A meme is an idea that spreads rapidly among people. Memes began to take the form of humorous social media posts and viral videos with the advent of the internet. Meme stocks are so-named because ideas about them spread rapidly on social media and web forums. Meme stocks also see communiti...
In many cases, they have a market value, which also makes them convertible currencies that can be used in real-world transactions. However, many meme coins don't often have utility, such as being used to pay blockchain participants for doing work for the blockchain. For example,etheris use...
Of course, the valuations of traditional assets are also affected by these social factors. The difference is that meme coins offer little by way of productive activity. They add nothing to the economy. Occasionally, their leadership will build financial services around them, but these are generally...
This meant that if a squeeze did occur, the results could be devastating for the hedge funds and other players that had bet against GameStop. The high-risk stock-trading subreddit, r/wallstreetbets, which often focused on “meme stocks” like GameStop, saw to it that this is exac...
Growth marketing is a process of rapid experimentation, which in a way has to be “scientific” by keeping in mind that it is used by startups to grow, quickly. Thus, the “scientific” here is not meant in the academic sense. Growth marketing is expected to unlock growth, quickly and...
But Pixar’s page is meant to make the user smile, and they certainly accomplish that. By featuring the character Sadness from their movieInside Out, they make a joke about how frustrating it can be to land on the wrong page. Then people can use the main menu at the top of the page...
In other words, if the market is panicking and assets are selling off, you don’t want every asset in your portfolio going down at the same time. Digital assets might also provide a little bit of excess return potential for periods when stocks are flat or trading in a range. Wi...
The kids both wanted me to watch a particular fascinating YouTube deep dive on meme stocks (Part I is here,part II here), since we’ve been talking a lot at the dinner table about interpersonal predators and high-control groups. The mechanisms for enforcing conformity and draining of member...
Restrictions on trading in particular stocks bybrokeragesare rare, but they do occur. For example, in January 2021, Robinhood and Webull temporarily restricted investors from placing certain trades inmeme stocks.3 According to Robinhood,clearinghousesthat execute trades require a deposit from the broke...
But there is the sub-genre of meme games like Goat Simulator, I am bread, Surgeon Simulator and Viscera Cleanup Detail: Santa's Rampage. I think these can be fun short term, but they are mainly made for streamers/gaming youtubers who in turn make them go viral. Logged...