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Joe Parys Shared An Undervalued Altcoin With 100X Potential

The biggest trend for 2022 is going to be the metaverse. Joe Parys, an entrepreneur on cryptocurrency, has shared an undervalued hidden altcoin that is believed to have massive upside potential.

Ridotto (RDT)

Ridotto is cross-chain gambling and lottery protocol based on complete transparency, anonymity, security, and fairness. Our approach is to provide an open protocol driven by the community, where users can play, build, and even bankroll casino games, thus earning generous liquidity.

Ridotto’s overarching goal is to elevate the user to the role of “house,” thereby offering a fully scalable alternative to centralized online gambling.

Ridotto is trading at $0.306, down more than 8.93% at press time. In the private and public pre-sale, investors just received their first trench of tokens, and when these private and public pre-sellers receive their tokens, they take their profits. Those who got into the private sale only paid $0.042 per token, which means RDT has risen approximately 8x.

RDT 1 Day Chart Coinmarketcap

RDT 1 Day Chart | Source: Coinmarketcap

Ridotto’s market cap is only $2.6 million, and the price is sitting at minus 83.5% from its all-time high. The risk is so much greater, and the rewards can be so much greater.

Ridotto’s competitors

Ridotto has some competitors such as Wink had a 945 million dollars market cap, FunFair (FUN) had 447 million dollars,  Decentral Games (DG) had 70 million dollars and PoolTogether (POOL) had 35 million dollars. But Ridotto has things that a lot of these competitors don’t, such as cross-chain compatibility, farming for d5, an open platform and an entire games catalog.

Traders can buy RDT on UniSwap and PancakeSwap and you can also stake to earn some very nice profits just by holding this.

Ridotto’s use cases

Ridotto is going to be launching in the metaverse. This is going to be an all-immersive and creative gaming experience and Ridotto’s headquarters will launch in Q1 of 2022.

This will take gambling to a new level of freedom and excitement in the metaverse you’re going to be free from real-life casino limitations.

There will be real-time special events, including tournaments, sports betting, and more. You’ll be able to gamble on-chain with NFTs and in the metaverse and there will be team-based competitions in which gambling guilds can band together to face off for jackpot prizes.

Holders can stake it they are implementing NFTs and getting into the metaverse. Ridotto is the very first cross-chain gambling and lottery protocol. It is also built on Cardano.

Its protocol enables users to develop unique games on the platform. They will also have community governance.

Ridotto’s partnership

Ridotto has partnered with BakerySwap, GeroWallet, and more new partnerships. This is going to bring more gameplay and raise the need for NFTs and RDT, and if there are fewer RDT on the market, the price will tend to increase.

The team is fully docked. Ridotto has added new team members and continues innovating to bring Ridotto to more users and cryptocurrencies. They are also updating and will have a new website soon. They are very communicative and willing in this for the long run.

Price prediction

Ridotto is going back towards its all-time highs of $1.47 per token, and new tokens are not being released for another three months. This chart could recover in the short term.

RDT Chart

RDT Chart | Source: Coinmarketcap

In the most bullish case scenario, RDT is believed to gain literally a 10x. This is why Ridotto is an undervalued altcoin that crypto fans should consider.

Sign up for a Binance account here (Discount 10% trading fees): https://accounts.binance.com/en/register?ref=29171587

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