GameStop (GME) Frenzy Spreads Into Crypto Meme Coins, Caution Ahead?

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FOMO buying into the GameStop ($GME) meme coin costed three investors thousands of dollars. Analysts advise caution from falling into meme coin trends.

HIGHLIGHTS

GameStop meme coin rallied 4000% in three days against the 200% surge in GameStop stock.

Three investors lose thousands of dollars in $GME after falling to FOMO buying.

Analysts advise caution to investors for investing into meme coins at this stage.

The recent frenzy in GameStop (GME) has spread across the cryptocurrency market, especially in the meme coin sector. As the US CPI numbers came in line with the market expectations, a strong rally ensured across all meme coins, especially the top players such as PEPE.

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