Dogecoin Explodes 1,100% in GameStop-Like Copycat Rally
Dogecoin (DOGE) underwent one of the quickest bull runs in the history of cryptocurrency markets, rising by more than 1,100 percent in just two days as a Reddit group "SatoshiStreetBets" called on ordinary traders to buy the meme-based token.
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Outside of the crypto space, people seem to hate non-fungible tokens (NFTs). At least, this is possible to assume when on social media platforms, or when stumbling upon a report by a mainstream media outlet. In the gaming industry, this animosity seems more pronounced. Related Reading | Dogecoin Explodes 1,100% in GameStop-Like Copycat Rally In […]
GameStop's stock drama has had a galvanizing effect on stocks, bitcoin and even dogecoin.
Fresh-faced memecoin, Dogecoin 2.0, has ruffled the feathers of the Dogecoin Foundation with its name. The Dogecoin Foundation has issued a statement distancing itself from a new copycat project called Dogecoin 2.0 (DOGE2), firing off legal demands that the new memecoin change its name.In a letter published Aug. 31st, the Dogecoin Foundation asserts it has engaged brand protection lawyers to contact Dogecoin 2.0’s developers in a bid to “protect the Dogecoin community from being misled and to protect the Dogecoin name from possible misuse.”Dogecoin 2.0’s website indirectly throws shade at....
At the end of May, crypto advocates discovered a website created by the video game retailer Gamestop. The web portal disclosed that Gamestop was entering the world of blockchain tech and non-fungible token (NFT) assets. Gamestop’s NFT web portal has recently been updated and is requesting creators to sign up for the platform. Gamestop NFT Website Hints at Upcoming Marketplace Launch Gamestop (Nasdaq: GME) has had an interesting year, to say the least. It all started at the start of the year in January, when the Reddit forum r/wallstreetbets sparked a Gamestop shares trading war....
The GameStop-galvanized "bear raid" by retail stock traders appears to have terrified Wall Street, but crypto-industry marketeers are salivating over the prospect of new customer leads, and more demand.