Cryptocurrencies were the most talked about topic on Reddit in 2021
With the end of 2021, Reddit shared that cryptocurrencies were the most talked about topic of the year, dethroning games, sports and marriages, in that order. The word “crypto” has been used over 6.6 million times on the site.
But perhaps the biggest surprise is the fact that the “redditors” were more interested in Dogecoin (DOGE) than Bitcoin (BTC). The five most viewed cryptocurrency “subreddits” (subforums) were r/dogecoin, r/superstonk, r/cryptocurrency, r/amcstock and r/bitcoin.
Among more than 500 cryptocurrency-related subreddits, r/superstonk had the highest growth of the year, increasing its membership by 917% to 713,000 users since 2020.
- Tesla tells SEC they may return to accept Bitcoin as means of payment
- Coinbase share price rises after sponsorship deal with NBA and alliance with Facebook
- Bitcoin miners’ exit from China start to disrupt Russia energy supply
- Public employees will receive salary in bitcoin, says Miami Mayor
While the subreddit discusses the traditional stock market, it has also become a venue for members to discuss topics such as GameStop’s upcoming NFT marketplace, anti-crypto Citadel CEO Ken Griffin and China banning cryptocurrencies.
The huge financial subreddit r/wallstreetbets (WBS) also recently changed its mind about its anti-crypto stance, allowing its 11.4 million members to discuss bitcoin, ether and dogecoin on the page.
In fact, WSB held an impressive event on Miami Beach during Art Basel, called the “NFT Moon Party” – a great example of the subreddit’s ideological shift in 2021.
The interest of redditors in cryptocurrencies is old, but 2021 was a year that made history.
Reddit has had cryptoactive-related subreddits for more than ten years, but in the 2020 “Retrospective of the Year,” which focused on pandemic, unemployment and Black Lives Matter issues, crypto didn’t receive a single mention.
As cryptocurrencies and non-fungible tokens (NFTs) become even more popular in 2021, crypto enthusiasts and novices with common interests turned to Reddit to educate themselves and join the hottest debates on the market.
With informations: Decrypt