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2021-12-22

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GameStop Stock Set to Level Up With Adoption of Dogecoin and Shiba Inu Cryptos

Meme stocks and pupcoins are the peanut butter and jelly of investing — they go together so well. Th

GameStop Stock Set to Level Up With Adoption of Dogecoin and Shiba Inu Cryptos

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Th","content":"<p>Meme stocks and pupcoins are the peanut butter and jelly of investing — they go together so well. There’s no doubt that these two asset classes are colliding this year. Now, investors are seeing the assets combined in a way not seen before.<b>GameStop</b>(NYSE:<b><u>GME</u></b>), the monarch of meme stocks, is teaming up with a couple of pupcoins on payment options. GameStop stock, of course, is primed for gains from the news.</p>\n<p>The video game retailer is the genesis of a whole wave of retail stock trading, and almost nobody saw it coming. That is, nobody except for the dedicated member of Reddit’s r/WallStreetBets; these investors led a flock of buyers to GME through the year and pumped the stock’s value from $17 to a high of over $480.</p>\n<p>The success of the stock remains controversial; many institutional investors are downright certain that GME’s fundamental value is far lower than where it trades currently. Retail traders aren’t backing down.</p>\n<p>At the same time, GameStop is working very hard to mount a compelling turnaround and both satisfy skeptics and pull through for its supportive believers. Beginning with&nbsp;<b>Chewy</b>(NYSE:<b><u>CHWY</u></b>) co-founder Ryan Cohen, the company is&nbsp;adding new members&nbsp;to its board and exec team&nbsp;left and right. It is also apparently making efforts to become a play on burgeoning technologies like&nbsp;non-fungible tokens (NFTs) and Web 3.0.</p>\n<p>GameStop Stock: GME Adds Support for Shiba Inu Crypto and Dogecoin Through Flexa Partnership</p>\n<p>The company is continuing to bolster its offerings today with some exciting news for crypto traders. That’s because GameStop will be adding support for a group of crypto payments, including&nbsp;<b>Shiba Inu</b>(CCC:<b><u>SHIB-USD</u></b>) and&nbsp;<b>Dogecoin</b>(CCC:<b><u>DOGE-USD</u></b>). Investors are lauding the announcement as a big win for GameStop stock.</p>\n<p>Dogecoin and Shiba Inu are two of the most wildly popular cryptos of the year; this comes after both currencies saw massive price jumps. Now, users of the&nbsp;<b>Flexa</b>&nbsp;crypto payments app will have the opportunity to use these currencies to pay for goods at GameStop locations.</p>\n<p>The official Flexa Twitter account made the&nbsp;announcement early last week&nbsp;that GameStop will be one of the newest partners for its app. Indeed, using Flexa, users can seamlessly transact at any of its partners’ locations using crypto. Alongside DOGE and SHIB, users can pay with cryptos like&nbsp;<b>Bitcoin</b>(CCC:<b><u>BTC-USD</u></b>) and&nbsp;<b>Litecoin</b>(CCC:<b><u>LTC-USD</u></b>).</p>\n<p>This news is a big win for GameStop; indeed, many investors want places to spend their crypto holdings. And, just as many investors want opportunities to give GameStop their business. As such, this news is largely bullish for both crypto buffs and GME holders.</p>\n<p>GME is up&nbsp;0.62%&nbsp;today.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Set to Level Up With Adoption of Dogecoin and Shiba Inu Cryptos</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Stock Set to Level Up With Adoption of Dogecoin and Shiba Inu Cryptos\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-22 10:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/12/gamestop-stock-set-to-level-up-with-adoption-of-dogecoin-and-shiba-inu-cryptos/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks and pupcoins are the peanut butter and jelly of investing — they go together so well. There’s no doubt that these two asset classes are colliding this year. Now, investors are seeing the ...</p>\n\n<a href=\"https://investorplace.com/2021/12/gamestop-stock-set-to-level-up-with-adoption-of-dogecoin-and-shiba-inu-cryptos/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/12/gamestop-stock-set-to-level-up-with-adoption-of-dogecoin-and-shiba-inu-cryptos/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196005381","content_text":"Meme stocks and pupcoins are the peanut butter and jelly of investing — they go together so well. There’s no doubt that these two asset classes are colliding this year. Now, investors are seeing the assets combined in a way not seen before.GameStop(NYSE:GME), the monarch of meme stocks, is teaming up with a couple of pupcoins on payment options. GameStop stock, of course, is primed for gains from the news.\nThe video game retailer is the genesis of a whole wave of retail stock trading, and almost nobody saw it coming. That is, nobody except for the dedicated member of Reddit’s r/WallStreetBets; these investors led a flock of buyers to GME through the year and pumped the stock’s value from $17 to a high of over $480.\nThe success of the stock remains controversial; many institutional investors are downright certain that GME’s fundamental value is far lower than where it trades currently. Retail traders aren’t backing down.\nAt the same time, GameStop is working very hard to mount a compelling turnaround and both satisfy skeptics and pull through for its supportive believers. Beginning with Chewy(NYSE:CHWY) co-founder Ryan Cohen, the company is adding new members to its board and exec team left and right. It is also apparently making efforts to become a play on burgeoning technologies like non-fungible tokens (NFTs) and Web 3.0.\nGameStop Stock: GME Adds Support for Shiba Inu Crypto and Dogecoin Through Flexa Partnership\nThe company is continuing to bolster its offerings today with some exciting news for crypto traders. That’s because GameStop will be adding support for a group of crypto payments, including Shiba Inu(CCC:SHIB-USD) and Dogecoin(CCC:DOGE-USD). Investors are lauding the announcement as a big win for GameStop stock.\nDogecoin and Shiba Inu are two of the most wildly popular cryptos of the year; this comes after both currencies saw massive price jumps. Now, users of the Flexa crypto payments app will have the opportunity to use these currencies to pay for goods at GameStop locations.\nThe official Flexa Twitter account made the announcement early last week that GameStop will be one of the newest partners for its app. Indeed, using Flexa, users can seamlessly transact at any of its partners’ locations using crypto. Alongside DOGE and SHIB, users can pay with cryptos like Bitcoin(CCC:BTC-USD) and Litecoin(CCC:LTC-USD).\nThis news is a big win for GameStop; indeed, many investors want places to spend their crypto holdings. And, just as many investors want opportunities to give GameStop their business. As such, this news is largely bullish for both crypto buffs and GME holders.\nGME is up 0.62% today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":943,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":15,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}