Whereas Reddit hosts greater than 430 million month-to-month energetic customers in over 100,000 communities who focus on all the things underneath the solar, there was one monetary topic that lower by means of the web chatter this yr: Cryptocurrency.
The huge social community dropped its Reddit Recap 2021 this week, which rounds up the preferred posts, subjects and conversations on its platform over the previous yr. And cryptocurrency was fingers down the preferred subject on Reddit in 2021, with folks mentioning “crypto” 6.6 million occasions. There are additionally greater than 500 cryptocurrency communities on Reddit, and the 5 hottest ones this yr have been r/dogecoin, r/superstonk, r/cryptocurrency, r/amcstock, and r/bitcoin.
The Most Considered Subjects of 2021 on Reddit
- Cryptocurrency
- Gaming
- Sports activities
- Weddings
- Well being and Health
- Meals and Drink
- Motion pictures and Tv
Cryptocurrencies together with Dogecoin
DOGEUSD,
Ethereum
ETHUSD,
and Shiba Inu additionally topped Google’s 2021 Year in Search, which the Alphabet-owned
GOOGL,
search engine launched this week. “Dogecoin” and “Ethereum value” landed within the high 10 most-Googled information tales of the previous yr, each within the U.S. and throughout the globe. And the highest two “The place to purchase” Google searches have been “The place to purchase Dogecoin?” and “Where to buy Shiba coin?”
Learn extra: Google’s 2021 Year in Search: AMC and GME stocks, Dogecoin, stimulus checks and shortages dominated queries
Whats’s extra, a latest Rover.com survey discovered that pet owners are actually naming their dogs “Doge” and their cats “Bitcoin.”
And a gaggle of crypto buyers named ConstitutionDAO tried making historical past final month by crowdfunding more than $40 million to bid on a rare copy of the U.S. Constitution. Alas, it misplaced out to Citadel founder Ken Griffin, who spent $43.2 million on the historic doc.
Reddit notes that the rise of those retail and crypto buyers seeking to recreation the system has had real-world impression, such because the GameStop
GME,
brief squeeze in January. Maybe. The year-end Reddit report credit redditors with being “catalysts for real-world change” over the previous yr.
Need intel on all of the information shifting markets every day? Sign up for our daily Need to Know newsletter.
“From r/wallstreetbets and the crash of the One Simple Wish website, to the Battle of the Joshes, in 2021, essentially the most notable moments on Reddit have been when redditors took their feedback, comradery, conversations, and extra from URL to IRL,” Reddit staff wrote in a blog post.
Reddit’s year-end assessment notes that customers created 366 million posts over the previous yr, which was a 19% improve yr over yr. And as of Nov. 9, 2021, Reddit drew greater than 2.3 billion whole feedback and 46 billion upvotes; aka when customers present their approval for a submit by clicking an “up” arrow, which pushes the submit towards the highest of the location in order that extra folks can see it.
The three most upvoted Reddit posts of the yr got here from the retail buyers on the WallStreetBets, and the Superstonk web page (which describes itself as discussing GameStop inventory particularly) noticed a 917K% improve in subscribers yr over yr.
These desirous to be taught extra in regards to the typically risky world of meme shares can take a look at MarketWatch’s MemeMoney column and weekly MemeMarkets videos on YouTube. Or keep up-to-speed with cryptocurrency market news here.
And amid the Nice Resignation, the r/antiwork subreddit has exploded. The variety of “idlers” (aka members) on this group for “those that need to finish work, are interested in ending work, need to get essentially the most out of a work-free life, need extra info on antiwork concepts and need private assist with their very own jobs/work-related struggles” spiked 279% this yr.
This video highlights the “oddities and commodities” mentioned on Reddit this yr, resembling meme shares like AMC
AMC,
and GameStop, provide chain points, the billionaire house race and the breakout Netflix
NFLX,
hit “Squid Sport.”
Take a look at the complete Reddit recap here.
