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The Meme coin GME has seen a 24-hour increase of 239.9%, possibly driven by the post revealing Roaring Kitty's GME stock holdings

The Meme coin GME has seen a 24-hour increase of 239.9%, possibly driven by the post revealing Roaring Kitty's GME stock holdings

Bitget2024/06/03 02:58

PANews reported on June 3rd that according to Coingecko data, the price of Meme coin GME is now $0.0127, with a 24-hour increase of 239.9%.

In previous news, "Roaring Kitty", a YouTube host who once helped drive up the stock price of GameStop company, posted again on Reddit after three years. It was claimed that he purchased 5 million shares of GME stock for $115.7 million and invested $65.7 million in call options, betting that the price of GME will reach at least $20 per share by June 21st. The screenshot clearly shows that he made more than $9.3 million profit from his holdings in GME while losing nearly $2.5 million on his call options.

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