‘Crypto’ Gets Highest Mentioned on Reddit in 2021; Bitcoin, Ethereum fall continues

Reddit, an American social news aggregation, web content rating and discussion website, in its recent report ‘Reddit Recap 2021, revealed that in 2021 cryptocurrency was the most popular topic of conversation on the website. People mentioned ‘crypto’ 6.6 million times on Reddit in 2021, Indian Express reported.

Meanwhile, major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) continued to plummet over the past 24 hours, according to global market coinmarketcap.com.

The price of Bitcoin fell 0.35 percent from the last 24 hours and was trading at $ 48,281.96. Meanwhile, Bitcoin’s dominance in the crypto market is currently 40.86 percent, an increase of 0.41 percent in the past 24 hours, data from coinmarketcap.com showed.

Ethereum was trading at $ 4,018.20 and fell 2.16 percent in the last 24 hours, while Binance Coin (BNB) fell 4.70 percent during the same period and was trading at $ 551.23. Solana (SOL) was trading at $ 170.63, down 3.84 percent, and Cardano (ADA) was down 1.50 percent at $ 1.29.

Meme Coins

Dogecoin (DOGE), Shiba Inu (SHIB), Dogelon Mars (ELON) and Samoyedcoin (SAMO) have all lowered their prices in the last 24 hours.

Dogecoin witnessed a 1.52 percent drop and was trading at $ 0.1675 at 5:00 p.m. Rival Shiba Inu was down 3.15% and trading at $ 0.00003388, Dogelon Mars was down 2, 74% and was trading at $ 0.00000112, while Samoyedcoin was trading at $ 0.03883 and was down 7.40%.

General scenario

The global crypto market capitalization was $ 2.24 trillion, registering a decrease of 1.08 percent in the last 24 hours, while the total volume of the crypto market was $ 105.26 billion, an increase 2.07 percent.

Mind Music (MND) became the biggest winner, registering an increase of 1028.91 percent; It was trading at $ 0.000000005173 at 5:00 pm. On the other hand, FarmerDoge (CROP) witnessed the maximum loss, with a fall of 97.07 percent; It was trading at $ 0.0001232.

Last update

In a recent report, Reddit noted that the top five most viewed cryptocurrency communities in 2021 on its platform were: Dogecoin, Superstonk, Cryptocurrency, Amcstock, and Bitcoin, Indian Express reported.

“As more redditors (Reddit users) join the conversation, whether it be for information, help or to share big hits, Reddit continues to be the hub for crypto enthusiasts,” Indian Express quoted the report.


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