$GOUT
$NVDA.US
#KoreaSingleStockLeveragedETFTradingFalls #VietnamPilotsCryptoAssetMarket #GoldFalls3.24%ThisWeek #VenezuelaUSSign25YearOilDeal #TrumpReachesVenezuelaOilDealOn17Fields What are the upcoming meme coin wars in crypto? Traders want coins that can move real stock prices
There are now at least 10 meme coins being traded against GameStop stocks, tokenized from Binance.
Binance says that each tokenized share is backed by a real share held by a custodian.
All the tokenized GameStop shares on the blockchain equal $5.3 million for a company valued at $8 billion.
Binance says traders are asking for a digital currency that can move the price of a real stock. The closest to that so far is on the BNB network, where meme coins are currently trading directly against tokenized GameStop shares.
Binance said each tokenized share it issues is backed by a real share held by a custodian.
Tokenized GameStop share turns into a meme coin
A coin called memestock trades against GMEB, which is Binance’s tokenized GameStop, in a pool created on PancakeSwap on August 12. The pool has more than $200,000, and the trading volume reached $543,000 in one day.
$NVDA.US
#KoreaSingleStockLeveragedETFTradingFalls #VietnamPilotsCryptoAssetMarket #GoldFalls3.24%ThisWeek #VenezuelaUSSign25YearOilDeal #TrumpReachesVenezuelaOilDealOn17Fields What are the upcoming meme coin wars in crypto? Traders want coins that can move real stock prices
There are now at least 10 meme coins being traded against GameStop stocks, tokenized from Binance.
Binance says that each tokenized share is backed by a real share held by a custodian.
All the tokenized GameStop shares on the blockchain equal $5.3 million for a company valued at $8 billion.
Binance says traders are asking for a digital currency that can move the price of a real stock. The closest to that so far is on the BNB network, where meme coins are currently trading directly against tokenized GameStop shares.
Binance said each tokenized share it issues is backed by a real share held by a custodian.
Tokenized GameStop share turns into a meme coin
A coin called memestock trades against GMEB, which is Binance’s tokenized GameStop, in a pool created on PancakeSwap on August 12. The pool has more than $200,000, and the trading volume reached $543,000 in one day.
