Gamestop Will Enter The Crypto Market With An Nft Platform And Its Own Token

by Coinworldstory

American Game And Console Retailer Gamestop Is Launching Its Own Non-fungible Token (Nft) Platform. Information About This Was Published In A New Section Of Her Website, The Block Drew Attention .

“we Are Putting Together A Team,” The Message Says. “We Welcome Outstanding Developers (Solidity, React, Python), Designers, Gamers, Marketers And Community Leaders.”

The Page Also Features The Ethereum Logo And A Link To The Smart Contract Under The Heading “Game On Anon”. Among Other Things, The Contract Code Involves The Release Of A Specialized Gme Token. This Is The Same Ticker That Gamestop Uses For Its Stocks In The Stock Market.

Gamestop Kicked Off The So-called “meme Stocks” Rally In February This Year, When Several Large Hedge Funds Suffered Serious Losses By Liquidating Their Short Positions After A Coordinated Purchase By Investors From Social Media. Today Gme Shares Are Up 18% Since The Opening Of The Trading Session. Trading Volume Amounted To 8 Million Shares And Exceeded The Previous 10 Sessions. Gme Securities Were The Most Talked About In The Investor Section Of Wallstreetbets On Reddit Over The Past Day.

“if The Rally Continues And We Are Indeed In For A Repeat Of The February Memes Explosion, Expect A Violent Spike In The Low-liquid Overnight Session Like It Did In Late January / Early February, Especially If One Or More Hedge Funds Are Caught Short Again And Have To Cover Them Up, ”writes Zerohedge.

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