GameStop stock is pumping the Wall Street bet is back are we going to see a Crazy meme stock Mania and what does This mean for the overall crypto Market Specifically the meme coin Market Welcome back to the 99b YouTube channel I your host Umar Khan today we're taking A look at what's going on with GameStop We also see a brand new GameStop token On the salana network and a preal gym That you're absolutely not going to want To miss out on now before we start the Video I want to ask if you haven't Already make sure you smash the Subscribe button down below as it helps Out the channel tremendously and will Help you reach your 2024 crypto goals And remember none of this is financial Advice as I am not a financial adviser Always always your own research and due Diligence before investing any of the Projects we cover on this channel now Let's take a look at what's going on in The overall crypto Market crypto market Up 5% on the day Bitcoin soaring to $66,000 which is absolutely phenomenal In terms of the fear and greed index We're sitting at a 52 so it kind of Hasn't moved that much in the past week Or so but we are seeing Bitcoin on a Bullish momentum rally can we see Bitcoin break alltime highs again quite Possibly but today we're talking about GameStop as you can see the GameStop
Stock is trending again currently Trading for $40 USD I believe the Markets just closed or they're about to Close in a couple minutes right now at The time I'm filming this video we see On the past 6 months it s it's soared up To 215% there looks like there is a bit Above selloff now if you're not familiar The reason why the stock is pumping Right now is because a lot of the retail Investors are fighting these greedy Hedge fund Wall Street guys and Basically they're shorten the stock so People are buying it to make sure they Intentionally lose money so far they Lost billions and billi ions of dollars Hence the price is pumping but obviously There's some paper hands where they're Obviously taking some profits which was Anticipated to see now if we look in the Max guys we see a one point GameStop Pumped all the way up to $81 uhar and I Believe if I'm not mistaken the stock Was splitz from my memory I thought it Soared much higher than $80 so there's a Great chance this stock was split now What's causing this to pump we see Roaring KY returns sending mem stops at GameStop to Surge once again talking About Surge and talking about stocks and Cryptos to get into I want to quickly Highlight Doge verse the train traveling Dogecoin token guys this token is on Available on six different chains so the
World's first chain traveling Doge Doge Goes multi-chain on ethereum binance Polygon avac coinbase and also salana And their live on all the networks this One has crazy utility it also has staken As well so you can earn passive income On your tokens at 56% apy which is Absolutely ridiculous they raised over $15 million in the past 4 to 5 weeks Which is AB abolutely insane they're Growing a community rapidly fast on Twitter as well with over uh 177,000 Followers this is growing rapidly fast You absolutely don't want to miss out on This token this one's going to go Absolutely parabolic if you want to grab A bag I'm going Link in the description Below solid road map Sol tokenomics Everything we like to see in a project Very simple to buy if you're interested In grabbing a bag make sure you check it Out Link in the description below but Back to GameStop what's going on Roaring Kitty returns AMC Blackberry among Companies have caught up in this surge The man of at the C center of the Pandemic mem stock craze appeared online For the first time in 3 years setting The price of three quickly invol tile Shares sharply higher on Monday uh Keith Gil better known as roren Kitty posted An image Sunday on social media platform X formerly known as Twitter of a man Sitting forward on his chair a meme used
By Gamers when things are getting Serious he followed that post with a YouTube video uh from years before where He championed the in the company GameStop saying that that that's all for Now cuz I'm out of bread FY FYI here's a Quick 4minute video I put together to Summarize the gme bull case so obviously He's back after 2 years and he was kind Of the reason why GameStop pumped in the First time originally so he's back he Sees some new signs and this is causing GameStop to go in a bullish directions We can also see GameStop shares declined As meme rallies lose momentum now my Personal opinion this could just be Hedge funds paying these articles to Talk bearish about it to cause it to Dumb again obviously this is just my Personal opinion uh but you can Obviously take a look at both sides Neither saying to ape or sell anything Now I also saw on the trending tab that GameStop gme token is trending they have A market cap of $134 million or looks Like $80 million as this project is Dumping is this a scam is this legit I Don't know all we know is it's a salon Theme token uh wall sucks. L uh Wall Street can't stop us so they're just Creating this whole meme coin uh to kind Of I guess suck it right on salana you Get a price if you're not interested in Buying stocks you buy meme coins and
This is a trend we're going to see People see something trending in IRL and They decide they want to make a meme Coin a meme stock about it and that's What we got this gme currently trading For almost 2 cents which is not too Shabby I imagine this could continue to Rally up this could continue to pump so Keep your eye on it however I haven't Personally done any research or due Diligence on this project so please take A deep dive before investing a dollar This is definitely not by GameStop by Any means necessary this is just a memec Coin Community uh GMA community coin on Soul parody of GameStop so it's a parody Token uh there could still obviously be Good in this and obviously there could Be some ill intent as well regardless Always do your only du diligence before Investing any money in the cryptos we Cover on this channel that pretty much DRS the video If youj watching videos Like this make sure you smash the Subscribe button down below as it helps Out the channel tremendously and until Next time it's your by Omar peace [Music]