the adoption of the crypto in more social media interactions.

It is time to accelerate the adoption of Reddcoin (RDD) on social media.

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Today’s Double Digit Gainers: BitShares (BTS), Aelf (ELF), Cortex (CTXC) and QASH

The crypto markets are a bit in the Red this fine Monday morning. But this is not new. Bitcoin (BTC) has retreated by 1.89% to be trading at $9,246; Ethereum (ETH) is experiencing some sideways movement at $678; Ripple (XRP) has undergone a 4.26% decline and is trading at $0.84; Bitcoin Cash (BCH) and EOS are holding strong at $1,389 and $18.34 respectively, with the latter having declined by 15.74% in 24 hours.

But all is not lost for the crypto markets. Scrolling down the list on coinmarketcap.com, one can notice 4 cryptocurrencies doing double digit gains. These coins are not in the top 20 list, but are worth mentioning.

Bitshares (BSC): This coin is currently ranked #35 on coinmarketcap.com. BSC is currently doing 13.26% in 24 hour gains and is currently trading at $0.332 at the moment of writing this.

Bitshares prides itself as a platform where users share in a decentralized exchange. The developers also formed Cryptonomex that facilitates software development services to meet the growing demand for custom, high-performance, blockchains and related technology. With their proprietary Graphene based systems, Bitshares provides a toolkit for real-time blockchains. The project has been around since 2014 but seems to be gathering momentum this year.

Aelf (ELF): This token has been doing wonders in the markets since it appeared late last year. It is currently trading at $1.86 and up 11.81% in 24 hours. It is ranked number 55 on coinmarketcap.com.

The core principle of aelf is to deliver high performance decentralized cloud computing on the blockchain. The full nodes of the network run on cloud servers. Each smart contract on aelf runs on its own blockchain. Also, token holders are in control by providing governance for the platform.

Cortex (CTXC): This another relatively new token that was introduced into the markets this month and ranked 66th. It is currently valued at $2.15 and doing 15.93% in 24 hour gains.

Cortex’s main mission is to provide the state-of-the-art machines machine-learning models on the blockchain in which users can infer using smart contracts on the cortex blockchain. Cortex also envisions to implement Artificial Intelligence Decentralized Apps on its platform.

Qash (QASHappeared into the trading scene in November last year and has since climbed to the current value of $0.899 at the moment of writing this. This is an 11% gain in 24 hours. It is ranked 68th on coinmarketcap.com.

Qash is a token that is used as fuel for the services provided by the Quoine Liquid Platform. This platform is a single globally sourced trading platform with an associated suite of services that allow individuals to access the opportunities and wealth the new Crypto economy offers.

In conclusion, today’s double digit gainers have allowed us to learn more about other projects that are not in the top 20 coins and tokens. This can further be theorized that there are more gems in the form of coins and tokens, other than the famous ones we read and hear about on a daily basis.