A Limited Edition Crypto Yo-yo is Launching in the US
A Bitcoin-themed yo-yo, designed as a humorous take on the volatile nature of BTC, is being launched in the US.
Collect & HODL Co, a subsidiary of ProSnacktive Sales LLC, is behind the Butterfly XT Yo-Yo, which is produced in collaboration with US toy company Duncan Toys. It costs $18.99 and is sold exclusively on Walmart Marketplace.
“We’ve worked with another iconic, 90+ year old company, Duncan Toys, to bring this to all Bitcoin (and yo-yo) enthusiasts,” said Chris Coradini, owner of Collect & HODL Co, in a press release sent to Bitcoin Magazine.
A Humorous Take On Bitcoin’s Volatility
The yo-yo symbolizes the ups and downs frequently seen in the crypto market and that are akin to the leading crypto’s fluctuations.
It is not the first Bitcoin-themed product launched by the company. In March 2023, it also announced the world’s first Bitcoin-themed PEZ dispenser. 3,000 units of the famous candy dispenser were launched.
Just a few months later, in November, the company also helped with the launch of the first ever Crocs with a similar theme.
Bitcoin Attempts A Recovery Following A Steep Drop
True to its volatile nature, the leading cryptocurrency’s price plummeted to a low of $40,0750 during yesterday’s trading session following a marketwide selloff.
The strong correction was ignited by a report by Matrixport that said the U.S. Securities and Exchange Commission (SEC) will flout market expectations and reject all ETF (exchange-traded fund) applications this month.
Traders continued to give BTC a boost, as the crypto was changing hands at $43,113.61 as of 6:30 AM EST.
Hot Take
A Bitcoin-themed yo-yo, designed as a humorous take on the volatile nature of BTC, is being launched in the US
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