The world is currently in an era of social media where retweets, upvotes, and likes are common in the everyday activities of individuals. People love to share memes that they see randomly on the internet. They love commenting on posts that are bad or good. They love making a lot of noise Telegram chat groups when there is a wonderful comment.
This is where Reddcoin comes into play, to monetize all these social media activities and give users on these platforms incentives to post original and more creative contents and get tipped in Reddcoin (RDD).
What is Reddcoin?
Reddcoin is a social media token which was created to be used on social media networks tip users for posting unique and creative contents. Presently, there is a bot for Reddcoin tip for Twitter, Reddit, and Telegram. Yon needs to register and join the platform of Reddcoin in these platforms to get the free RDD.
This is quite fascinating and it has the ability to create and motivate a community where online posts are more purpose-based and creative rather than all the bullying and hating evident on social media platforms. The added advantage is that user will be tipped in RDD for posting their content their social media pages.
Market Analysis of Reddcoin
The present market analysis puts the value of Reddcoin (RDD) at $0.0098, after a decrease of 8.9 percent in the last 24 hours. The digital currency is currently sitting at the 72nd position on CoinMarketCap.
The digital currency also has a circulating supply of about 29 billion. The almost transaction-less fees and high supply of the digital currency make it more ideal for use on social media networks. There are a lot of price speculations about the cryptocurrency, but they all depend on the adoption of the coin in more social media interactions.