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Penny Stocks Try—And Fail—To Hijack Crypto’s Momentum

Penny Stocks Try—And Fail—To Hijack Crypto’s Momentum

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-12 20:15:47
0

Penny Stocks Attempt to Ride Crypto’s Coattails

Microcap stocks are making desperate plays to rebrand as ’blockchain adjacent’—just in time for the next SEC crackdown.

These OTC tickers pump vague crypto partnerships, then dump 80% when retail realizes there’s no actual tech. Sound familiar? It’s the 2017 ICO playbook, but with extra delusion.

Meanwhile, Bitcoin’s up 300% since the last cycle. The real assets don’t need gimmicks.

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