GameStop (GME) is a cryptocurrency that commemorates the GameStop short squeeze of 2021. This digital currency encapsulates the intense enthusiasm and strong backing shown by individual investors during the GameStop frenzy, transforming it into a digital asset that represents unified conviction and resistance against financial behemoths. It embodies the essence of that groundbreaking uprising and the strength of the little guy.
GME was inspired by the GameStop short squeeze of January 2021, where retail investors from Reddit's r/WallStreetBets forum rallied to drive up GameStop's stock price, causing a "short squeeze" that led to significant losses for institutional investors. This event showcased the power of collective action and the vulnerabilities of established financial institutions. GME symbolizes this community-driven movement and operates on the Solana blockchain for fast and secure transactions. It aims to be a decentralized and democratic cryptocurrency, aligning with the principles of the GameStop rebellion and emphasizing the power of the collective over concentrated financial power. GME's strength lies in its community, mirroring the solidarity seen during the GameStop saga.
GME's total supply and circulating supply both amount to 6,885,214,218.
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