Mr Goxx, Crypto-Trading Hamster That Outperformed Warren Buffet, Has Passed Away

The cryptocurrency trading hamster whose record outbid stalwarts on Wall Street like Warren Buffet passed away on November 24.

Mr Goxx

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The hamster named Max died due to a minor renal failure. Its human parents, who chose to remain anonymous, revealed on Mr Goxx’s official Twitter handle that they managed. 

They said, “Being with us as a pet for quite a while, he became famous out of nowhere. Mr Goxx has brought joy to people all across the globe and reminded us not to take life too seriously. He shed light into dark moments of pandemic, inflation and many kinds of trouble.”

We feared this day like no other and are truly shocked for it to happen just now.

In deep sorrow, we have to announce the loss of our beloved furry friend.

— Mr. Goxx (@mrgoxx) November 24, 2021

  

Talking about his cause of death, they revealed that there were no signs of serious illness, apart from some kidney issues. He had a normal appetite until Sunday, he then suddenly refused to eat and fell asleep peacefully on Monday morning.

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The hamster had become popular after his owner decided to turn his day-to-day actions into real trading as a joke, to emphasise how the hamster randomly achieved success. In fact, in September his crypto portfolio went up 24 percent in a day, blowing past the S&P 500 and Warren Buffet’s Berkshire Hathaway in the same period.

Mr Goxx

The human parents of the hamster had even designed a tiny trading desk for him in an office space made out of wood dubbed the Goxx Box. The hamster would choose what he wanted to trade by running his wheel, which ran a computer program that would pick the option of his choice, and later he had the option of picking one of the two tunnels — buy or sell — and exiting through one of them would confirm its choice. 

The whole process would be broadcast on Twitch every time he would enter the tunnels, with an automated tweet sent to its followers on Twitter. Moreover, the trading was done via the help of software scripts on a computer and microcontroller that randomly picked appropriate actions, eliminating any human involvement whatsoever. 

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Mr Goxx

The top three holdings for Mr Goxx were Stellar, Ethereum and Chillz. In fact, Goxx’s parents sold Goxx-Capital themed NFTs where they made over $12,000. The funds were used to diversify the trading portfolio as well as make a better trading setup for Mr Goxx.

Concluding their statement on Twitter, Goxx’s parents said, “For us humans behind Goxx Capital, the situation is hard to grasp and questions about a possible continuance of the project are not relevant to us at the moment (for now, we will leave everything as is). Thank you and rest in peace, Max (a.k.a Mr. Goxx). You will be missed, and your memory will live forever on the blockchain.”

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