$GME hottest events today
Solana chain meme coin $GME 24 hours up 231%, may be driven by Roaring Kitty's GME stock holdings post
📑CA
8wXtPeU6557ETkp9WHFY1n1EcU6NxDvbAggHGsMYiHsB
At 10:30 pm Beijing time, the US stock market officially opened, and the increase may be even greater. Memecoin has reached the peak this time🚀🚀🚀
🗞️Analysis: Wall Street's "retail stock god" Roaring Kitty posted a new picture and posted on Reddit again after three years. Concept coins such as GME rose collectively.
On Sunday night, the mogul behind the GameStop Corporation saga, “Roaring Katie,” revealed that he owns $65 million worth of $GMEGamestop call options with a strike price of $21 and an expiration date of 19 days… He also owns $115 million worth of Gamestop stock, bringing his total position in Gamestop to nearly $200 million.
$GME stock has risen 78.18% in pre-market trading
Roaring Kitty shocked the world five years ago when he shared an undervalued $GME stock on social media and his $50,000 portfolio soared to $50 million just by trading one token. After three years of silence, he is back
In 2019, Roaring Kitty believed that GameStop $GME stock was undervalued. He bought shares and call options, anticipating a turnaround, and shared his research on Reddit. Despite his doubts, he stuck to his opinion, posting updates that attracted more and more investors.
Roaring Kitty was a key figure in the $GME short squeeze in early 2021. His analysis on Reddit drove the price of GME from $20 to $483 on January 28. This surge forced institutional shorts to cover their positions, resulting in institutional losses of approximately $20 billion.
He made a post on May 13, 24 suggesting a comeback. The post hinted that something big was going to happen soon. In subsequent posts, he hinted at cryptocurrencies several times. There are many things to learn from his story, all of which can be applied to cryptocurrencies:
The crazy growth of memecoin this year speaks for itself. Major figures such as Ansem have pushed $WIF and other coins to valuations of $1 billion. Retail has a huge influence on cryptocurrencies. Once they regain full strength, this bull run will see memecoins and altcoins surpass all-time highs.
Memes will grow strongly in June, destroying all technologies climbing the Coinmarketcap gold chart.
Adaptation is essential to survival, and the meme leaderboard on Binance is very attractive for June earnings.
$GME Stimulus
The Meme sector is about to reach its climax again, and the chain has begun to riot. Who will compete with Ethereum and SOL chain?
The Memecoin Super Cycle
Over the past two years, a large number of memecoins have surged 20-500 times in price, leaving many people in disbelief. Can memecoin maintain its position as the narrative with the highest returns in this cycle?
According to Coingecko, memecoins were the most profitable asset in Q1 2024. During 2022-2023, a new class of alternative memecoins launched at extremely low valuations. They became an instant hit, with $WIF and $BONK reaching market caps of over $1 billion, and many others following suit. Unlike VC-backed tokens that focus on backers, memecoins are all about
In an age where even “real” VCs don’t care about the actual value of crypto projects — evidenced by widespread low-float high valuations and early investor unlocking schemes — attention is all you need.
The quality of a project is not just determined by technology; the determining factor is the community. Just look at $STRK, which turned “red” after the TGE, while $DEGEN, which was launched in the same period in Q1, performed much better. -> Community is key
Memecoin Categories
First layer: $DOGE $SHIB $PEPE
Second layer $WIF $BONK $FLOKI
Level 3 $BOME $BRETT $MOG $TURBO $MEME $TRUMP
