For crypto enthusiasts, there was the “gm” app, a self-described “meme app” which only allowed users to greet each other with “gm,” or “good morning,” a common acronym thrown around on Crypto Twitter and Discord. But the gm app was shut down back in September after a hacker reportedly gained access to user data. There have been several contributions to the group with members posting voice notes of screaming, yelling, groaning, and wailing in different rhythms and pitches. Calling out the “degenerate” community or the crypto obsessives that engage in high-risk trading, Co-founder of NFT renting protocol Rentable World emiliano.eth shared this group on his Twitter. He wrote: “hey degen, are you stressed? Just let it out all out. Voice only tg channel for screaming”. The group’s featured image is of a Pepe frog yelling, often referred to as the “REEEEEEE” meme. Pepe the Frog was created back in 2005 by Matt Furie and has since become an internet symbol for meme culture and “degen” culture. Users are more open to new information on workdays rather than weekends. Just at this time, Bitcoin and the broader crypto market have dropped to new 2022 lows. The Bitcoin price has tanked 10 percent dropping to $20,000. On the other hand, the altcoin space is witnessing even more brutal correction. Bitcoin has dropped nearly 60 percent year-to-date and more than 70 percent since its all-time high in November 2021.
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