Wallet Holders Near 3 Million As Reddit NFT Reaches All-time High
Reddit NFT trading volume reaches record high. The number of nonfungible tokens being minted has been progressively dropping in the meantime. The trade volume of Reddit nonfungible token (NFT) avatars has surpassed $1.5 million in the previous 24 hours, according to statistics from Polygon and Dune Analytics. The rise accounts for more than one-third of […]
Reddit is exploring using NFTs as profile pictures
Twitter’s recent launch of NFTs as profile pictures, may gradually be the new trend as Reddit is experimenting with NFT profile images on its site, this is only a week after Twitter introduced the feature. In 2021, the famous social networking platform had approximately 430 million monthly users, and it’s rumored that it’s working on […]
Reddit is making plans towards an IPO
Reddit, the popular social platform, revealed it is filing for an initial public offering (IPO). The move is expected to occur when the Securities and Exchange Commission (SEC) completes its review process. The platform is unable to offer any information on shares or prices until after the quiet period has ended, in order to prevent […]