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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Markuri33 on November 04, 2021, 01:02:22 AM

Title: Loopring's Ethereum Token Surges on Rumors of GameStop NFT Alliance
Post by: Markuri33 on November 04, 2021, 01:02:22 AM
Loopring's token is up more than 200% over the last week on reports that the Ethereum scaling solution will power GameStop’s NFT marketplace. We’ve already seen what happens when meme stock momentum propels GameStop’s share price, given the early-year short squeeze phenomenon. Now, we’re seeing how a potential association with GameStop can send an Ethereum token’s price soaring, as well.

Recently, GameStop stock enthusiasts have uncovered purported details suggesting that the retailer will tap Loopring’s Ethereum scaling technology for its upcoming NFT marketplace. Over the last week, as the rumors spread, Loopring’s Ethereum-based LRC token has skyrocketed in price.more information (https://decrypt.co/85199/loopring-price-gamestop-ethereum-nft)