Reddit MOON’s Price Jump 400%, Here’s Why

Reddit MOON’s Price Jump 400%, Here’s Why

Reddit made a small but essential change to their terms of service this week that had a significant impact on the platform’s MOON cryptocurrency. MOONs, the community token for the r/cryptocurrency subreddit, skyrocketed over 200% in value after Reddit updated its terms to officially allow community points to be traded.
MOON Price Pumps After Reddit Updates Terms Of Service
According to a post on Twitter, the terms of service (ToS) of Reddit have had interesting changes for a clear separation between virtual goods (web2) and verified virtual goods (web3).
Interesting changes to Reddit TOS.
Clear separation between Virtual Goods (web2) and Verified Virtual Goods (web3).
Virtual Goods:
• Coins
• Awards
• Avatars
Coins and Awards to be canceled soon.
Verified Virtual Goods:
• Collectible Avatars
• Community Points
— r/Cryptocurrency MOONs (@unofficalMoons) July 16, 2023
Under the new terms of service, verified virtual goods in the tune of collectible points and community ava

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