# Time to Ditch Meme Stocks?

*Author: Bankless*
*Published: Jun 7, 2024*
*Source: https://www.bankless.com/read/time-to-ditch-meme-stocks*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/Frame-50567--1-.png)](https://bankless.cc/3X63Lbf)

  

Time to Ditch Meme Stocks?
    
  

  
  Published on June 7, 2024

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  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
Base Flips OP
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/Group-15--43-.png)](https://www.bankless.com/dashboard)- 🔵 **Base Overtakes OP Mainnet in TVL. **Onchain Summer is already in full effect for Base's DeFi scene.
[*Read more on Bankless.com*](https://www.bankless.com/base-overtakes-op-mainnet-in-tvl)
- 💰 **BlackRock's Bitcoin ETF Holds Over 300K BTC.** IBIT now has $21B worth of BTC under management.
[*Read more on Bankless.com*](https://www.bankless.com/blackrocks-bitcoin-etf-holds-over-300k-btc)
- **🔻 Friday Dump Sends BTC Below $70K.** The selloff triggered $450 million in liquidations.
[*Read more on Bankless.com*](https://www.bankless.com/friday-dump-sends-btc-below-70k)

.  .  .

 
  
    

    TODAY IN MARKETS

  
  
    
Time to Ditch Meme Stocks?

  
  
   
     
     Bankless Author: 
     
      [
       
       Jack Inabinet](https://twitter.com/JackInabinet)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/image---2024-06-07T151438.667.png)](https://www.bankless.com/ditch-meme-stocks-for-crypto)**📊 Meme Dilution?** GameStop bull “Roaring Kitty” was briefly a billionaire on paper last night after the price of GME surged to nearly $70, but a stock split announcement this morning reversed his fortunes and those of retail traders following his bet! *How much abuse will investors take until they turn to crypto?*

[Read More Analysis on Bankless.com](https://www.bankless.com/ditch-meme-stocks-for-crypto)

Prices as of 4pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.54T
       

  
    
    ↘ 2.5%
    
  

   
    
    ↗ 0.8%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $69,016
       

  
    
    ↘ 1.9%
    
  

   
    
    ↗ 2.1%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $3,673
       

  
    
    ↘ 2.8%
    
  

   
    
    ↘ 2.8%
    
  

  

.  .  .

 
  
    

LEARN

  
  
    
   
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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/image---2024-06-07T151426.080.png)](https://www.bankless.com/the-bankless-guide-to-eigenlayer)**Still trying to get a handle on the essential crypto networks?**

Bankless Guides has you covered with nearly *40 dedicated **free** guides *to the ecosystems that matter most in Crypto. Today, we've just updated the [*Bankless Guide to EigenLayer*](https://www.bankless.com/the-bankless-guide-to-eigenlayer) so you can stay up to date on all things restaking.

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