🐹 How the Little Guys knocked down Wall Street. Part 2

Reddit was jubilant — in late January 2021, the price of one share of the gaming retailer was around $360, which, given the $4 per share price in January 2020, signified a 9000% increase over a year 🤯

The r/wallstreetbets community grew to 8 million subscribers and was celebrating victory, when suddenly...

At the height of the battle between Redditors and the moldy funds, the popular private trading service #Robinhood blocked the ability to buy #GameStop shares. The problem was that Robinhood was the main platform for investing in GameStop because it positioned itself as a free service for ordinary people. However, it turned out that Robinhood's real earnings were not from transaction fees but from selling data about its users' behavior to large brokers and traders. So, as soon as the flash mob with the stock pump got out of hand, Robinhood decided to protect its real clients and shut down the party.

And now we smoothly transition from the stock market confrontation to the cryptocurrency market. After the events with GameStop, the same Robinhood stopped trading #Dogecoin when the meme cryptocurrency just started getting pumped. It was with the support of the crypto flash mob by the admin of the r/wallstreetbets community that Doge's value soared by 1000% in a day.

That admin was Jamie Rogozinski (not to be confused with Rogozin). Yes, the same legendary "revolutionary" who earned $48 million from the GameStop pump, and whose Twitter recently came back to life, causing a stir in the entire community.

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