Moons (MOON), the native token of Reddit’s r/CryptoCurrency group of over 6.5 million customers, has chalked up a triple-digit share worth acquire this week. One analyst cited Reddit’s current change by way of service as a attainable motive for the spectacular worth rally, which has seen MOON’s worth has surging 170% to nearly 25 cents from 9 cents, in accordance with knowledge tracked by Coingecko. The cryptocurrency is listed on SushiSwap, Gate.io and MEXC. Moons are ERC-20 tokens distributed as rewards to customers for his or her posts or feedback within the r/CryptoCurrency subreddit. The cash might be freely traded, tipped, or spent in the neighborhood for various functions. The tokens will also be saved in Reddit’s Ethereum-based pockets, referred to as Vault. The Bricks (BRICK) token, distributed as a reward for contributions within the r/Fortnite subreddit, has surged 300% in two days.
