Global #GME

Cryptocurrencies linked to the legendary trader "Roaring Kitty" and GameStop stock (GME) experienced significant surges recently, fueled by heightened short interest in the meme stock and the online resurgence of Keith Gill, the man behind the "Roaring Kitty" persona.

GameStop Corp. (GME), the video game retailer turned meme stock phenomenon, experienced a remarkable 24% surge in its share price today, surpassing popular memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) in market capitalization. The unexpected rally has sparked speculation about the possible influence of "Roaring Kitty," the Reddit investor who played a pivotal role in GME's meteoric rise in early 2021.

The "meme stock" sector is experiencing a brutal sell-off, with GameStop (GME) at the epicenter of the carnage. GME's share price has plunged a staggering 60% in just two days, wiping out a significant portion of the gains seen during a recent rally.

Meme coins have seen a major spike following news from Keith Gill, also known as Roaring Kitty or DeepF**kingValue. Gill's announcement of an upcoming YouTube livestream on June 7 at 16:00 UTC triggered a swift and powerful response in both the crypto and stock markets.

GameStop (GME) stock experienced a significant 19% surge in overnight trading on Robinhood after Keith Gill, also known as "The Roaring Kitty," made a revelation. Gill, posting under the Reddit account "DeepFuckingValue," disclosed his holdings of GME shares and call options, with a notional value exceeding $180 million. This post marked his first activity on Reddit since April 2021.