German Hamster Crypto Wallet Hitting the Market – Cryptoactives

Since June, a German hamster named Mr. Goxx has been running an independent wallet that trades cryptocurrencies. And it does it from its high-tech cage called the Goxx Box, as CNN Business tells us. Its portfolio covers a wide range of digital currencies, including tron, ethereum and bitcoin.

Mr. Goxx trading sessions are broadcast live on Twitch. First, the hamster runs on a “wheel of intent”, which spins and selects a cryptocurrency. It then rushes into the “buy” tunnel or the “sell” tunnel, triggering buy or sell orders in the equivalent of about 20 euros of that digital currency.

Mr. Goxx’s human partner, who presumably runs the trades, prefers to remain anonymous but places buy and sell orders on the social network Twitter and the Reddit community.

In an interview with the Protos website, which focuses on the world of cryptos, the “human” behind the hamster says that this selection of digital coins has not yet earned enough money to pay for Mr. Goxx’s high-tech digs, which include one desk with computer monitors made of wood.

Last Saturday, the hamster’s performance was up more than 16% since it began trading in June, according to Protos data — “an impressive feat for anyone, let alone a rodent,” CNN stresses.

This return is now higher than that of Bitcoin, the S&P 500 and the Berkshire Hathaway of investor Warren Buffett. In the same period, bitcoin and the S&P 500 rose by around 14% and 5%, respectively. Berkshire shares fell 2%.

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“Mr. Goxx is happy to see that some of his investments are finally paying off,” his human partner told Protos.

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