When it comes to websites where a new trend is going to blow up, Reddit is usually the place to bet on. If you are looking to keep up on the latest crypto exchanges, crypto brokers, crypto moons, and anything else related to the world of crypto, then you should be checking out Reddit at least a few times a day, every day.

Reddit

What is Reddit?

In the simplest way possible, it is like a modern forum, where people can post pretty much anything. It is made out of subreddits, which are basically sections of the site related to a certain topic. For example, a subreddit called /r/Bitcoin will have all posts related to Bitcoin, /r/CryptoMarkets will have posts related to crypto markets, and so on.

The quality of posts is controlled by the community, so Reddit is often referred to as a network of communities. If a post is interesting to many, it will get upvotes, and if it is not related to the topic, it will be downvoted.

What is the Reddit NFT?

Not long ago, Reddit decided to release their NFTs called CryptoSnoos NFTs. You can get the official Reddit NFT by purchasing them on the platform’s market. You can also buy them only with ETH from your MetaMask wallet. If you do not already have MetaMask, you definitely should.

The CryptoSnoos on Reddit actually does have some kind of purpose besides just having them in your NFT collection for bragging, as they are avatars that you can use on your profile. Some of them are one of a kind, which have the “legendary” status in the Reddit NFT marketplace, while others are limited (“epic” ones are more limited than “rare” ones).

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Reddit’s cryptocurrency

MOON tokens are the cryptocurrency that Reddit users can gain by simply being active on the platform. It is worth noting that this is the official cryptocurrency of the /r/Cryptocurrency subreddit. This cryptocurrency can be used as any other if you happen to get your hands on it, and you can even cash it in on certain crypto exchange platforms for fiat currency.

The best way to get your hands on this is to simply acquire a lot of karma by posting good content on Reddit. But you can also hope that someone gifts you some of their MOON tokens if your post brightens up their day.

Official Reddit NFTs are Available

Whilst on the theme of crypto, did you know that Reddit release their own NFTs on an incredibly regular basis? So far there has been a number of high calibre releases in support of the NFL Super Bowl and also the FIFA World Cup.

NFTs can be bought and also claimed for free on the platform, and usually come in the form of Avatar skins that represent your Reddit profile.

One Reddit Avatar NFT has been recorded to have sold for $243, 750 which back in October of 2022, was worth around 150 $ETH.

Currently there are a number of Avatar NFTs ready to purchase. They vary in price depending on how many are released, so once they’re gone we can imagine prices for certain releases will shoot up!

Reddit Crypto

© Bitcoin.com

What are the best Reddit crypto subreddits?

There are a lot of subreddits with various information, but some are more popular than others. Of course, that is not random, as certain crypto information is more valuable than others, and it also attracts more people.

1. /r/bitcoin

It is no surprise that one of the biggest communities on Reddit related to crypto is for the coin that started it all. On this subreddit, you can discuss everything related to Bitcoin, from memes to new information. There are some ups and downs to this subreddit, and that is the part where the community is a bit too big, so you will often see a lot of posts, but a lot of them can be useless. The discussion is also extremely rapid if a thread is popular.

2. /r/btc

This subreddit is pretty much the same as the previous one, but the community is much smaller. Because of that, it is easier to find higher-quality posts and get into discussions without having your opinion lost in a matter of minutes due to high traffic. Our advice is to follow both subreddits if you are interested in crypto.

3. /r/CryptoCurrency

While the previous two subreddits highly focus on BitCoin only, this one focuses on pretty much everything related to crypto. Whether you are looking for crypto moons to get onboard before they rise in popularity, crypto exchanges where you can start trading before anyone else, or maybe just have a good laugh at a crypto meme, this is the subreddit for you.

It is the biggest subreddit at the time of writing this text, with over 4.4 million members. You will always have a few thousand people online at the time, which, like the /r/bitcoin, can be a bit problematic if you want to join a discussion on a post. Regardless, it is the best subreddit by far for all kinds of information.

4. /r/NFT

With NFTs becoming extremely popular, it is no wonder that this subreddit is booming in popularity. Here, you will be able to find everything related to non-fungible tokens. Whether you are looking for new NFT games to play, or if you are looking for a new NFT marketplace that just opened up, you will find that info here. There is also a discord where you can chat with members in real time.

5. /r/BitcoinBeginners

If you are new to the whole crypto scene, then this subreddit can be quite helpful. You can get answers to all the frequently asked questions, and you can also post a question about crypto in case you are not sure about something. Of course, while people mostly want to help each other out on Reddit, you should still take every piece of advice with caution, as there are always people who just want to troll or scam someone.

6. /r/Ethereum

Being one of the biggest altcoins out there, it comes as no surprise that Ethereum is one of the biggest and best subreddit out there. You will easily find all the news related to Ethereum or anything related to app development that this technology is used for.

7. /r/binance and /r/coinbase

Both of these share the same idea: they are subreddits for one of the biggest crypto exchanges out there. They have solid communities, and you will learn about any interesting activity on the platforms by keeping track of the posts on these subreddits.

8. /r/Cryptocurrency Memes

Crypto memes are an incredible way to show the lighthearted side to Web3, and what better place to see them than Reddit! This Subreddit is a thriving community, currently boasting over 300k members. If you are looking for a laugh about market trends, tokens and relatable jokes on crypto then this is the Subreddit for you!

9. /r/Cryptomarkets

Moving more into trader territory, r/CryptoMarkets is a place for those who are after new market updates from a multitude of crypto tokens. Market analysis and breakdown runs rampant for those with golden hands. You will not be disappointed.

There are over 1 million members of this group making it one of the largest crypto Subreddits on the site.

10. /r/Shibarmy

If you are a holder of the three Shiba themed cryptocurrencies, $SHIB, $LEASH and $BONE then this Subreddit is for you. Shiba is one of the biggest if not the biggest meme coins within the crypto space and has a loyal fanbase always backing it. Despite the memes, we have seen the likes of Elon Musk really take a liking to Shiba crypto along with Doge. Reddit is the perfect place to get in on the Shiba Crypto action!

Best Crypto to Buy According to Reddit Users

Now Reddit is a great place to learn new things, especially when regarding crypto and Web3 topics. As with anything on the internet, take it with a grain of salt. What works for some people in the world of crypto investing may not work for you. With that in mind, always do your own research on any sort of investment before you go ahead and give up your money!

So what exactly are the top trending crypto tokens on Reddit currently? Let’s look into them in a bit more detail…

Solana ($SOL)

Solana is deemed as the “Ethereum Killer” by Reddit crypto fans. It has a lower gas fee than Ethereum and can be deemed as having more scalability and faster transaction speed.

Solana has a popular Subreddit, with a total of 160k members at the time of writing. Since its decline in price over the past few years and thanks to the collapse of FTX, Sol’s price is considerably lower than what it has been. Often investors call this a “crypto sale”.

The Subreddit users still believe in Solana as a longterm investment despite the recent hiccup in price. Be sure to visit r/Solana to see it all for yourself!

Love Hate Inu ($LHINU)

If you are a meme lover his new Shiba themed meme coin could be for you. Off the back of Doge and Shiba Inu’s success, Love Hate Inu has been doing the rounds on Reddit.

It is currently in its presale phase where investors can get the token at a discounted price before it hits crypto exchanges. It is a “Vote-To-Earn” project, where users stake their $LHINU to contribute to the development of the project.

The main purpose of this is the polling system, where users create polls themed around memes and earn tokens in the process. So far the reception has been good but time will tell on its sustainability.

Tamadoge ($TAMA)

Another Doge themed coin is Tamadoge, this one has been out for a few months now and works in conjunction with the Tamadoge crypto gaming platform.

It features different mini-games themed around Doge. Use the $TAMA token to play the games and earn additional prizes and tokens. It has an 8-bit vibe too it, almost similar to the popular mobile game Flappy Birds if anyone remembers that!

C+Charge ($CCHG)

Moving away from crypto gaming and memes, C+Charge is a new eco-friendly token that has plans to disturb the crypto industry. Considering how environmentally unfriendly mining crypto is, this is a great step in the right direction to help combat it.

This token has been designed specifically for electric car drivers worldwide. By holding the token you are able to pay for your car charging at the designated charging stations.

There is already a mobile and web app to safely and securely purchase the token and use it for its designated purpose. If you are looking to be mindful of your carbon footprint check this new token out!

Bitcoin ($BTC)

Of course Reddit remains bullish on Bitcoin. With how the economy has turned out over the past year, and the recent closure of banks, Bitcoin to many on Reddit is deemed as the crypto equivalent of gold.

Whilst a whole Bitcoin is quite high in price, many would still recommend holding some and even dollar cost averaging in some respects. This essentially means to buy a fraction of Bitcoin no matter the price. Or even a full one if you have the money!

Bitcoin’s price in 2023 has skyrocketed substantially after last year’s bearish Web3 market. Reddit crypto remains bullish on it!

RobotEra ($TARO)

RobotEra is a new sandbox builder metaverse experience that has again had a really popular pre-sale phase. Millions have been raised so far and a lot of positive press has been received for this game. Be sure to check out our RobotEra review to learn more.

Reddit Crypto – The Final Verdict

Reddit is a really popular place for crypto fans and also the broader Web3 industry. You can keep up with memes, market trends and new products/tokens in an easy and familiar environment.

It is great to see how the Reddit developers have seen the potential in NFTs and crypto, releasing both their own NFT collectible Avatars and also Moon token.

Be sure to check out the listed communities to get in on the fun and meet other like minded crypto lovers and investors!

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