Reddit, the content aggregation and discussion platform, has caused controversy by phasing out its virtual currency, Reddit coins. This move has led to speculation about the platform's intentions, including the possibility of Reddit adopting its own cryptocurrency or digital currency system.
Despite this, the value of MOON, a crypto earned by participating in the r/CryptoCurrency subreddit, has spiked by 75% on Monday, leaving room for further speculation. MOON is already a popular ERC-20 token within the subreddit, and its use could extend to rewarding users for participation in other aspects of the platform.
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