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Reddit has created history at several points in time, which has in turn testified to the relevance of the digital world that it has established. For instance, the atheist collective on Reddit collected more than $212,000 for a medical charity, demonstrating that godlessness and philanthropy can exist side by side. In their efforts to prove points and propagate theories, Reddit dabbles in philanthropy, activism, and cultural movements.
The platform is also employed by political figures to reach out to a wider population. President Barack Obama's August 2012 AMA, or "Ask Me Anything" session was the highest-profile event in Reddit's history. The event caused the site's servers to crash because too many individuals attempted to participate in the debate.
It mustn't come as a surprise that Reddit has become a central forum for crypto enthusiasts to discuss, promote, and investigate the occurrences in the crypto space.
Logarithmic Finance (LOG) is a brand new entry in the crypto market. It functions on a layer 3 swapping protocol and is a cross-chain multi-chain platform. The token is actively being talked about in the market and will be availible on extensive blockchains like Ethereum, Tezos, Avalanche, Polygon, Binance Smart Chain, and Solana.
The whitepaper claims that the Logarithmic Finance platform will evolve into a fully functional DEX which will also allow users to trade tokens for NFTs, as per their choice and convenience. The developers have made it clear that their primary aim is to create a space that is accessible to artists, investors, and fintech developers alike. Logarithmic Finance has also made active use of platforms like Twitter, Instagram, and Telegram to advertise its futuristic token LOG.
At press time, the token has hiked in value by nearly 469%. This speaks volumes of the kind of profit one may be able to reap out of LOG investments. The token is currently in its presale phase which could be the ideal time to invest low and wait for bigger gains to unfold in the coming months.
The subreddit r/cardano also known as The Home of Cardano is a big channel on Reddit that actively discusses the aspects related to investments made in Cardno. With around 700 thousand members, the channel also has a Cardano Daily Discussion forum where the token is actively spoken about daily.
Over the past week, Kadena (KDA) is another crypto that is being actively discussed on Reddit across various subreddit platforms. The community has been actively discussing whether to HODL or give up Kadena considering the current market situation.
If you are looking to improve your crypto literacy, Reddit could be a great place to begin. Apart from being an informative goldmine, it is easy and fun to engage with. Some subreddits that you may want to look out for are r/WallStreetBets, r/CryptoMarkets, r/OpenSea, and r/Cryptocurrencies.
Learn more about Logarithmic Finance (LOG) here:
Website: https://logarithmic.finance/
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
