Meme Coins See Sharp Sell-off as GameStop Losses Extend | Chart of the Day

Popular

Losses in GameStop (GME) shares have spread to meme tokens that tend to mirror the stock’s movements. The Solana-based meme token GME, which parodies the company, slid more than 10% on the day. Related tokens like Roaring Kitty and other cat-themed tokens lost an average of at least 5%, according to data tracked by CoinGecko. CoinDesk’s Helene Braun presents “Chart of the Day.”

#cryptocurrency #digitalfinance #finance #bitcoin #crypto
Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1

Site: https://www.coindesk.com
Twitter: https://www.twitter.com/coindesk
LinkedIn: https://www.linkedin.com/company/coindesk/
Instagram: https://www.instagram.com/coindesk
Facebook: https://www.facebook.com/CoinDesk
Newsletters: https://www.coindesk.com/newsletters

CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP
Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE

CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.

Latest