Solana-Based GameStop Tribute Token (GME) Soars 300% Following Roaring Kitty’s Return

Solana-Based GameStop Tribute Token (GME) Soars 300% Following Roaring Kitty’s Return
After two silent weeks, Roaring Kitty’s latest roar has shaken the crypto market. The renowned trader has again set the world ablaze after revealing his substantial 5 million GameStop shares holdings. Following his posts, GameStop’s shares soared in the premarket by 90%, and the Solana-based tribute token, GME, skyrocketed by 300%. Related Reading: Crypto Guru Unveils Best Altcoins To Buy Now Roaring Kitty’s Return To Reddit Sets Market On Fire On Sunday night, Keith Gills, known as Roaring Kitty, returned from a two-week hiatus. The trader, known for his role in the GameStop saga, wreaked havoc after posting on Reddit for the first time in three years. Roaring Kitty’s “GME YOLO Update” post unveiled that Gill owns 5 million GameStop shares, worth around $115 million. Additionally, he has $65 million worth of GME option calls with a $21 strike expiring on June 21. The revelation seemingly congested the order flow immediately as the volume of investors trying to buy GME Shares skyrocketed. As one X user informed, orders were being canceled, even “when you put in a high-risk ask.” According to the ..

Support the originator by clicking the read the rest link below.