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The ability to trade BRICK on mainnet from testnet was recently enabled, and has already climbed 800% in the last 30 days. With only a $2,800,000 marketcap, I believe this native Reddit community point token has huge potential.
$BRICK was initially developed by Reddit for r/fortniteBR as a new way for people to be rewarded for their contributions to the r/fortniteBR community. r/FortniteBR prohibits the transferring or selling of $BRICK acquired within the r/fortniteBR community. This essentially has created two versions of $BRICK: The internal version, found within the r/fortniteBR community, and the external tradable version found on sushi.com and RCPswap.com (Reddit Community Points swap). This has produced the effect of locking the internal community supply as itâs unable to be sold.
What makes the external and tradable version of $BRICK an ideal candidate for the next memecoin is the fact itâs back by Reddit, a company valued in 2021 at $10 Billion. Reddit likely spent tens of millions of dollars hiring coders and analyzing $BRICK to make sure risk was absolutely minimized to near zero.
To put this into perspective, r/cryptocurrency MOONs has been available for several months now on a major exchange (Mexc) and has since climbed to a marketcap of $22,000,000. At the present time BRICK is not yet listed on any major exchanges, is difficult to buy, and only has a marketcap of $2,800,000. If BRICK ever gets to the same Marketcap as MOON, this will be a 8x return on investment, meaning a $500 investment now would be worth $4,000.
The process of buying BRICK is a bit complicated, but I can break it down. It took me several hours to figure it out, but the whole process should only take you about 10 minutes following the step by step below. Feel free to comment with any questions.
Step 1. Download the MetaMask Wallet App and follow the in app prompts to set up your initial wallet.
Step 2. Make sure you have Ethereum in your MetaMask wallet. You can purchase ETH with a debit card by clicking âETHâ under your token list, then clicking âBuyâ
Step 3. In your MetaMask wallet browser, visit chainlist.org, scroll down and search networks for âArbitrum Novaâ then select âconnect walletâ.
Step 4. In your MetaMask wallet browser, visit orbiter.finance. âTokenâ at the top should be âETHâ. âFromâ should be Ethereum. âToâ should be âArbitrum Novaâ. Input the amount of Ethereum youâd like to swap and press âSendâ.
Step 5. In your MetaMask browser, visit either Sushi.com or RCPswap.com.
Sushi Instructions: Visit Sushi.com and click âEnter Appâ in the top right corner. The top token should be âETHâ and search for BRICK for your bottom token. Input the amount of ETH youâd like to swap for BRICK, and press âswapâ.
RCPswap Instructions: The top token should be âETHâ and the bottom token should be âBRICKâ. Input the amount of ETH youâd like to swap for BRICK, and press âswapâ.
You now own BRICK! Follow the same steps in reverse whenever you want to sell.
Again, a bit complicated, but if you follow the step by step instructions youâll see itâs pretty self explanatory. Comment with any questions and Iâll help walk you through.
Chart: https://www.coingecko.com/en/coins/brick
Visit my new subreddit r/BRICKMOON for more information on $BRICK or $MOON!
Subreddit
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- 1 year ago
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