If you are currently hunting for crypto focussed stocks, then perhaps it might be a good move to take a look at GD Entertainment and Technology (OTCMKTS:GDET). The company is involved in industries that have high growth potential in the crypto space and on Wednesday, the stock soared by as much as 32% following a key announcement from the company.
GD Entertainment announced yesterday that its Dual Crypto Dreamcard was officially launched. It is an interesting product and the excitement of investors is perhaps understandable. It is the first such product in the world that not only offers both Crypto and Fiat but also performs the functions of both a debit card as well as a credit card.
The card is equipped with a dual chip and more importantly, it is made up of metal and looks polished. It should be noted that in this day and age, the look of a card is also an important factor when it comes to its popularity.
The dual chip is going to help the customer is keeping their crypto holdings in ‘cold storage’ but at the same time they will be able to connect the card to their crypto wallets. It might be a good time to start tracking the news regarding GD Entertainment.
Market Reaction:
On Wednesday, GDET stock surged 32% to $0031 with more than 2.36 billion shares, compared to its average volume of 137.36 million shares. The stock has moved within a range of $0.0029 – 0.0043 after opening the trade at $0.0032. Over the past 52-week, the stock has been trading within a range of $0.0003 – 0.0048
 Stock Soars 32%: What’s The Buzz?){kind=link}