Roaring kitty dominating crypto space again

Roaring kitty dominating crypto space again

full version at coingape

Keith Gill’s coments cause another increase in GameStop memecoin, fueling speculation about the iconic meme stock. GME prices swing drastically, and the market is buzzing with excitement due to the spike in GameStop memecoin.

As of now, GameStop shares are trading nearly 4% lower at $27, following a 30% drop after Gill’s Reddit post caught widespread attention. Gill’s return has reignited interest in GameStop.

In 2021, he became the face of a retail-led movement to take on Wall Street short sellers, leading to a historic short squeeze. This time, his posts have still managed to boost the stock, with GameStop’s price increasing 68% over the past month from $16.31.

This highlight recent leadership changes and strategic measures aimed at upgrading the company. If these reforms are successful, GME could enjoy consistent growth in the next years. Gill’s excitement and precise analysis spread like wildfire.

Thousands of ordinary investors on Reddit’s WallStreetBets quickly bought up GME stock, causing the price to go up.

 

The post Roaring kitty dominating crypto space again appeared first on CoinGape.

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