US stocks Tony G Investment surged 809% within an hour, instantly increasing its market value by 57 million USD, simply because they bought 10,000 $HYPE.
This year, we might see more listed dumpling stocks replicating this 'MicroStrategy-style' operation: buying coins, changing presentations, boosting market value, and stirring narratives—new-style SPACs or reviving dead companies supported by the crypto world.
It's getting more and more bubble-like.
Is this wave about to peak?