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Prepare the Dip Base:
In a medium bowl, combine the softened cream cheese, sour cream, mayonnaise, and ranch dressing mix. Stir until smooth and well combined.
Add the Rotel:
Fold in the drained Rotel diced tomatoes with green chilies. Mix until evenly distributed.
Cheese It Up:
Stir in the shredded cheddar cheese. If you like it spicier, add hot sauce to taste.
Chill and Serve:
Refrigerate the dip for at least 30 minutes to allow the flavors to meld together.
Serve:
