GameStop Hero's $180 Million Shipment Sent Meme Coin Soaring 4x!
The post made by Wall Street hero TheRoaringKitty sent the altcoin price soaring.
TheRoaringKitty shared her GameStop (GME) position on Reddit on June 3. In the said post, he stated that he held GME shares and call options worth $181.4 million.
In the post, it was seen that he gained over $9.3 million from GME shares and lost approximately $2.5 million from call options.
After this post, meme coim GME, which imitates GameStop, experienced a 300% increase in a short time. With the 300% increase, the GME price climbed from $ 0.0039 to $ 0.016.
TheRoaringKitty was one of the names that started a financial resistance through GME shares in 2021 and caused a huge impact by causing a huge short squeeze movement.
The comeback of the popular name about 1 month ago caused the GME price to show significant increases after a long time.
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