Are hamsters the better traders? (Photo: Shutterstock.com)
The crypto currency Hamster Coin has increased by several hundred percent since Tuesday. The fault is the cute rodent Mr. Goxx and the richest person in the world, Elon Musk. Probably.
A few days ago the story about the cute crypto trader Mr. Goxx from Germany made the rounds internationally. The little rodent is causing a sensation because he buys and sells cryptocurrencies in his converted hamster cage called “Goxx Box” and performs better than the S&P 500 stock index or Warren Buffett’s investment holding Berkshire Hathaway.
Probably the cutest crypto investor in the world has been trading since June and has achieved an overall increase of around 20 percent so far. The world can watch him, because his activities are streamed live via the Twitch video platform. The multibillionaire Elon Musk also became aware of Mr. Goxx through the extensive reporting on his “person”. He tweeted in response to a tweet in which Dogecoin inventor Billy Markus had linked an article on Mr. Goxx:
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“Hamster has amazing abilities” is his statement, with which he of course humours Mr. Goxx Wanted to pay tribute. Many understood that. Markus also got in and wanted to give the little rodent “a hamster ball made of diamonds and gold”.
Elsewhere on the net, this enthusiasm could have been misunderstood. Because after the Musk statement, the hamster coin HAM shot up exceptionally strong. According to Coinmarketcap, it rose to $ 0.000000001721 after previously being around $ 0.000000000520.
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HAM was not completely unknown at this point in time. The altcoin had already received a small boost at the end of June when Twitter boss Jack Dorsey pointed it out in a tweet.
What we see here seems to be another example of this how tech billionaires can influence crypto rates with simple means, albeit – as in this case – unintentionally.
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