CandleFocus Solana meme coin GME surges 65% as Roaring Kitty signals comeback
2024-12-05
Author: Content Editor
Keith Gill, also known as "Roaring Kitty," has sparked market movements once again after posting a mysterious message on an unknown platform. This led to a surge in GameStop stock by over 15% and also caused a meme coin on the Solana blockchain to increase in value by 65%. Gill gained significant market influence after his involvement in GameStop's rally earlier this year, which led to congressional hearings on retail trading practices. This incident also raised concerns about market manipulation due to trading restrictions and the presence of major hedge funds with short positions in GameStop.
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