To the Moon! Meme was viral and if you are willing to know about that, this article is for you. Today we will talk about the origin of To The Moon! Meme. Let’s find out by reading the article below.
A Reddit user named "u/Cryptorich13" took advantage of the social media platform's crypto reward system to convert his stash of free tokens into Bitcoin. In a post on Sunday, u/Cryptorich13 explained how he converted his 80,000 Moon rewards into Bitcoin earlier this year. His holdings have surged in value following the latest bitcoin price surge. He said:
“I shitposted a lot in 2017. I was awarded 80k reddit moons earlier this year which I sold on the rinkeby testnet using XDai and honeyswap and immediately bought BTC with it. (0.92 BTC to be exact).”
U/Cryptorich13 claims to have dumped his 80,000 Moons for Dai at an average price of $0.08 to $0.13 per token over a 24-hour period in late September. From there, he converts Dai to Bitcoin. The whole process is recorded on the Warosu image board.
At the time of his original Reddit post, his bitcoin reserves were worth $23,736, based on a BTC price of $25,800. In a later edit, his 0.92 BTC was worth $25,576.
At the time of writing, Moon was worth around $0.01, down 15% on the day, according to data from CoinGecko. It should be noted that the CoinGecko data source began tracking lunar values in late October.
Reddit's Moon Token is the official cryptocurrency of the r/Cryptocurrency subreddit, a platform dedicated to news, discussion, and analysis of all things digital asset-related. The token rewards active users for their contributions to the subreddit. According to community guidelines, all posts in the subreddit need to be crypto-related or connected to culture in some form or manner.
Moon is part of Reddit Community Points (RCP), a rewards program launched earlier this year to incentivize content creation on the social network. RCP is an Ethereum-based token that is interoperable with all other Ethereum applications. To date, only one other subreddit has launched a cryptocurrency through the RCP program.
I hope this article will help you to learn the origin of To The Moon! Meme. The r/FortNiteBR subreddit launched the Brick token earlier this year to reward users for their contributions to the community.
