I think GameStop, NFT and Crypto is a way for millennials to try to fight back against the old money / old guard (i.e, Boomers). These days even if you work in a FAANG company it is still a struggle to have a place in places like SF/NYC/Seattle. Not to mention student debt. Desperate millennials that see the reality that their paycheck is just gone for paying rent seekers and will never own anything in their life decided to "YOLO" and who knows, might be able to turn back the situation in their favor.
How are we supposed to get a mortgage? If during this pandemic where some housing prices go down but got snatched by Boomers for another investment.
Crypto it is.