Twitter user returns to spark meme coin GME craze, value soars to $1.96 million after insider purchase

According to Odaily Planet Daily, LookonChain monitoring shows that many Meme coins named after GME were created due to the return of @TheRoaringKitty on Twitter. On the Ethereum blockchain, an insider used 21 wallets to spend 5.98 ETH (about $17,700) to purchase 146.11 billion Meme coins GME, and the current value of these tokens has reached $1.96 million. Investors should beware of internal dumping and be careful when buying.