Hello my friends and followers, I thank you very much for following my ideas and knowledge. Here I come to share a real-life story and I am going to tell you about a cryptocurrency that I believe is undervalued, but its potential is as strong as Ethereum or even Bitcoin. The movie Dumb Money is based on real events and focuses on the American company GameStop, a retail video game chain that became the epicenter of an unprecedented financial phenomenon in January 2021.
The story narrates how Keith Gill, a financial analyst known on social media as "Roaring Kitty", began to invest in and promote GameStop shares through platforms like YouTube and Reddit. His enthusiasm inspired thousands of small investors, especially from the r/WallStreetBets forum, to massively buy shares of the company. This triggered a "short squeeze" that raised the price of GameStop shares exponentially, causing millions in losses for large hedge funds that had bet against the company.
The film, directed by Craig Gillespie and starring Paul Dano as Keith Gill, dramatizes this event that challenged Wall Street and highlighted the power of social media in financial markets. But the coin or project that I leave you with is $FET #Fetch_ai