Rogue Station Companies Inc (OTCMKTS:RGST), which is also known as Everdime Inc, is one of the more innovative companies in the cryptocurrency space at this point in time. It is a cryptocurrency innovator and is currently looking into the possibility of using NFTs as well as tokens for monetizing social networks. The monetization is for both social media users and operators.
Market Stats
On Thursday, RGST stock moved up 13% to $0.13 with more than 18K shares, compared to its average volume of 5.4K shares. The stock moved within a range of $0.1154 – 0.1300 after opening trading at $0.1226.
Rogue Station Companies has also managed to create a wide range of applications that provide the ecosystem for generating these NFTs and tokens. Additionally, the ecosystem also provides the means by way of which users can buy, sell and trade tokens and NFTs. These are products that could well prove to be highly important in the long run as the cryptocurrency industry continues to evolve at a rapid rate.
While the work that is being done by Rogue Station Companies is innovative and interesting, there has not been much news about the company in recent times. The last time the company was in the news was back on July 6 when the company made an announcement with regards to the fact that it had reached an agreement to acquire Show Homes and all its intellectual property from Embell& Associates.
The transaction had been closed back on July 1, 2022, after the due diligence had been completed. It should be noted that the company did not have to dilute any shares for completing the transaction. As many as 5 million newly minted Everdime tokens had been used to complete the transaction.
Traders Corner
RGST stock is trading below the 20-Day and 50-Day Moving averages of $0.1229 and $0.1325 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.1839.
