Reddit Update Rocked These Two Altcoins!

According to the news of Coindesk, the popular discussion platform redditA recent change in terms of service has caused some altcoins to experience huge increases.

Native token of Reddit’s r/CryptoCurrency community of over 6.5 million users Moons (MOON) and Bricks (BRICK) attracted the attention of users.

Accordingly, Reddit has made a change to allow trading of Reddit’s tokenized community points.

Prior to this change, Reddit was offering virtual currencies and rewards that were subject to certain restrictions that users could buy with fiat money and were prohibited from selling outside of the social media site.

These restrictions of Reddit MOON and BRICK This was also true for community tokens. However, the latest update to Reddit’s terms of service has removed the restrictions on community points i.e. MOON and BRICK.

With the recent change in this regard, Reddit’s explicit permission to trade tokenized Community Points has resulted in the rise of Reddit tokens MOON and BRICK.

What is MOON and BRICK?

As a reward for users who participate in the r/CryptoCurrency subreddit for their posts and comments MOON These tokens can then be used to purchase premium features in the subreddit.

Users can tip these tokens or spend them for other purposes in the community, and Reddit’s Vault Ethereum they can also store it in their wallet.

outside the MOON Bricks The token is also distributed as a reward. Accordingly, BRICK is distributed as a reward for users’ comments and posts to the r/Fortnite subreddit.

According to data from CoinGecko, BRICK It has increased by about 300% in the last two days and reached the limit of $ 0.040, but BRICK, which has experienced a slight pullback, is at $ 0.035 at the time of writing.

Again, in the last two days, there has been an increase of approximately 150%. MOON, it went up to $ 0.34. At the time of writing, MOON continues to trade at $0.3284.

*Not investment advice.