Then he comes out, what, yesterday after the close, saying he's dumping his 11.8% stake?īRIAN SOZZI: Yeah, so I mean, how much trust can you have in Ryan Cohen. I mean, you had this filing come out on Monday saying he had out of the money call options, betting for the stock to go over $60 a share. What the heck happened at Bed Bath & Beyond?īRIAN SOZZI: Well, think you just saw a lot of greed out there, and you saw just the meme overlord in Ryan Cohen essentially, I think, play a lot of investors, a lot of his meme crowd and followers, for an absolute fool. Let's bring in Yahoo Finance's Brian Sozzi here on set.īRIAN SOZZI: What's up, brother? Thanks for having me on.īRIAN CHEUNG: OK, let's take a zoom out. You can see a lot of volatility here, especially what- in Bed Bath & Beyond, down 38%. Video TranscriptīRIAN CHEUNG: Well, it's been a busy week of retail earnings with meme stocks throwing a major curve ball to the markets. YFI’s supply is also limited, but it soared to a peak of $44,000 on September 16 (Sunday).Yahoo Finance Live’s Brian Cheung and Brian Sozzi discuss why retail traders are angry at activist investor Ryan Cohen for selling his remaining stake in BBBY stock. The total supply of MEME is US$28,000 and aims to replicate the success of YFI.
In less than a day, this token has risen by nearly 50%, and it has risen by 830% over the same period last week. MEME prices soarįrom the perspective of price trends, MEME is currently one of the most popular cryptocurrencies.Īccording to Coingecko, just in the past few hours, the token has surged to an all-time high of $1,123. Recently, the endorsements and Twitter of DeFi heavyweights Andre Cronje, Sam Bankman-Fried and Hayden Adams appeared in these latest collections, further intensifying the current hype. Since these collectibles are selling faster than scones, this experimental agreement is becoming more and more popular today. According to data from, Uniswap currently has nearly $3 million in liquidity. The farmers are done on the MEME initial liquidity pool on Uniswap. These pineapple points can be accumulated and exchanged for encrypted collectibles. If you vote for at least one MEME, the farmer can get one “pineapple” every day, and if you vote for up to five MEME, the farmer can return five “pineapples” every day. For a while, the total value of MEME x SVEN is locked at 1.8 million US dollars, just to release these works.”
Earlier today, the artist wrote on Twitter: “There are 500 versions, this is the most common NFT series. The first exclusive digital artist collaboration with Sven Eberwein was announced last weekend, and they proved to be very popular. These tokens can be resold on open market platforms such as SuperRare or OpenSea.
MeMe allows users to purchase tokens to obtain limited editions of NFTs or encrypted artworks. Non-homogeneous tokens are a special type of tokens on the Ethereum network, using ERC-721 and ERC-1155 standards, resulting in verifiable digital scarcity. The protocol does something a little different, allowing farmers to mine non-homogeneous tokens (NFT) as crypto collectibles. Most of the recent DeFi food-style tokens have received very little support, so they are ultimately just a fund-raising and cash-out solution. With token prices soaring to four digits, encrypted collectibles are all the rage, and a recent farming frenzy called “MEME” is on the rise.
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