GameStop Crypto Soars After Roaring Kitty's Online Buzz

1 min read
Source: Benzinga
GameStop Crypto Soars After Roaring Kitty's Online Buzz
Photo: Benzinga
TL;DR Summary

Keith Gill, known as 'Roaring Kitty,' reactivated his social media presence, causing the Solana-based meme coin GME to more than triple in value, with its market cap exceeding $70 million. This surge also boosted other "Kitty" themed coins. The event highlights the volatile nature of memecoins influenced by social media. GME's value later dropped by 12%, while GameStop shares rose by 6.1%. The upcoming Benzinga’s Future of Digital Assets event in NYC will address such market dynamics and offer extensive networking opportunities.

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