Cryptocurrency has gained massive popularity this year and online forum sites like Reddit have put a spotlight on what investors are looking at.
Reddit has released the report, which found that three of the top five most upvoted posts were related to investing this year - demonstrating how young people had flocked to the markets during lockdowns.
“Taking on the US Stock Exchange, Reddit users 'broke finance' and made international headlines, demonstrating the strength of online communities and the powerful things that can happen when people unite around what they’re passionate about.”
Here is a breakdown of the most popular subreddits and posts from this year.
Note posts with an asterix (*) contain adult language.
Most upvoted posts
The top three of five most upvoted posts on the whole website were from the Wall Street Bets subreddit, where users talk about the stock market and investing.
In late January, 2021, r/wallstreetbets took the stock market by storm. Overnight, GameStop’s stock soared, bringing retail investors to the forefront of the market conversation. The community grew by 606 per cent and spurred the ‘meme stocks’ movement.
The events rocked the markets, as at-home investors flooded into the company, buying up shares and costing other investors (who had shorted the stock) billions of dollars.
Here are the five most popular posts from 2021:
Most popular themes:
Cryptocurrency took out the top spot as being the most popular theme on Reddit this year, showcasing again the massive rise in popularity.
These are the 7 most popular Reddit themes of 2021:
Health and Fitness
Food and Drink
Movies and Television
Cryptocurrency on Reddit
The top-five most-viewed crypto communities in 2021 were:
Most upvoted posts among crypto communities: