In the movieRise of the Planet of the Apes,the phrase “apes together strong” comes from one of the mutant chimpanzees fighting to overthrow an oppressive human society: a declaration that while individual apes might be cages, apes working in solidarity would find victory. The phrase quickly became an Internet meme and a rallying cry for the self-identified underdog, and a decade later it would become the catchphrase of a spectacular craze called meme trading, where small “retail” stock traders sought to manipulate the prices of certain stocks to punish firms and hedge funds they saw as exploiting struggling companies. This “stick it to the Man” populist mentality is represented in jaunty style on the 1 oz Copper Wall Street Bets Apes Together Round, now available from Provident Metals.
The Copper Wall Street Bets Apes Together Round marks the truly distinctive 21st-century meme trading craze with expertly-executed, irreverent artwork and design in pure copper. Provident Metals ships these rounds individually in plastic flips, and provides larger orders in tubes of 20 or boxes of 500. Each and every shipment is fully insured against any possible damage or loss.
A small boy wearing sunglasses and carrying large diamonds in each hand rides a symbolic rocket on the medallion’s face: a “little guy” trader riding the meme trading craze to riches. He’s accompanied by the inscriptions “Apes Together Strong” and “/r/WallStreetBets.”
The GameStop short squeeze, which originated with retail traders on the online Reddit forum /r/WallStreetBets, introduced the world to the idea of meme stock trading in 2021. An attempt to rally the populist power of the small individual trader to punish big firms who were short-selling the stocks of struggling companies, the short squeeze began with the rationale of rescuing a video game company that many in the community remembered with nostalgia, and eventually became an exercise in seeing how long the rally could be sustained. Using smartphone trading apps, the retail traders of Reddit helped to push GameStop’s stock to over thirty times its pre-squeeze valuation at one point, and meme trading became a sensation that continues to make waves to this day.
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|Orders over $199 Ship Free