Nintendo fans are having a blast joking about how Animal Crossing helped a group of investors cause havoc in the stock market. Gamestop’s share prices are though the roof as one group of investors hatched an idea to save the retailer. A hedge fund had been plotting on the demise of the company, but they never expected a group of retail investors to thwart them. Now, gamers all over are laughing at what a mess has been made for some of Wall Street’s wealthiest traders. Animal Crossing has had Turnip trading for a little while now, and there was a massive rush to understand it when the game launched in the spring of last year. The fluctuating prices and understanding how to get in and out of the market was an easy way to make a killing in the game. Some believe that cutting their teeth on Daisy Mae’s turnip exchange could have led to what we’re seeing today.
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Wall Street: How could they possibly manipulate the stock market system???
— Julie Eyer (@in_the_eyer) January 27, 2021
Everyone who played Animal Crossing during quarantine: pic.twitter.com/z8v8AZRLBL
On Reddit, hopefulls are constantly trying to game the Stalk Market. One intrepid software engineer that helps run Turnip Traders, a site that functions like eBay, told Inverse how the entire thing was created to solve a problem. Devon Bernard knew that there was an interest in this stuff and capitalized.
“My girlfriend is a big Animal Crossing fan. She was trying to use subreddits for trading, but it was really inefficient,” he explained. “[So I] brainstormed some ways to make it more effective, [like] allowing hosts to update listings, make lines, only share code when up-next/invited, allow people to join lines without tracking extra codes, prevent bots with CAPTCHA.”
“The response has been crazy awesome,” he said. “As soon as we posted it, [so] many people [were] trading and reporting it [worked] much smoother than anything else they’ve tried. We’ve been flooded with feature requests, but are working nearly round the clock to complete them.”
One big meme
Man I still have “Turnips” muted from back when y’all were spamming about the Animal Crossing stock market every day and now IRL is an even bigger meme pic.twitter.com/vjs4YK9iVV
— Clayton Raines (@CaptainFlowers) January 27, 2021
LOL amazing
okay i bought some stalks what now pic.twitter.com/kCSjdbjX5s
— Brenna Duffitt (@brennadactyl) January 27, 2021
Neopets did it too!
once upon a time the Neopets Stock Market (aka the Neodaq Index) set stock prices based on how certain items/shops were doing
— Claire McNear (@clairemcnear) January 27, 2021
then Neopets users started banding together to mass purchase items and boost prices. it broke the Neopets economy and now Neopets stock prices are random pic.twitter.com/ObqEW5btRV
Probably so!
i think if we just explained the stock market in animal crossing turnips terms we would all have a better time and a better understanding of it all
— 🐻❄️⁷ (@shookytwts) January 27, 2021
Undoubtedly true
Animal Crossing turnips walked so GameStop stock could run
— Mike Hamilton 🎄☃️ (@MtHamiltron) January 27, 2021
Time is a flat circle
Drawing a straight line from the people that cornered the Animal Crossing turnip market to the GameStockers
— Brittani Nichols (@BisHilarious) January 27, 2021
Good to go!
I don’t know anything about Magic finance but I did make 3,000 Bells selling turnips for the first time on Animal Crossing this morning, so, now I just have to figure out how to transfer those skills and I’m set, baby.
— @Magic_Arcanum (@Magic_Arcanum) January 26, 2021
Just a wild week
Turns out all people needed to rip apart the stock market was several months of practice in Animal Crossing.
— 🦈 Shark Girls Lift Better 💪 (@CarhinaShark) January 27, 2021
