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The secret of development: more and more companies change their name to blockchain, and then the stock price doubles several times

author:Dutch Dad

We have said before that the American biopharmaceutical company casually added blockchain to the company name on the stock price to sit on the rocket news, and the millennium science network stock bubble frenzy when the tape company casually added a ".com" to the stock price soared, these days, this "flying yellow Tengda" situation is spreading, the beverage company in New York "Long Island Iced Tea", yesterday announced that its name was changed to "long blockchain company", guess how much the stock price rose instantly? (I'm going to publish it below...) )

(3...... 2...... 1...... Don't worry, people Coinbase launched Bitcoin Cash transactions to come to a countdown, let's do a countdown? ~~)

It's a 500% rise in one day! Let's witness those retail shareholders develop overnight in shock...

The secret of development: more and more companies change their name to blockchain, and then the stock price doubles several times

Oh, and by the way, you guessed right about Long Island Iced Tea, which has never been in the blockchain business before, hasn't completed any development projects, or even invested in any team working on the technology. What the? Does this company have anything to say about the profitability of its blockchain business? That doesn't exist!

Do not think that this is just the fanaticism of the United States, but on the other side of the ocean, the same fanaticism of the old imperialist Britain. In October, On-line, a British company that invests in internet businesses, announced that its stock would be renamed "On-line Blockchain", and the stock price climbed 394%.

Then again, if you have a friend with the surname "District", it is best not to join this hilarity and change your name to "blockchain", after all, this will not help you to the peak of your life...