Not 100% if this is brand new to CMC but the chart history only goes back 2 days and the coin has been minted for quite a while.
It is a meme/utility coin that can currently be used to buy/sell the Reddit Collectible Avatars on a secondary market. The initial mint was airdropped to hodlers of the ConeHead collectible avatar and a smaller portion was given to the small cone hodlers from the stick figure avatar. There may be another mint coming for BucketHeads? Don't take my word for it but regardless it's an active and passionate community facilitated by our favorite social media platform. Happy to be a part of the ConeHead community!
https://coinmarketcap.com/dexscan/polygon/0xfd32af883fd971a7233b00f2bfa2a6fae3360460/
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