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Reddit NFTs Show People Like Crypto When They Don’t Know It’s Crypto

The Breakdown

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Reddit 2021 NFTs Are a Bad Idea

Reddit launched its NFT offering in July and has so far onboarded 2.5 million new crypto wallets. Its flagship offering is a profile picture NFT based on the website's mascot. The NFTs were initially offered at minimal prices around 0.01 ETH. Recently however, they've gone on a huge bull run with the most desirable examples reaching up to 18 ETH.

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