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All of us who follow the events in the crypto world, are familiar with last week's events on the crypto market. Apart from the fact that a real confusion was made with the actions (tokens) of the game stop store, there was also a very interesting event with DOGE coin. The whole story started with a few tweets of celebrities who started an avalanche of money trading. All this would be nothing strange or worth a deeper analysis if a new category of traders had not appeared in the whole story.
Crypto markets are certainly interested in attracting an increasing number of users and merchants, which is no secret, because the more massive the story, the better it will be for all participants and that is not in dispute. However, somehow from the shadows, all those markets were approached by generations from whom this was not expected. Namely, it is becoming more and more known that children aged 12 to 14 have started to enter the world of crypto markets more and more.
I found out all this quite unexpectedly today during a class I was teaching to children of that age. I noticed some unusual commotion with them, even though they are very careful in my classes, so I asked them what it was about. And then they explained to me that they were tracking the price of a dog coin and that they expected it to fall in order to buy them, because they sold at a good price yesterday.
Honestly, even after some 6-7 hours since then, I still don't know what to think about it and whether it's good or bad for those young children. In class, I tried to explain to them how it all works and that it is all a game in which in order for someone to win, someone has to lose and be very careful and not expect to get rich overnight.
They thanked me for caring for them, and told me that now a large number of their peers around the world are interested in this story, thanks to Tik Tok and Twitter, where the future of all cryptocurrencies is very positively talked about and the Doge coin is especially emphasized. and recommended for purchase.
All this trend that has emerged in children of this age is certainly partly caused by the current situation around the pandemic, so they were forced to transfer a large part of their activities to the virtual world.