Unable to load image

reddit rugpulls cryptocels by discontinuing MOONs cryptocurrency, MOONs tank by 85%, thirdworld shitposters seethe that they cant make "money" by posting emojis anymore

https://old.reddit.com/r/CryptoCurrency/comments/17a33ql/serious_sunsetting_community_points_beta_and?sort=controversial

i dont actually care about this shit so i dont care to do the due diligence to learn the jargon or whatnot, but the tldr is that reddit had an official blockchain token that was paid to posters based on their involvement in subreddits, and theyre discontinuing it. some third worlders like venezuelans were "earning" several dollars per day by shitposting in /r/cryptocurrency and farming these shitcoins by getting upvotes, but now thats over because theyre no longer being issued and theres no plan to use them for anything. as such, the price has tanked by 85% in the past day, and the tokens are likely to go to $0 because who the frick wants these things?

oh also, there were several wallets that sold significant numbers of MOON either slightly before or right around the linked post, leading many r-slurs to speculate that the mod team of /r/cryptocurrency was privy to this announcement before it went public and sold at a higher price than the poors could. theres also a few wallets that have been speculated to belong to kraken that are feeding another wallet that is selling MOONs off in batches of 500 at a time, likely trying to liquidate the millions of them owned without instantly cratering the price to $0.

extra sneed and feed to be found:

/r/CryptoCurrencyMoons

/r/ethtrader

lol even the fardnide sub is affected

https://old.reddit.com/r/FortNiteBR/comments/17a34ss/sunsetting_community_points_beta_and_special?sort=controversial

funne maymays and schadenfreude:

https://old.reddit.com/r/Buttcoin/comments/17ad742/must_see_spez_does_a_funny_comment_meltdown?sort=controversial

https://old.reddit.com/r/Buttcoin/comments/17a419i/so_moons_just_got_rugged?sort=controversial

74
Jump in the discussion.

No email address required.

This is the first time I'm learning that reddit had its own shitcoin.

Jump in the discussion.

No email address required.

Link copied to clipboard
Action successful!
Error, please refresh the page and try again.