Reddcoin is trading at higher levels if compared to the past months. Like Dogecoin, RDD maintained higher levels ignoring the widespread selling activities in September. Like some of the hyped up blockchain projects in the market, which include the likes of Kin and Steemit, ReddCoin has monetized social media market, enabling users to earn revenue for socializing. ReddCoin, which rewards users for using its social media platform, can be accessed through its browser on any standard search engine. RDD serves as an intra-payment currency, where it can also be used to execute trades on external platforms.
As a social media currency, this crypto has made a special place in the community by tipping participants for publishing rewarding and meaningful content. ReddCoin, as is often compared to Steemit networking platform, is different from its peer in terms of the rewarding process as opposed to Steemit, RDD is developed for all popular social media channels, including Twitter, Facebook, Instagram, etc.
Market prediction for Reddcoin price
Reddcoin has a lot of advantages as a cryptocurrency. Forecasting the price of the cryptocurrencies is not a simple task as the market is volatile and the Reddcoin price may go up or go down in seconds. Yearly predictions are based on what the experts talk and how that coin is performing, along with major collaborations or partnerships. Let's check at some of those:
1 CoinLiker
As per CoinLiker, Reddcoin might reach $0.134922 by the end of 2020 and by the end of 2023, RDD might reach $0.732240. They even predicted that RDD price might reach go up by the end of the day(Reddcoin price prediction today).
2 Wallet Investor
As per wallet investor, Reddcoin might reach $0.0520 by the end of 2020. They even stated that RDD might reach $0.0116 by the end of 2023.
3 David Hay
David Hay approaches his subjects logically and pays attention to the things which have the potential to make a project a success. He predicted that Reddcoin “could reach $0.25 and stay at that level”.
4 Mega Crypto Price
Mega Crypto price is also a website that publishes the price forecasts of different cryptocurrencies. Similarly, it has predicted that RDD might reach $0.0381 by the end of 2020 and by 2023, RDD might go up and reach $0.197.
article source: https://coinswitch.co/news/reddcoin-price-prediction-2020-rdd-price-may-touch-0-01-usd-by-2020-end