What a bunch of scammers
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As of November 8, coins like the "MOON" that r/CryptoCurrency used for tips, premium features, and even voting shares will be removed from users' Vaults. Noticing this, the value of most Reddit-based coins took a nearly straight drop on Tuesday after Reddit's announcements. MOON was trading just over $0.20 at 1 pm Eastern, shortly before the announcement in its subreddit. Shortly before 3 pm, MOON had dropped just below $0.02, a loss of more than 85 percent, with fellow Reddit currencies BRICK (r/FortNiteBR) and DONUT (r/EthTrader) seeing similarly precipitous plunges.
That is the most dystopian paragraph I’ve ever read, I think.
https://www.coingecko.com/en/coins/moon
A week ago, the price jumped up 20%. Methinks someone learned that the end was near and decided to cash in/out.
There is nothing on Reddit that is not manipulated.