Satoshi

FLOKI

GameStop

Coin

<p>The meme stock mania has taken the investment world by storm, with GameStop (GME) and AMC prices skyrocketing in a matter of days. GameStop shares surged 74% on Monday, while AMC stock rose more than 78% by Tuesday, with both stocks roughly doubling in price. </p> 
<p>This frenzy has left traders in disbelief and has reignited discussions about the potential impact on the meme coin sector. <a href="https://edition.cnn.com/2024/05/13/investing/gamestop-roaring-kitty/index.html" target="_blank">According to reports</a>, the surge was fueled by the infamous “Roaring Kitty” account, run by Keith Gill, sharing a meme on X after a three-year hiatus. </p> 
<p>The financial analytics platform Watcher Guru reported that short sellers of GameStop (GME) and AMC Entertainment have suffered substantial losses amounting to over $5 billion in just two days.</p> 
<p>And just an hour ago they reported what happened with GME and AMC on Tuesday, as seen in their tweet below.</p> 
<blockquote class="twitter-tweet">
 <p lang="en" dir="ltr">JUST IN: GameStop <a href="https://twitter.com/search?q=%24GME&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$GME</a> and <a href="https://twitter.com/search?q=%24AMC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$AMC</a> Entertainment closed up 61% and 32% today.<br><br>The stocks were halted 38 times combined.</p>— Watcher.Guru (@WatcherGuru) <a href="https://twitter.com/WatcherGuru/status/1790474070238154903?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">May 14, 2024</a>
</blockquote>  
<p>As the meme stock craze unfolds, CaptainAltcoin reported that the meme coin <a href="https://captainaltcoin.com/pepe-price-hits-new-all-time-high-dogwifhat-wif-and-other-top-meme-coins-experience-modest-gains/" target="_blank">Pepe price hit a new all-time high</a> today, raising speculation about whether the meme coin sector could be the next to experience a similar explosion.</p> 
<p>However, while the meme stock frenzy continues to captivate investors, the <a href="https://coinmarketcap.com/view/memes/" target="_blank">meme coin sector appears to be cooling off,</a> with most top meme coin prices currently in the red. Only the prices of PEPE and FLOKI are in the green, according to CaptainAltcoin’s report. That being said, <a href="https://coinmarketcap.com/currencies/gme/" target="_blank">Solana meme coin Gamestop (GME) </a>price did explode by 2,600% this week.</p> 
<p>The meme stock phenomenon has once again highlighted the unpredictable nature of the market and the potential for unexpected price movements driven by social media trends and retail investor sentiment. As the GameStop (GME) and AMC price rallies continue to unfold, investors are closely watching to see if the meme coin sector will follow suit or remain relatively unaffected by the meme stock mania.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">ongoing low presale price</a></strong> to get in early!</p> 
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p>While some believe that the meme stock frenzy could spill over into the meme coin market, others remain cautious, citing the inherent volatility and speculative nature of both meme stocks and meme coins. Nonetheless, the events surrounding GameStop (GME) and AMC have reignited discussions about the potential for meme coins to experience similar price explosions</p> 
<p><em><strong>Read also: <a href="https://captainaltcoin.com/roaring-kitty-triggers-competition-between-cat-and-doge-themed-coins-analyst-shares-top-5-cat-meme-coins-to-watch/" target="_blank">Roaring Kitty Triggers Competition Between Cat and Doge-Themed Coins: Analyst Shares Top 5 Cat Meme Coins To Watch</a></strong></em></p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-recq-meme-coin-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check $RECQ Meme Coin</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy RECQ Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/meme-stocks-gamestop-gme-and-amc-prices-explode-could-meme-coins-be-next/">Meme Stocks Gamestop (GME) and AMC Prices Explode – Could Meme Coins Be Next?</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Meme Stocks Gamestop (GME) and AMC Prices Explode – Could Meme Coins Be Next?

Table of Contents

CaptainAltcoin

Other articles published on May 14, 2024

Philippines’ Central Bank Sanctions Stablecoin Pilot by Coins.ph

How to Turn $500 into $1 Million in Crypto

Toncoin Outperforms Bitcoin Despite Market Fluctuations

Bitcoin Whales On the Move: What’s Behind Accumulation Tactics?

Experts Predict Significant Growth For These 3 Cryptocurrencies

Short squeeze alert for two cryptocurrencies this week

Join our free newsletter for daily crypto updates!