Posted 2/2/2024, 6:31:47 PM
GameStop-Inspired Meme Coin Crashes Over 50% After Brief Price Surge
- GameStop-inspired meme coin GME on Solana plunged 52% after rapid rise to $0.012
- Launched less than a week ago, GME coin not affiliated with the GameStop company
- GME multiplied in value as traders caught wind and started buying the meme coin
- Price echoes GameStop stock, which skyrocketed in 2021 before gradually declining
- Coin's crash comes as GameStop plans to close NFT marketplace over regulatory uncertainty