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As meme king releases crypto wallet, GME looks ready to charge at $130.

$GameStop (GME.US)$ GameStop stock is reacting very little to management's unveiling on Monday of its first branded cryptocurrency wallet. In fact, shares are down 1.2% in the premarket on Tuesday to $95.

GameStop's new crypto wallet, called the GameStop Wallet simply enough, allows gamers to use it directly in their browser extensions. The wallet is GameStop's first foray into being a technology company, according to superfan site GMEdd.com.
As meme king releases crypto wallet, GME looks ready to charge at $130.

The crypto wallet is still in its beta infancy and may be tweaked in the future but currently, it allows users to transfer assets and currencies on both Ethereum's Layer 1 and Loopring's Layer 2 platforms. The Loopring Layer 2 offers transaction fees as low as 0.1%.

Another use for the wallet is the storage of NFTs, which are often connected to digital gaming these days.
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