Meme dollars
Life changing money has been made.
Life breaking money has been lost.
But as Fred says here https://avc.com/2021/06/meme-investing/
Its our job as investors.
Traders.
To understand the new market dynamics.
“But more than that, and this is where my head has been going on this topic, the market caps of these memes are also economically powerful. If the board and management teams of the companies with meme stocks choose to issue more shares at these prices, they can raise a lot of capital to transform these companies. Similar opportunities could exist with meme tokens. AMC recently did this with their meme stock.”