Is this some sort of red algae or Gracilaria?

[chonsworth]

I think it's kinda neat/pretty and would like to nurture it into my new 70G setup; but want to make sure it's a friend not foe.
This is growing out from a plate coral frag plug. It's light pink.

 

[sixty_reefer]

Dictoya and a foe unfortunately.

 

[courtneykeeps]

I don't consider dictoya a foe, it just depends on your setup. Like any macroalgae, if you like it, keep it. Just keep it trimmed and watch your nitrates and phosphates if you end up with a lot of it.

 

[RosehipScapes]

Definitely a friend, looking forward to seeing it in your new big setup!