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The price of the GameStop cryptocurrency meme has shot up 120% - here's why

The price of the GameStop cryptocurrency meme has shot up 120% - here's why

Cryptodnes2024/06/07 17:46
By:Cryptodnes

Solana-based meme coin GameStop (GME) gained 120% in the last 24 hours, making it one of the top gainers.

This sharp increase followed a live broadcast announcement by celebrity investor Keith Gill, known as “RoaringKitty", scheduled for today at 19:00 Bulgarian time.

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Gill rose to prominence after playing a key role during the 2020 GameStop stock craze.

Over the past week, GME is up over 590% at the time of writing, outpacing all other meme coins on Solana , listed on CoinGecko.

The price of the GameStop cryptocurrency meme has shot up 120% - here's why image 0

The announcement of the live broadcast also gave a boost to the company's shares, which increased to $46.55 per share.

The price of the GameStop cryptocurrency meme has shot up 120% - here's why image 1

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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