3 recent developments of Moons

Moons used to be this cute little thing that Redditors tipped each other as a form of encouragement and utilised to buy Reddit membership. But ever since they have migrated to the mainnet, they seem to have grown in importance. In fact, a month ago, jaws dropped when the price of moons went past 20 cents. Today, moons performed beyond expectations and brought an adrenaline rush again and again. When I woke up, it was trading at 25 cents. Right now, it’s valued at 27 cents.

But why the rise? If you are baffled about its meteoric rise, the following developments may bring you up to speed:
- CCIP-051 pays extra moons to those who provide Moons/ETH liquidity on SushiSwap. Seems like many people are keen to benefit from the liquidity pool when the APR is still high
- [Banner advertising](https://www.reddit.com/r/CryptoCurrency/wiki/banner_records/?utm_source=share&utm_medium=ios_app&utm_name=iossmf) is a win-win situation as it not only draws attention to the advertisers, but also allows moons to be burned, which enhances the Moon ratio. Seems like there is a queue of advertisers who has already committed to renting the banner space.
- u/TheHawk2319 announced his intention to launch a project on Arbitrum Nova that allow people to pay in moons. He’s tight-lipped about the details but left a hint: “memeable”. Seems that[it’s likely that we can buy NFTs with our moons.](https://www.reddit.com/r/CryptoCurrency/comments/11p0roc/where_and_what_is_next_for_moons/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)

Any more recent development of Moons that caught your attention?

originally posted on r/cryptocurrency