- Keith Gill’s return to social media coincides with GameStop’s over 110% stock surge, signaling renewed market interest.
- GameStop’s rapid climb, propelled by Gill’s return, signifies a resurgence in meme stock trading driven by online communities.
- The stock’s rise triggers a 5% increase in Crypto Memecoins, suggesting a connection between meme stocks and cryptocurrency markets.
Wu Blockchain, a cryptocurrency and blockchain news source, reported a resurgence in GameStop stock alongside the return of Keith Gill, famously known as “Roaring Kitty,” after a three-year social media hiatus. Gill’s online presence coincided with GameStop’s stock soaring over 110%, triggering multiple circuit breakers. This surge also influenced a 5% increase in the broader Crypto Memecoin sector.
Roaring Kitty suddenly became active on social media after nearly three years. GameStop stock once soared over 110%, triggering six circuit breakers. The return of Roaring Kitty and the surge in GameStop also brought about the rise of Crypto Memecooin. The sector as a whole rose…— Wu Blockchain (@WuBlockchain) May 14, 2024
GameStop, a video game retailer, experienced a rapid rise in i…
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