Roaring Kitty's Cryptic Post Fuels GameStop and Memecoin Surge

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Source: Yahoo Finance
Roaring Kitty's Cryptic Post Fuels GameStop and Memecoin Surge
Photo: Yahoo Finance
TL;DR Summary

GameStop-themed memecoins experienced a significant surge after legendary trader Keith Gill, known as Roaring Kitty, returned to social media with a cryptic post. The GameStop Coin (GME) on the BNB Chain soared by 82%, while another Ethereum-based coin saw a 65% increase. This spike in trading activity was driven by speculation and excitement around Gill's post, which hinted at potential market movements, despite these coins having no direct ties to GameStop or Gill.

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