The MOON price is $0.34, a change of 1.13% over the past 24 hours as of 6:30 a.m. The recent price action in MOON left the tokens market capitalization at $36,242,665.89. So far this year, MOON has a change of 332.84%. MOON is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
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The pseudonymous GCR likely bought 450,000 of the coins at an average price of 40 cents-45 cents, Loch Research's Prithvi Jhaveri said.
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The latest price moves in crypto markets in context for July 18, 2023.
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Reddit changed its Terms of Service recently where it now explicitly allows for trading Reddit's tokenized Community Points, one observer said while explaining the price rally.
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BitMEX has announced plans to deposit a physical wallet containing a single bitcoin on the moon's surface.
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