BREAKDOWN: TikTok Doge Is Everything About 2020 Finance In One Story

This episode is sponsored by Bitstamp and Crypto.com.

What’s old is new again!

What happens when you combine a mostly hibernating memecoin with the world’s most powerful (and controversial) meme platform, and throw in a new generation of daytraders that have become convinced that they can drive the price of anything up? 

The great TikTok Doge pump of 2020, of course. 

In this episode, NLW breaks down:

The history of DogecoinHow TikTok became one of the most popular, influential, and controversial apps in the world Why the r/WallStreetBets, Davey Day Trader Global Global, and Robinhood Rally day trader movement perfectly set up this pump How #TikTokDogecoinChallenge began to trend What has happened to Dogecoin since the trend startedWhy this all makes a weird sort of cynical sense

Excerpts/Clips in this episode

Rockefeller StreetSavage Love Roses Old Town RoadDave Portnoy talks tradingLet's Get Rich - Doge on TikTokkindashortidiot - More Doge on TikTokVirtualBacon - Doge realism on TikTok

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