Reddcoin or Redcoin? Always use the 3 letter code

in #crypocurrency • 7 years ago

Reddcoin (RDD) has seen an almost 350% gain in price at its peak yesterday. For those who don't know what it is, in a nutshell it's a coin that can be used to tip people on any social media platform. Similar to Steem's invite except you need to own the coins.

Redcoin (RED) is a coin that is centralised and in a nutshell used mainly as a wager for online gambling sites. Kind of like casino chips.

These are completely different coins.

Looking at the top gains for yesterday I noticed that RED also had a massive spike in price and my suspicions are that people thought they were buying Reddcoin (RDD).

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IMG_20171222_064630_965.jpg

I just thought it was hilarious and wanted to share and also remind people to check the 3letter code.

#bitcoin #altcoin
7 years ago in #crypocurrency by
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