JulianMackie wrote a post · May 25, 2022 16:26

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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Talklili : this is in relation the the Reverse Repo Market.
it’s insane that when the counterparties receive their treasury securities from the NYFed it immediately gets added to their balance sheet, yet still stays in the Feds balance sheet absolute fraud

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JulianMackie OP Talklili :

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