Reddit’s MOON token now worth more than the currencies of 103+ countries
Tightly entwined with the r/cryptocurrency subreddit, the beloved MOON token is now worth more than 100 fiat currencies.
On February 14, 2023, user meeleen223 highlighted this milestone, igniting a fervent buzz throughout the community.
| Country | 1 MOON WORTH | Inflation |
|---|---|---|
| Afghanistan | 19.64 (AFN) | 5% |
| Albania | 23.79 (ALL) | 1.8% |
| Algeria | 29.99 (DZD) | 1.9% |
| Angola | 110.95 (AOA) | 35% |
| Argentina | 42.16 (ARS) | 95% |
| Armenia | 85.75 (AMD) | 2.7% |
| Bangladesh | 23.40 (BDT) | 5.54% |
| Bhutan | 18.10 (BTN) | 5.2% |
| Bolivia | 1.53(BOB) | 4.3% |
| Botswana | 2.87(BWP) | 1.25% |
| Brasil | 1.14(BRL) | 6.47% |
| Burundi | 422 (BIF) | 4.4% |
| French overseas collectivities | 24.69 (CFPF) | 0% |
| Cambodia | 895 (KHR) | 1.4% |
| Cape Verde | 22.61(CVE) | 0.6% |
| Central African Republic | 134.51 (CFA) | / |
| Chile | 173.71(CLP) | 12.3% |
| China | 1.50(CNY) | 2.5% |
| Comoros | 101.53(KMF) | 6.3% |
| Congo | 455.27(CDF) | 6.35% |
| Costa Rica | 125.98 (CRC) | 4.7% |
| Croatia | 1.55 (HRK) | 1.3% |
| Cuba | 5.28 (CUP) | / |
| Czechia | 4.86(CZK) | 12.7% |
| Denmark | 1.52(DKK) | 0.6% |
| Djibouti | 39.14(DJF) | 2.1% |
| Dominican Republic | 12.36(DOP) | 1.4% |
| Egypt | 6.73(EGP) | 8.496% |
| Ethiopia | 11.82(ETB) | 15% |
| Gambia | 13.43(GMD) | 7.1% |
| Ghana | 2.69(GHS) | 17% |
| Guatemala | 1.72(GTQ) | 3.86% |
| Guinea | 1893.41(GNF) | 7.9% |
| Guyana | 46.32(GYD) | 5.9% |
| Haiti | 33.21(HTG) | 22.8% |
In a remarkable twist of fate, a solitary MOON now holds more value than a single unit of fiat currency in Argentina, Brazil, China, Costa Rica, and Egypt, to mention a few.
While the post mentions 103 such currencies, the actual number is much higher. In a striking display of the token’s power, even currencies in Russia and Venezuela are worth less than MOON.
The brand new newsletter with insights, market analysis and daily opportunities.
Let’s grow together!
At present, 1 MOON commands a value of 42.16 Argentine Pesos, 1.14 Brazilian Real, 1.5 Chinese Yuan, 125.98 Costa Rican Colón, and 6.73 Egyptian Pounds.
Leveraging the power of Ethereum, this unique asset can be earned by anyone who actively contributes to the subreddit, be it through posts, comments, or other forms of interactive engagement.
Once earned, MOONs find a home in digital wallets, which Reddit lovingly refers to as Vaults.
Due to its rising popularity, MOON farming has become a full-time occupation, as miners work tirelessly to capitalize on its success.
Adding to its many feats, MOON has now made the seamless transition to the highly scalable network of Arbitrum. As part of this game-changing migration to the layer-2 scaling solution, 4.77 million MOONs have been burned.
With this exciting new development, users can now look forward to significantly lower gas fees and vastly improved throughput.
Furthermore, increased adoption and an increasing number of token purchases have resulted in a MOON price increase. It’s now worth $0.21, up 8% over the last 24 hours.
In related news, Reddit made headlines by gifting over a million Super Bowl NFTs on the Polygon network.
The official Super Bowl memorabilia started with a collection of 40,000 NFTs, but approximately 10 million now exist. As more users minted the coveted collection, the sales for the NFTs shot to $10 million in October 2022, three months after their release.
Hello, fellow crypto enthusiasts! 👋 As we embark on another week in the ever-evolving crypto…
EigenLayer, a protocol for Ethereum restaking, recently announced an airdrop plan that garnered both praise…
Keonne Rodriguez, a figure linked to the cryptocurrency mixing service Samourai Wallet, has entered a…
The debut of spot crypto exchange-traded funds (ETFs) on the Hong Kong stock market is…
Tether, renowned for its dominant stablecoin USDT, has embarked on a significant investment journey after…
Bitcoin analyst Willy Woo forecasts that the cryptocurrency industry could achieve its first billion users…