WallStreetBets are Hoping for Another GameStop Boom and it's All Down to NFTsby@pwsyme
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WallStreetBets are Hoping for Another GameStop Boom and it's All Down to NFTs

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One year on, the GME short squeeze was not just a 'meme stock', but motivated by Ryan Cohen's involvement and a will to prove the hedge funds wrong. In more recent weeks, r/WallStreetBets has been alight with memes imagining a second boom as GameStop is linked with plans to develop an NFT marketplace. After market manipulation allegations against Robinhood, it makes sense that retail investors would turn to the decentralised blockchain, but it is unlikely that GME can capitalise and experience a second boom.

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by Pete Syme @pwsyme.Still weighing up the probability of a metaverse. MA Journalism student
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