The world of cryptocurrency was in for a treat when Kraken, one of the most popular cryptocurrency exchanges, announced the listing of Reddit’s community tokens, Moons (MOON) and Bricks (BRICK).
Reddit Tokens MOON and BRICK Skyrocket After Kraken Listing: A New Era for Community Rewards
On August 7, Kraken ignited the crypto market with the inclusion of MOON and BRICK for spot and futures trading. What ensued was nothing short of a rally, with MOON leaping 45% and BRICK surging 88% within 24 hours.
Not only does this enable trading in USD and EUR pairs, but it also paves the way for potential integration with the Kraken App and Instant Buy feature, subject to market conditions and liquidity.
The Power of Community: MOON and BRICK
These tokens aren’t just digital assets; they symbolize the strength of the community on Reddit. Moons are the beating heart of r/CryptoCurrency, a community of over 6.5 million enthusiasts, while Bricks fuel the vibrant gaming subreddit r/FortniteBR.
Rewards for high-quality content, MOON, and BRICK have now found a new home on Kraken, only deposited through Arbitrum Nova, adding a new dimension to community engagement.
A Surprise Move: Crypto.com Joins the Party
While Kraken’s support was subtly hinted at, leading to anticipation among Redditors, the exchange wasn’t alone in embracing the tokens. Crypto.com, not one to be left behind, also extended its support for MOON shortly after Kraken’s announcement.
A Milestone for Community-Driven Tokens
The listing of Reddit’s MOON and BRICK tokens on Kraken marks a significant milestone in recognizing the value of community-driven initiatives in the crypto space. With impressive gains and broadening accessibility, these tokens are more than just a trend; they are a testament to the power of collaboration and innovation.
Keep an eye on the horizon as this exciting chapter unfolds, with community tokens like MOON and BRICK carving their niche in the ever-evolving world of digital assets.
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