Reddit Tokens Take Tokens: What’s Behind the 700% Rise?

Social networking platform Reddit’s latest change to its terms of service has made two tokens take flight, causing spikes of up to 720%.

However, now that a Reddit user has changed the platform’s terms of service, Reddit community ratings and avatars sharing that it can be bought and sold created excitement among the community.

Reddit after sharing more than 6.5 million has the user r/CryptoCurrency community’s native token Moon (MOON) within two days to 360% rising close From $0.0906 to $0.321 reached.

A similar community token is r/FortNiteBR Bricks In the two-day period since the announcement of the news, 720% experiencing an increase from $0.00588 $0.03639 flew away.

Shared by the user and MOON’s unofficial quoted from social media in the shipment the following statements were made:

According to the new terms of service, you can earn, claim, buy, sell certain virtual avatars, products, currencies or cryptographically verifiable items. These were transactions that were not allowed under the previous terms of service.

In the post, the avatar and community scores were created by users on Reddit, the building block of sub-topics where discussions and conversations were organized. subreddits It is stated that it will be opened for use in

On the other hand, on the Reddit front, there is a report that the terms of service have changed or the usage areas of community points. No official statement yet.

According to CoinGecko data, MOON has been adopted by the community in the last 1 week. 213%if BRICK It rose 428%. BRICK at the time of writing from $0.035, MOON at $0.312 finds buyers.

BRICK decentralized exchange (DEX) RCP swap And SushiSwap MOONS while trading on MEXC, Gate.io as well as on centralized exchanges.


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