August 14, 2022

Image credit: New York Post

Mr Goxx, the crypto-trading hamster, has died

Mr Goxx, the crypto-trading hamster, has died. On Tuesday, the mouse, who rose to internet renown for his ability to consistently outperform human investors using a custom-built trading cage, died.

To his 18,000 Twitter followers, the furry financier’s official Twitter account confirmed the hamster’s death.

The hamster’s financial success and subsequent renown were the results of an experiment conducted by two German friends who sought to demonstrate the arbitrary nature of success in the digital currency sector.

Thousands watched Mr Goxx’s trading office, which was attached to his usual cage, on a Twitch feed. He was known for making decisions by spinning his “intention wheel” to choose the cryptocurrency he wanted to trade, then entering a purchase or selling tunnel on his office floor.

Every time he went through a tunnel, the electronics in his office completed the trade to Mr Goxx’s exact specifications.

On June 12, 2021, the teeny-tiny trader began his financial career. His portfolio was up 19.7% and he had gained roughly 98 euros in profit after his final day of trading on November 22.

According to recent calculations by crypto-news site Protos, the hamster’s latest financial statistics outperformed Warren Buffet’s, Berkshire Hathaway.

On a few occasions, Mr Goxx has even come out ahead of Bitcoin, the largest of the crypto-currencies.

Goxx Capital, on the other hand, was not a legitimate investment firm, and Mr Goxx’s human partners made it clear with each tweet that the hamster’s actions should not be considered investment advice.

A programmer and a lecturer, respectively, saw Mr Goxx as the face of a funny side project. Hundreds of people from all across the world have paid respect to the much-loved hamster’s service to the crypto community after his death was announced.