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ReddCoin (RDD): A Dollar Price Goal For HODLing

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RDD has shown some astonishing results in the past couple of days, going up for 60%. So, in case you are always on the lookout for “small” coins that could potentially make up for a great investment, then it is surely recommended that you take a closer look at ReddCoin. Here is everything you need to know about ReddCoin and its latest progress.

A Little about RDD

ReddCoin or RDD is otherwise known as the social currency and a cryptocurrency that cares about the “regular guys”. In this idea lies a massive potential to get crypto-based transactions to the mainstream waters of social media. It is estimated that there are a couple of billion users on Facebook alone and if you add more users that are regulars on Twitter and other social media platforms you get a massive targeted audience that you can attract with great and realistic offers, which is just what ReddCoin has been up to.

The main idea behind RDD is to get more people to start using decentralized platforms and blockchain-based currencies. That way more and more people could potentially reduce the costs of their transactions and take advantage of the fact that they can send money globally in a pretty short time without third parties getting involved.

ReddCoin is thus aiming at making payments more rewarding and more fun for everyone as you would be able to send payments via your social network accounts in only a couple of clicks.

ReddCoin is going up

Although ReddCoin is not trading at its all-time high at this moment, RDD’s price has been pretty stable. When you add the fact that the majority of currencies were dropping last week, you could say that ReddCoin was doing pretty well.

Currently, thanks to the last rise in its price that went up to a bit over 4% against the dollar, ReddCoin is now being traded at the price of 0.010$ per one unit. This is pretty close to its all-time high, and in case RDD would continue to grow at the same pace, it could easily get back to dealing at 0.03$ and probably over the initial price.

On February 20th, ReddCoin was marked as the currency with the greatest trading volume during the period of 24 hours.

After the announcement that ReddCoin started to trade on one of Korea’s biggest exchange markets, it seems that RDD started to go up consequently. Also, you may easily presume that the implementation of Proof of Stake model that occurred about two months ago could also affect the price positively.

All in all, it seems that things are looking pretty good for ReddCoin for now. In case you were planning on investing in ReddCoin, the right time for buying RDD would probably be now. It can easily happen that if RDD would continue to grow at the same pace as now, this currency could soon reach the goal of dealing with a dollar per one unit. RDD managed to grow by 60% over a short period of time, so it is presumable that this coin could reach a dollar price within a couple of years. This makes RDD the perfect coin to HODL.

We will be updating our subscribers as soon as we know more. For the latest updates on RDD, sign up below!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency.

Image courtesy of coinmarketcap.com

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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