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The reappearance of the meme-stock trade looked like a threat to crypto, until crypto coined those too.
Between the lines: 🧸 Roaring Kitty looked bearish for crypto because Keith Gill and his crew would divert capital and attention to stonks.
The intrigue: Crypto's answer to that: Simply coin stocks👆
What we're watching: There's a slew of them out there already — memecoins with tickers like GME, AMC and NVDA.
These aren't to be mistaken for tokenized stocks — they don't represent shares in the company nor are they reflective of underlying fundamentals.
