How to Buy Crypto Hamster and Why You Shouldn’t

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To see how irrational the crypto markets can be, look no further than HAM crypto. HAM is the ticker for the Hamster Coin cryptocurrency. It’s a largely worthless token with a maximum supply of ten quadrillion. In contrast, there is approximately $ 40 trillion in US currency in circulation. And money in the form of investments, derivatives, and all cryptocurrencies equals about $ 1.3 quadrillion. This is why the HAM crypto is worth $ 0.000000000716 … to a few decimal places.

But the really crazy part is that this mostly unknown coin has climbed over 450% in a matter of days. Before last weekend, no one was really paying attention to the HAM crypto. Hamster Coin was apparently a small project with a group of loyal but modest followers. Then came the news of a gifted crypto investor… who happened to be a hamster.

Without going into detail, a hamster named Mr. Goxx (a nice nod to the old crypto exchange) has sort of learned how to trade a small wallet of cryptocurrencies. Whoever takes care of Mr. Goxx, sets up a desk with a series of exercises that trigger crypto transactions. First of all, the hamster runs on the wheel of intentions. This helps him choose which crypto to trade. And when the token is chosen, the naughty rodent goes through one of the two decision tunnels. This determines whether said crypto should be bought or sold.

It’s a cute gadget that has racked up over 9,000 followers on Twitch. You can check out his feed here. But recently it emerged that Mr. Goxx was more than an average trader …

HAM Crypto Gets A Bargain From Mr. Goxx

Over the weekend, it emerged that Mr. Goxx was not your average investor. In a few months, Mr. Goxx’s portfolio has grown by 24%. Not too bad. It turned out to outperform the S&P 500. And word of rodent skills quickly spread. The first place we saw it was on Markets Insider. Then the story gained weight and made the rounds on Reddit and Twitter.

What would have made perfect sense was that the story came and went quickly. Some laughs were had. Maybe Mr. Goxx ends up with a few more followers. And most likely, some hints at Buton Malkiels A Random Walk Down Wall Street would be made. But that’s not all that happened … Mr. Goxxs’ agent deserves an award.

Apparently enough word of mouth about the story has led to a massive increase in searches for crypto hamster on Google. As you can see below, this was a pretty big spike:

The kicker, however, is that Mr. Goxx did not get the best bill from Google. And some HAM crypto has garnered a lot of attention. As interest in Hamster Coin increased, the BBC picked up on the story as well. And it landed in Elon Musks’ Twitter thread. To which he replied:

Hamster has a crazy skillz !!

Elon Musk (@elonmusk) September 28, 2021

And a trend was born. A few hundred retweets and thousands of likes later, people stopped searching for HAM crypto on Google. Now they wanted to know how to buy hamster crypto. Well, if you really want to know, here’s the deal …

How to buy Crypto Hamster

If you have a few dollars burning a hole in your crypto wallet that you’d rather part with, head over to PancakeSwap. Well even throw a link here. Then you will need to connect your wallet. If you have Binance Coins, deposit them there and create an exchange for Hamster Coin. Bada bing, bada boom.

That being said, we really suggest that you review the HAM Crypto Whitepaper before investing any of your hard-earned cryptos in Hamster Coin. If you still like what you see, go for it. And good luck on your trip to the moon.

It’s really hard to imagine a trend like this that lasts longer than a few hours… let alone a few days. But the crypto markets come and go with the latest headlines. A few more tweets from Musk and maybe a Mark Cuban to boot and who knows. Maybe entertainment facilities in Paraguay will start to accept it too. Then all bets are off.

The result on HAM Crypto

It doesn’t take much to move the crypto markets. Especially when an unknown token starts to get a lot of attention, accidentally or not. And with the crypto markets largely slumped, it seems people were just hungry for entertainment. Well, they got it. And hopefully a handful of the early HAM crypto investors were smart enough to come out when the get was right. Because for all intents and purposes, it looks like Hamster Coin has run its course.

If you are looking for crypto advice outside of the chordata phylum, we suggest you sign up for Manward Financial Digest. In it, crypto expert Andy Snyder helps guide investors to next-gen cryptocurrencies that actually serve a purpose. As adoption skyrockets, the value of tokens will revolutionize the impact of blockchain technology. If you would like to participate earlier, just enter your email address in the box below to get started.

About Matthew Makowski

Matthew Makowski is Senior Research Analyst and Writer at Investment U. He has studied and written about the markets for 20 years. As comfortable with identifying value stocks as he is with discounts in crypto markets, Matthew started mining Bitcoin in 2011 and has since focused on cryptocurrency markets as a whole. He is a graduate of Rutgers University and lives in Colorado with his dog Dorito.

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