0/ Last week when the $DOGE pump happened I was wondering who were the TikTokers who participated in it.
Today I had two friends and their families over for BBQ. They have kids under 21 and the kids all took part in the $DOGE pump, so it was a global phenomenon.
Today I had two friends and their families over for BBQ. They have kids under 21 and the kids all took part in the $DOGE pump, so it was a global phenomenon.
1/ The kids had no idea what $DOGE was. They just heard everyone talk about it on TikTok and joined the party. Both kids even pitched their parents on $DOGE as an investment idea.
2/ Surprisingly my friends (who have not invested in crypto) were supportive of their kids putting money into $DOGE even though they had no idea what it was, figuring this was a good way for the kids to develop an interest in investing. One even opened a Binance account to trade.
3/ Both kids lost money in the end when $DOGE crashed back down, but hopefully these kids retain their interest in crypto. Maybe this will motivate them to do their own research next time and hopefully they invest in something that makes money.
4/ While it may seem frivolous $DOGE might actually be the way many teenagers and young adults find their way into crypto.
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