Reddit

Steve

Foundation

<ul> 
 <li>CMC reports that the trading price of a token is $0.48, up 67% in the last 24 hours.</li> 
 <li>Most Reddit users are particularly optimistic because of the magnitude of Crypto.com.</li> 
</ul> 
Reddit users’ native token, Moons, has seen a meteoric rise in value after being listed on the crypto exchange Crypto.com. CMC reports that the trading price of a token is $0.48, up 67% in the last 24 hours. On Monday, <a href="https://thenewscrypto.com/altcoin-news-kraken-listing-rumors-drive-reddit-moons-token-up-72/" target="_blank" rel="noopener noreferrer nofollow">after hearing</a> that Kraken, a cryptocurrency exchange, was contemplating listing Moons, the price rose remarkably. 
<figure class="wp-block-image size-full"> 
 <img decoding="async" width="661" height="356" src="https://thenewscrypto.com/wp-content/uploads/2023/07/MOON_1D_graph_coinmarketcap.png" alt="" class="wp-image-79094" srcset="https://thenewscrypto.com/wp-content/uploads/2023/07/MOON_1D_graph_coinmarketcap.png 661w, https://thenewscrypto.com/wp-content/uploads/2023/07/MOON_1D_graph_coinmarketcap-300x162.png 300w, https://thenewscrypto.com/wp-content/uploads/2023/07/MOON_1D_graph_coinmarketcap-150x81.png 150w" sizes="(max-width: 661px) 100vw, 661px"> 
</figure> 
Most Reddit users are particularly optimistic because of the magnitude of <a href="http://crypto.com" target="_blank" rel="noopener noreferrer nofollow">Crypto.com</a>, despite the fact that it is joining a number of other exchanges that currently offer the coin (such as MEXC, Gate.io, SushiSwap, and RCP Swap). 
<h3 class="wp-block-heading" id="h-huge-boost-for-the-exchange">Huge Boost for the Exchange</h3> 
The approximately 6.5 million subscribers of the cryptocurrency subreddit (r/Cryptocurrency) are in an uproar after today’s inclusion. It is now highly possible that these millions of users to rush to Crypto.com. 
In 2020, the Reddit team created a community points system using an ERC-20 token Reddit Moons on the blockchain platform Arbitrum Nova. These tokens are used for tipping other users in the r/Cryptocurrency subreddit and are awarded to individuals depending on their involvement in that community.&nbsp; A user’s Moons are kept in their Vault, Reddit’s <a href="https://thenewscrypto.com/blockchain-news-vitalik-buterin-explores-ethereums-account-abstraction-challenges/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a>-based digital wallet that was released to the whole community last year. 
There was speculation in the media yesterday that <a href="http://kraken.com" target="_blank" rel="noopener noreferrer nofollow">Kraken</a> could list Moons on its platform; however, the exchange has now denied any such plans. 
Over the years, Reddit has emerged as a significant hub for proponents of digital assets. It was co-founded by Steve Huffman and Alexis Ohanian in 2005; Ohanian left the firm in 2020 to become a prominent figure in the crypto and NFT sector. 
Highlighted Crypto News Today: 
<a href="https://thenewscrypto.com/arkham-foundation-launches-on-chain-intel-exchange/" target="_blank" rel="noopener noreferrer nofollow">With Airdrop Arkham Foundation Launches World’s First On-Chain Intel Exchange</a>

Reddit’s Moon Token Surges 67% as Crypto.com Announces Listing

Table of Contents

TheNewsCrypto

Egyéb ezen a dátumon (2023. júl. 19.) megosztott cikkek

Crypto Market Analysis for H1 According to CoinMarketCap

Shareholders Sue Marathon Digital CEO for Breach of Duties

XRP Surges to Frontline in Altcoin Showdown, Leaving Bitcoin Behind

Introducing GEN111: a Space tech powered utility token on BSC

Is Dogecoin Over For Elon Musk? What Traders Need to Know!

Ubisoft Joins Cronos Blockchain Ecosystem as Node Validator $CRO

Join our free newsletter for daily crypto updates!