CRYPTO:DONUTUSD

Donut Usd Stock News

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$0.0004
-0.00000948 (-2.62%)
At Close: Jun 03, 2026
Jesse Powell's comments came in response to Reddit's decision to pull the plug on its blockchain-based reward service Community Points.
Reddit is discontinuing its blockchain-based Community Points program due to scalability issues, moving towards more scalable rewards programs. Despite initial promise, high transaction fees and bandw
Reddit discontinued the Community Points program, citing regulatory issues. Moons (MOON), the native token of r/cryptocurrency, reaches an all-time low value.
Reddit recently announced its decision to wind down its Ethereum-based Community Points by 8 November.
Reddit is discontinuing its Community Points program, a blockchain initiative for creators, on November 8th.
"Though we saw some future opportunities for Community Points, the resourcing needed was unfortunately too high to justify," Tim Rathschmidt, Reddit's director of consumer and product communications,
The Reddit token DONUT has surged in value. At the time of writing, the crypto is up 174% in 24 hours and has increased by over 300% over the course of the week.
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