The cryptocurrency market has witnessed some strange occurrences, yet even it seems hard-pressed to find an episode as genuinely surreal as the one involving the meme coin STONKS in January 2025. A shout-out from the official X (formerly Twitter) account of the Nasdaq stock exchange sent the token’s market value rocketing to a staggering $80 million. But this weirdness was just getting started, as it turned out that the Nasdaq’s X account had been hacked. After this calamitous event, STONKS plummeted to earth and very nearly suffered a total loss of its market value. The STONKS community wouldn’t let the
The post Nasdaq’s X Account Hack Sends STONKS on a Wild Ride, Community Revives the Meme Coin appeared first on The Merkle News.
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In 2021, the subreddit forum r/wallstreetbets, also known as Wallstreetbets (WSB) became an extremely popular forum after the members played a major role in the Gamestop short squeeze escapade. In recent times, the founder of WSB, Jaime Rogozinski has been behind a new decentralized finance project called the Wallstreetbets Dapp (wsbdapp.com). Rogozinski spoke with Bitcoin.com […]
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On September 22, the team behind the Wallstreetbets defi application called Wsbdapp announced the launch of a non-fungible token (NFT) collection featuring 15,000 generative NFTs. According to the team, the NFTs provide utility like VIP access to special metaverse events and yield farming boosts. Wsbdapp Project Launches NFT Collection During the first week of September, […]
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At the beginning of 2021, a trend ignited by the creators of the Reddit forum r/wallstreetbets caused the whole world to focus on retail traders in the stock market purchasing so-called dead stocks like AMC, GME, and others. The hype behind the Wallstreetbets group has fizzled in the last few months, but a group that […]
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