Rate That Crypto ($RTC) and Dogecoin ($DOGE) are some of the largest cryptocurrencies currently being discussed throughout numerous social media channels and crypto-oriented communities.
From their appeal as fun-oriented cryptocurrencies to the value each project provides, there’s a lot to talk about for each project genuinely.
Today, we will dive deeply into cryptocurrencies and their corresponding projects to see what all the hype is truly about.
We will discuss each project, why it has value, and what the future is looking like ahead of it, so let’s dive in.
Rate That Crypto ($RTC) and The Buzz Surrounding it
Rate That Crypto is a mobile-first platform. It aims to enable each user to earn cryptocurrency by accurately predicting the price direction of a specific cryptocurrency.
All players begin with 1,000 points at the beginning of every season. They can choose to stake some or all of the points based on their risk tolerance.
In other words, each user using the app can stake points and place a short-term prediction of a bullish or a bearish outcome.
If the prediction is correct, they gain the number of points staked; if it is incorrect, they lose their points. The minimum amount of points that can be staked is 100, and there is no maximum.
Each player ranks up the leaderboard based on their performance and can earn the native cryptocurrency behind the platform, $RTC.
Once each month ends, players that accumulate the most points are distributed a proportion of the overall prize pools. The minimum amount of $RTC required to access a higher valued pool is 2,5000 $RTC tokens. There are numerous systems implemented which can aid in growing the price pool fund as the user base grows alongside it.
This gamification of price predictions surrounding the value and price fluctuations behind cryptocurrencies is what has driven and will continue to drive buzz surrounding Rate That Crypto ($RTC) moving forward.
$RTC as a token will also be periodically burnt, which means it will be a deflationary token. VIP members can stake the token. As a result, gain access to a random $RTC draw and revenue distribution system.
Dogecoin ($DOGE) and The Buzz Surrounding it
Dogecoin ($DOGE), on the other hand, is the oldest “meme coin” on the cryptocurrency market.
It was released on December 6, 2013, with the primary objective of making the cryptocurrency space a lot less serious and enabling a simple entry point for newcomers in the space. It’s a mineable cryptocurrency; however, due to its cheap cost, and cheap transaction fees, it has seen a high level of utility for making online transactions, much more than Bitcoin ($BTC), which is far more expensive and has much higher fees.
The value and overall buzz behind $DOGE come from its community, which is highly enthusiastic about the project. This vast community has heavily utilised this cryptocurrency as a form of payment or a tipping mechanism across social media channels. The future growth of $DOGE will likely be due to its simplicity, ease of use, and accessibility.
What Cryptocurrency Should You Invest In?
Both cryptocurrencies have pros and reasons as to why they should be a part of anyone’s cryptocurrency portfolio.
$DOGE has been on the crypto market for quite a while and has established a solid reputation, community, and following throughout various social media channels. $RTC, on the other hand, has introduced something new and unique. Its points system and leaderboards will generally pave the way for future investors due to its price prediction system. This is where players can predict if the future of a specific coin or token will be bearish or bullish; this is what drives its value forward.
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Presale Website: www.ratethatcrypto.com
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