What Happened To GameStop`s Stock And Incorporating The Blockchain-Verse

GameStop will be remembered by investors for years to come, as it was probably the first time in the history of the “free market” that a group of self-described internet individuals outsmarted the Wall Street-Verse.

Billy McDavid
4 min readDec 11, 2023

As a recap, on Jan 27, when the Dow Jones Industrial Average fell sharply by over 2% — in large part due to the United States Federal Reserve announcing its move to maintain interest rates around the zero per cent mark — shares of video game retailer GameStop (GME) and movie theatre chain AMC Entertainment (AMC) proceeded to rise by 130% and 300%, respectively, taking their market capitalizations to $24 billion and $6.

Finance becoming decentralised is finally opening everyone`s eyes to the market manipulation that is rampant in today`s so-called free financial markets. Similarly, Google and Apple come to the rescue.

The stock trading app is on the Google Play store and Apple`s App Store. However, on Jan 29, it came to light that Google`s and Apple`s development teams had decided to step in to remove the negative reviews and complaints regarding Robinhood, with Google having previously stated that “Ratings and reviews…

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Billy McDavid
Billy McDavid

Written by Billy McDavid

Intermediate Security Researcher Smart Contracts

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