GameStop

Roaring Kitty

Kitty

<p>The post <a href="https://coinpedia.org/news/gamestop-mania-roaring-kitty-reveals-115m-gme-holdings-will-this-ignite-memecoin-rally-this-week/">Roaring Kitty Returns! Meme Stock King Reveals Massive $115 GME Holdings</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>After more than three years of silence on <a href="https://www.reddit.com/user/DeepFuckingValue/">Reddit</a>, famous meme stock trader Keith Gill, known as Roaring Kitty, has made a striking return by sharing details about his portfolio. On Sunday, Gill revealed that he holds 5 million shares of GameStop (GME), which he bought at $21.27 per share. These shares are now worth over $115 million.</p> 
<p>In addition to his shares, Gill has 120,000 call options with a strike price of $20, set to expire on June 21, 2024. He bought these options at $5.68 each, and they are now valued at more than $65 million.</p> 
<h2 class="wp-block-heading" id="h-evaluating-the-market-impact">Evaluating the Market Impact </h2> 
<p>Gill’s market influence is well-known, especially during the 2021 altcoin bull market, despite facing investigations by the United States Securities and Exchange Commission (SEC). Currently, GameStop Corp. Cl A (NYSE: GME) shares are trading around $22.91, up 22 percent in the past five days.</p> 
<h2 class="wp-block-heading" id="h-renewed-hopes-for-altseason">Renewed Hopes for Altseason </h2> 
<p>Gill’s comeback after the 2022/2023 crypto bear market has sparked new hopes for an altseason. GameStop-inspired meme coins on various blockchains have surged by over 100 percent in the past week.</p> 
<p>For example, GME (GME) on the <a href="https://markets.coinpedia.org/solana/">Solana (SOL)</a> network jumped by more than 232 percent in the last 24 hours, trading at about $0.0132. This coin’s trading volume was double its market cap, showing strong on-chain demand.</p> 
<h2 class="wp-block-heading" id="h-it-s-meme-coin-mania-again">It’s Meme Coin Mania Again!</h2> 
<p>Another GameStop-themed project, GME (Ethereum) (GME), increased by 620 percent in the last 24 hours, trading at around $0.000034. Similarly, GME (BASE) (GME), a meme coin on Coinbase’s Base network, surged over 175 percent in the same period, trading at about $0.037 on Monday during the early London session.</p> 
<p>Also Check Out: <a href="https://coinpedia.org/price-analysis/this-altcoin-is-heavily-undervalued-why-it-failed-to-gain-attention-despite-major-upgrade/">This Altcoin is Heavily Undervalued: Why it Failed to Gain Attention Despite Major Upgrade?</a></p> 
<p>Gill’s return and the market excitement highlight his lasting impact on the meme stock and cryptocurrency communities. As traders and investors watch closely, the potential for continued market activity remains high.</p>

Roaring Kitty Returns! Meme Stock King Reveals Massive $115 GME Holdings

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