Meme Stocks and Dogecoins: The Story Behind the Craze

In the high-risk environment of 2021, due to stimulus measures, interest rate cuts and COVID lockdowns, retail traders gathered on Reddit and began to spread the "Gamestock" Meme, triggering a rapid rise in stock prices. Thanks to Robinhood's friendly user experience (such as mobile apps and free trading fees), a large number of ordinary users participated in this wave of craze.

After the "GME" craze, many investors began to speculate on other assets, especially those that can be traded on Robinhood. DOGE was listed on Robinhood in 2018, and its price in late January was only 0.008 cents, which was very attractive to retail users. With Elon Musk's large-scale tweets spreading the Doge Meme in February 2021, DOGE's popularity quickly climbed, and finally reached its peak in May 2021, with a market value of an astonishing $90 billion.

All this is not only the madness of the market, but also the embodiment of the power of culture and community. With the rise of Meme stocks and Dogecoins, investors are participating in the financial market in a whole new way, pushing the boundaries of cryptocurrencies and stocks to continue to expand! As more and more people realize the potential of Memecoin, MARVIN may become the next star in the crypto world, driving innovation and development of the entire market. Let us look forward to the future of #MARVIN (ending with 0755)! #加密市场反弹 #美联储宣布降息50个基点 #哈里斯支持数字资产