Contrary to the supposed plans of Reddit, cryptocurrency investors have created a system to trade the social network "group points", crypto for fiat which has turned out to shocking market capitalization.
Some months ago, Reddit released that they would start issuing ERC20 gift coins amongst clients on crypto and Fortnite subgroups. The crypto coins are issued based on the customer's contributions to their subreddits.
Those holding MOON can now exchange the crypto coins by changing them to xMOON through xmoon.exchange and can also change xMOONs to xDAI through Honey Swap.
The firm's cryptocurrency group crypto coin is presently exchanging at $0.088 value of xDAI on Honey Swap.
It has been reported that over 30 septillion MOONs have been issued to about 7,750 wallets, which means the crypto coin's market capitalization is about $2.65 septillion.
Source: Cointelegraph
