What does Reddcoin have in store in the future for its investors? Could Reddcoin have another 30x rise in the span of three months?
In October Reddcoin was worth 1/10 of a cent which then went to 2.7 cents on January 6th. It has the potential to do another huge moon. Why did it moon in the first place? The reason Reddcoin was such a hit was because it involved Social Media. If you look at the investors into Reddcoin during that time, it was mainly the younger generation like myself. Purchasing Reddcoin in October was one of my first/best purchases ever made. The main reason I actually bought Reddcoin was due to the potential I saw that it could have towards the ads and the social media system.
There is no doubt that Social Media will be the future of everything. That is why in my opinion Reddcoin had an almost 30x moon! Yet the question is when can Reddcoin do the same thing again? When will it moon 30x again? Right now it is valued at 4/10 of a cent which means if went up 30x it would be worth 12 cents. That would mean it would have a market cap of 30 billion. In this current market cap that is impossible yet in a 3 or 4 trillion dollar market cap it is highly possible. In all honesty Reddcoin has the potential to overtake several coins and go into the top 10 on the charts. Over the next couple of years it could reach 10 cents or even 20 cents. Yet as of the current market cap it is more like it could reach 1 cent.