GME Stock: What Are the GameStop (GME) Crypto Dividend Rumors .
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The cryptocurrency, appropriately called SQUID, surged as high as $2,861 before falling to $0 as of Monday, according to CoinMarketCap. The scam, which was reported by Gizmodo, is called a "rug .
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The Wall Street Journal published a report on Jan. 6 indicating that video game retailer GameStop ( NYSE:GME) is gearing up to launch a division centered on cryptocurrency and non-fungible token.
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The Grapevine, Texas-based company's shares surged by 24% to $163.50 in pre-market trading after The Wall Street Journal reported on GameStop's plans to establish partnerships with cryptocurrency.
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CNBC host Jim Cramer said Thursday that GameStop Corporation (NYSE: GME) could justify its share price by turning into a cryptocurrency play.
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GameStop Corp. GME -4.76% is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships, according to people familiar with its plans, pushing .
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GameStop (GME) NFT marketplace website updated with creator application form . Some GameStop investors and traders have also begun building positions in Loopring's cryptocurrency leading up to .
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Reddit users have been gossiping over the idea of a GameStop crypto dividend for months now. One user’s deep dive suggests GME can do the same thing that Overstock did, while escaping the legal.
GME stock has thrived because of a huge number of retail investors, but they might find cryptocurrency more attractive in the future.