Quote:
Originally Posted by carlos3652
it was at .35 last week and peeked @ 1.90ish this morning, back down to 1.30 ish now... Wondering if this is a good long term or just the flavor of the month and people just cashed out. lol
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What you are seeing there is WSB dudes who consistently shit on crypto now shilling crypto to feed their GME stock. What they don't realize is that those hedge funds guys they are battling are heavy into crypto as well and using those gains to cover their GME shorts. So you got WSB idiots trying to pump Loopring only to have the hedges take it and pay their shorts. Essentially, hedges are taking stupid ape money to **** over the stupid apes. Look at GME's price movement right now.