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The Daily Hodl 2024-05-14 18:05:31

Inflation Data Comes in Hot as GameStop and GME-Inspired Memecoin on Solana Continue Ripping Higher

Gamestop and a GME-inspired memecoin are rallying harder as hotter-than-expected inflation data boosts risk appetite in crypto and stocks. The producer price index (PPI), which measures what producers receive for their goods, increased 0.5% in April and was up 2.2% on a 12-month basis, according to the latest release from the Bureau of Labor Statistics The post Inflation Data Comes in Hot as GameStop and GME-Inspired Memecoin on Solana Continue Ripping Higher appeared first on The Daily Hodl .

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