Karma Needed To Earn A Dollar (July 2021 - Price Update)

Ever wonder how much karma was needed to earn $1 since r/CryptoCurrency moons have begun trading? Well wonder no more. To find out, I took the monthly moon to karma (M/K) ratio and multiplied it by the trading price on that date. While normally I do this once a month (after the moon distribution), given the almost 200% increase in moon price in recent days, I thought it warranted an update!

https://preview.redd.it/w6u0w4ejppd71.png?275&format=png&auto=webp&s=6f172345dfbcd2e00a70ca2014499fdcf21c77dc

So there we have it, to earn $1 you need to receive 11.58 karma. This is the lowest amount of karma required to earn a dollar since November 2020! There is still quite a way to go to surpass the October all time low, as Moon price would need to increase to $1.92 (not entirely impossible at this rate...). It will also be interesting to what impact the current spike in activity (comments/posts) will have on the m/k ratio.