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GameStop tokenized stock FTX

<p><strong>“Roaring Kitty” came back to social media and shared that he is holding $181.4 million worth of GameStop stock and call options. This news caused the GME stock price to jump 19% overnight.</strong></p><h2 id="header-0">Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">www.ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Chika-Moji-Airdrop.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p>The GameStop ($GME) meme coin, which became famous during the short squeeze frenzy of 2021, has seen a huge 300% increase in the last 24 hours. Right now, the GME cryptocurrency is trading at $0.01366, with its market cap nearing $100 million. Additionally, daily trading volume has surged by an impressive 1,000%, surpassing $178 million.</p><h3 id="keith-gill-s-return-sparks-gamestop-rally">Keith Gill’s Return Sparks GameStop Rally</h3><p>Keith Gill, known online as “Roaring Kitty,” made his first social media appearance on Sunday evening since the market frenzy last month.</p><p>GameStop (NYSE: GME) stock price saw a significant rise of over 19% in overnight trading after Gill posted on Reddit, revealing he is holding $181.4 million worth of GME stock and call options.</p><p>Gill shared a screenshot purportedly showing his purchase of 5 million GME shares for $115.7 million and an investment of $65.7 million in call options, betting that GME would reach at least $20 a share by June 21. The screenshot also indicated that Gill has gained over $9.3 million on his GME holdings while sustaining a nearly $2.5 million loss on his call options.</p><h2 id="header-1">Get Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On <a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">www.ChikaMoji.lol</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/05/Chika-Moji-Airdrop-1.png?fit&#61;1920%2C1080&amp;ssl&#61;1" /></p><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/06/cryptosheadlines2-2.png?resize&#61;640%2C309&amp;ssl&#61;1" /></p><p>Gill’s June 2 Reddit post under his DeepFuckingValue account. Source: Reddit</p><p><a href="https://cryptosheadlines.com/dogecoin-whales-acquire-700-million-doge-tokens-in-72-hours-what-does-this-mean/" rel="noopener noreferrer nofollow">Also Read:   Dogecoin Whales Acquire 700 Million DOGE Tokens in 72 Hours: What Does This Mean?</a></p><p>Following Gill’s Reddit post, GME surged by 19.19% in 20 minutes on Robinhood’s overnight markets, reaching $27.58. GameStop closed at $23.14 on Friday, May 31, and has seen a 38.8% increase in shares this year, seemingly buoyed by Gill’s return, according to Google Finance.</p><h3 id="meme-coin-sector-shines-amid-market-consolidation">Meme Coin Sector Shines Amid Market Consolidation</h3><p>Despite broader market consolidation, the <a href="https://cryptosheadlines.com/three-meme-coins-ready-to-make-big-money-in-a-strong-market/" rel="noopener noreferrer nofollow">meme coin sector delivered a strong performance</a> during April and May. While top meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) have been consolidating, other players like Pepe Coin (PEPE) and Dogwifhat (WIF) have delivered multi-fold returns in recent weeks.</p><p>GameStop (GME) and <a href="https://cryptosheadlines.com/binance-continues-backing-doge-pepe-shib-amid-meme-coin-excitement/" rel="noopener noreferrer nofollow">meme coins continue to fuel a narrative</a> of defying traditional wealth creation principles, offering the tantalizing prospect of turning ordinary investors into instant millionaires. GME and similar stocks are showing significant potential this quarter.</p><p><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</p>

GameStop Soars 300% as Roaring Kitty Buys Big GME Calls

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