Big news for a soon-to-be big coin.
RaiBlocks (XRB) is steamrolling the competition on the Binance Community Coin of the month. With only a few hours remaining it has almost twice as many votes as the second place coin. At the same time Kucoin has announced that it will also be adding RaiBlocks to its lineup.
What does this mean? Probably that RaiBlocks has some explosive growth on the quickly-approaching horizon.
Even when it was confined to three small exchanges it still managed to pull enough traction to enter the top 20 coins, with a market cap of around $3 billion. Now that it's becoming much more widely available it will almost certainly see a continuation of its dramatic rise.
At the time of writing it's in the process of integration at both exchanges, which means it might be the last call for anyone who wants to get on the train at one of the smaller exchanges before it hits the big time.
So far the prices have shown some dramatic drops as whales cash in their newfound earnings, but it looks like their coins have quickly been snapped up by eager buyers.
RaiBlocks is defined by its unique system of having a separate blockchain for each account and completely fee-free transactions, so it's not just a new currency for the big markets, but also a very different system to most of the ones that are currently out there.
I think it is crazy that there has been some blow back from the rise of RaiBlocks price. I have seen it called a pump and dump. The difference between this coin and others that we have seen rocket up the market cap list is that this coin is actually working now. We have seen things like TRON and EOS skyrocket based solely on promises of what they will be in the future. At the moment they are just Ethereum tokens and have no actual functionality. Also RaiBlocks is actually a very different approach to cryptocurrencies. Most other cryptocurrencis are just Bitcoin or Ethereum copies that have some code tweaks around them and have some functionality promises that could have also been added to existing blockchains.
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