Exploring the GameStop Meme Coin Phenomenon on Solana
Let’s dive into the recent surge in the unofficial GME meme coin on Solana. Despite GameStop’s stock price stumbling, this coin is reaching new heights.
The Rise of GME Meme Coin on Solana
Current Price Update
- The GME coin has skyrocketed by 70% in the last 24 hours, now trading at $0.021.
- It has surged by a whopping 467% this week.
- Since its all-time low in April, the coin has spiked by over 5,000%.
New All-Time High
- The coin reached a new all-time high of nearly $0.032 overnight.
- Despite a 33% dip from this peak, the token continues its upward trend.
Trading Volume Records
- GME token witnessed a trading volume of $471 million in the last 24 hours.
- This trading volume sets a new record for the token, according to CoinGecko.
GameStop Stock vs. GME Meme Coin
Stock Market Impact
While GameStop’s shares plummeted by 25% due to a premature Q1 earnings release, the GME meme coin thrives.
Return of Roaring Kitty
The Influence of Roaring Kitty
Roaring Kitty, the influencer synonymous with the 2021 GameStop stock short squeeze, returns to YouTube for a livestream.
Hype Around the Livestream
With over 100,000 eager viewers awaiting his return, Roaring Kitty’s presence continues to captivate the market.
Hot Take: The Future of GME Meme Coin on Solana
As GameStop’s stock faces challenges, the GME meme coin on Solana remains a beacon of excitement and potential growth.
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