(Etherscan) Investors are speculating that GameStop NFT is on course after a transaction of 61.3 million LRC worth $164.8 million was made from the Loopring Exchange’s layer 1 to layer 2.
The transaction, reportedly by Loopring CEO Daniel Wang, is believed to be an infusion of float in preparation for GameStop NFT marketplace.
The $164.8 liquidity boost into a layer 2 platform is seen to boost GME’s endeavors in NFT as it seeks layer 2 solutions.
The speculations arise after GameStop said in October it was hiring developers in preparation for its NFT platform. The candidates were required to have knowledge in NFT marketplaces as well as Ethereum and Ethereum layer 2 solutions.
The crypto community now awaits further developments on the twist, with the price of LRC skyrocketing following the GameStop speculations.
LRCUSD is up +1.37%, GME: NYSE is down -1.28% on premarket.
