Bitcoin While it continues its horizontal movements at the level of $ 36,500 before the inflation data from the USA, some altcoins It draws attention with the tremendous rises it has experienced.
One of these altcoins is Reddit token Moons (MOON) happened.
As you may remember, Reddit announced in October that it would close its nearly three-year-old blockchain-based Community Points program on November 8. This news MOON and other Reddit tokens Bricks (BRICK) and Donuts (DONUT) caused it to experience major declines.
However MOON, has increased by more than 170% in the last 24 hours. According to Coindesk, behind this rise was the news that some community moderators came together to revive the project and continue it independently.
MOON community moderator account u/CryptoMods said in a statement: “We have received a solid response and are excited to begin building the future of Moons together as a community. “At this point, we are planning a series of developments that can add value to MOON tokens in the coming months.” said.
MOON price, which is currently actively traded on the cryptocurrency exchange Kraken and the decentralized exchange SushiSwap CoinMarketCap According to data, it increased by approximately 170% in the last 24 hours. MOON At the time of writing, it continues to be traded at $ 0.1413.
*This is not investment advice.
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