Investor-focused social media platform Stocktwits was at the heart of last year's 'retail short squeeze' saga.
Stocktwits boasts of 6 million registered users and sees 5 million active users monthly. The new crypto trading option would allow users to trade directly from their profile and allow them to showcase their portfolio as well.r/wallstreetbets to short squeeze meme stocks in February 2021
, leading to billions of dollars in losses for hedge funds who bought millions of short positions against these stocks. The crypto community offered great support during the retail saga and asked several companies associated with it to integrate crypto as a protest against centralized bullying.The social platform until now was primarily focused on discussions between investors and traders along with other data tools.
The launch of the live crypto trading feature would help Stocktwits join the growing list of companies from the short squeeze saga that have integrated crypto-related services. AMC
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