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I am really confused about the current stock meme trend.... (lemmy.ca)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 1 year ago (1 children)

Can you explain the premise? I never understood it and it was never properly explained anywhere

[–] [email protected] 4 points 1 year ago* (last edited 1 year ago) (1 children)

Memes go through varying stages of popularity. Some burn fast and die off. Some go through a typical cycle. Some are simply useful or relevant and never die off. The point of the sub was to scout new meme formats and guess what kind of lifespan they'd have.

[–] [email protected] 5 points 1 year ago* (last edited 1 year ago)

To add to that, a lot of it was emulating and poking fun at stock market trading, in this case the meme formats being a stock, and creating memes being "investing". For example, you could have a stereotype of some crazed investor yelling "BUY BUY BUY" as a meme format was becoming popular. It was silly fun and let people discuss meme trends in a novel way.