Penny stocks are back.
This time it's literal.
Not financial advice.
$PENNY is a memecoin paired with tokenized $GME on Robinhood Chain. The most shorted stock in history on one side, one cent of pure conviction on the other. The papers warned you about penny stocks. So we made one you can actually hold.
The Lore
SEC. 01 · RECEIPTS ATTACHED"The SEC needs to take action over penny stock listings"
The number of low-price, highly speculative stocks on exchanges has exploded, harming investors.
Opinion · Markets Insight"Penny Stocks Are Booming, Which Is Good News for Swindlers"
Retail investors see the tiny companies as the next big opportunity after meme stocks and cryptocurrency.
Markets"The short squeeze heard around the world"
$GME was shorted over 100% of its float. Retail bought, held, and refused to sell. The shorts had to cover, and a video game stock went vertical. Then the buy button disappeared. Nobody forgot.
The saga · Jan 2021"Eat the Rich: The GameStop Saga"
They made a whole documentary about it: the subreddit, the diamond hands, the hedge fund that lost billions, the hearings. "I like the stock" entered history. We like the coin.
Docuseries · required viewingWhat is a short squeeze? Glad you asked.
Funds borrow shares of a company they think is dying and sell them, betting on the fall.
Holders buy and refuse to sell. Price rises instead of falling. Diamond hands engage.
Every tick up deepens their losses. Eventually they must buy back the shares they borrowed, at any price.
Forced buying meets no sellers. The chart goes vertical. That's the squeeze. That's the whole religion.
$GME is the most shorted stock in history for exactly this reason. Apes together strong.
The Numbers
SEC. 02 · SIMPLE ON PURPOSEHow to Buy
SEC. 03 · TWO WAYS INThe easy way
For normies- 1Download FOMO on iPhone or Android, or open it on web. Sign up with an email in about ten seconds.
- 2Fund with Apple Pay or card. No seed phrase, no gas, no bridge. FOMO is multichain and gasless.
- 3Search $PENNY or paste the contract address, type an amount, tap buy. That's it. You now hold a penny.
The onchain way
For degens- 1Get a wallet: Robinhood Wallet or MetaMask. Add the Robinhood Chain network (instructions in the official docs).
- 2Bridge some ETH to Robinhood Chain with Relay. You need a little extra for gas.
- 3Open Uniswap, select Robinhood Chain, paste the $PENNY contract address as the output token. Never trust a search result, only the CA on this site.
- 4Enter your ETH amount, set slippage to 2 to 5%, confirm the swap in your wallet. Done. Add $PENNY to your wallet to see it.
They watched the documentary. We lived the comments section.
EAT THE RICH.
TIP THE PENNY.
The old slogan was a protest against corporate power and rigged markets. Ours comes with a ticker. The penny points at one stock, the most shorted name on the tape, and lets the holders do the eating.
Meme Gallery
SEC. 04 · SPREAD THE PENNY
(community slot)