Read this article from crypto mining blog.
X21S algorithm is getting popular - other coins are adopting it.
X21S algorithm has been introduced by Ritocoin team.

https://cryptomining-blog.com/11084-pigeoncoin-pgn-forking-to-x21s-algorithm-on-october-15th/

Come to mine Ritocoin!
Great community project for GPU miners!
No nicehash, FPGAs or ASICs.

https://whattomine.com/coins/319-rito-x21s

$50 for your coin? what is this the next top coin in the world? with an unknown team, with a shitty whitepaper that does not explain anything?

On escodex currently 135 btc volume over 24 hours, buy orders at at 0.28 btc? is this a joke? whoever invests in this coin now basically cant sell it. Its all wash trading. I have monitored it and the real trades are not happening at all. The team has all the coins and they are generating rest with the masternodes. They are trying to sell these coins to people without any crypto knowledge.

Do not trust. Look at the real numbers.

For the newbies over here. I forgot to explain to you the pre-mine. They have 360,000 coins now. Currently circulating supply is 408,670 coins. Which means they have 360,000/408,670 = 88% of the coins are owned by the developers. Plus if they setup their masternodes (from the pre-mine coins) they have probably 99% of all the coins now. The explorer does not show the pre-mine coins address. How is that? Do you want to invest into something like this? SO basically they owe 99% of the $22m market cap. How is that possible to make $22m in one month? They can just keep selling you the coins and then vanish!

DO NOT TRUST THESE TYPE OF PROJECTS!!!!!!

I guarantee you will lose money if you invest in this coin. What do they have? a standard website, team is not shown, graphics look terrible, whitepaper is 16 pages long that doesn't explain anything and mostly its images. I have been banned from the discord channel for no good reason. They show 0.1% premine. Do this calculation guys, 360,000 coins for pre mine. 100% for masternode rewards. These guys can generate all the coins from their pre mine. Who has $53k at this point to invest into a msetrnode for this shitty project? All I can see, these guys are getting rewards from the masternodes and selling their coins. They are pumping the price up so it looks good for the investors. Total scam project!!! The coins is priced at $52 now, they barely started and their market cap is worth almost $22m? This is BS. Also do the calculation all 360,000,000 coins x $52 is almost $2 billion. These guys will never be worth this much. Top coins have this type of market cap.

DO NOT FALL FOR THIS SHIT!

Told you guys this shitty coin is going to drop. I was kicked out of the discord when I was laughing at the price at $15 per coin! Today this thing is worth $0.80 per coin and it will keep on dropping. Never invest in a project where there is a masternode pre-sale. Also when the project moves so quickly, its listed in many exchanges especially crypto bridge and then coin market cap, plus masternode websites. Means someone already started a project before and they know how to make money on newbies. Stop falling for this stuff guys. If you keep doing it they will keep doing the same thing. All they want is your btc, then the price falls and they will be gone with your btc laughing.

This coin is definitely over priced. I mentioned this on their discord channel and I was banned. I learned from my previous experience never invest in a coin where the team is unknown and there is a master node pre-sale. Lets have the community pay for everything! This coins price will definitely get a hit very soon. I Guarantee it!

This is the way I see it. If you are a POW (Proof-of-work) coin, your main goal should be attracting miners. You mention that you are looking for serious investors (masternode 50,000 coins) and I consider myself a serious investor but for a POW coin. I think you have something mixed up over here, you have a good project which started really well. Now its going down, less hash rate and trading volume going down. Like I said before you dont attract miners at all. With this mentality you should be a coin with stats like this Masternode 85% and POS 15%. Now you give shitty rewards to miners and you cut percentage for masternode holders. New miners are not coming and for POW coin this wont work. I dont see this project succeeding with this arrangement.

This coin will never attract miners. I do not understand the mentality over here. I have invested about $30k in equipment with few of my friends and it would almost take us one full year to mine enough coins for a masternode. This is ridiculous. Who has time to invest one full year into one project that can fail anytime. I have been watching this project for some time and I see the hash rate is going down everyday. And I do not wonder at all why. Obvious. 

Why does this Chinese pool beepool.org has only 480 miners and half of the network hash rate? This is ridiculous. How can standard GPUs have so much hash rate. Are these ASICs running x22i algorithm?