Bored Crypto Traders Seek Thrills in Unofficial GameStop Memecoins, Prices Skyrocket from 200 kb Watch Video
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⏲ Duration: 0:39 👁 View: 435K times ✓ Published: 16-May-2024
Description: Crypto traders have invested in unofficial GameStop memecoins like GameStop on Solana due to increased boredom in the current crypto market conditions. The price of the Solana-based memecoin GameStop, which is not affiliated with the company, rose over 2700% in the last two days. The price of GameStop stock also increased by over 200% during that period. Overall, the market remains sluggish, leading traders to chase short-term price trends for excitement. Traders are chasing short-term narratives like the GameStop stock surge rather than having confidence in the overall crypto market.