GameStop-Inspired Solana #Meme coin Surges Over 80% Following Roaring Kitty’s $586M GME Position Announcement
.
.
A GameStop-inspired #Solana memecoin recently soared over 80% after Roaring Kitty, a prominent figure in the GameStop trading community, revealed a $586 million position in GameStop shares. This announcement led to a 47% increase in GameStop’s share price on Thursday. The memecoin’s rapid rise highlights the continued influence of GameStop and its community on the cryptocurrency market.The Solana network, known for its high-speed and low-cost transactions, facilitated the swift trading of this memecoin, significantly contributing to its surge. This event underscores the potential of decentralized finance and the growing impact of meme-inspired cryptocurrencies.