Roaring Kitty Return Yields Investor $300K Unrealized Profit On Ethereum-Based GME Meme Coin
Portfolio Pulse from Murtuza Merchant
Roaring Kitty's return has led to a significant surge in GameStop (GME) stock and related meme coins. An investor made an unrealized profit of $300,000 on Ethereum-based GME tokens. GameStop shares rose by 22%, and GME tokens on various blockchains saw substantial gains.
June 03, 2024 | 5:38 pm
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POSITIVE IMPACT
An investor made an unrealized profit of $300,000 on Ethereum-based GME tokens, indicating strong demand for these meme coins.
The significant profit made on Ethereum-based GME tokens highlights strong demand and positive sentiment in the crypto market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 70
POSITIVE IMPACT
GameStop shares rose by 22% following Roaring Kitty's disclosure of his holdings, including 5 million shares and 120,000 call options.
Roaring Kitty's disclosure of his significant holdings in GameStop has led to a strong market reaction, boosting the stock price by 22%.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
GME token on the Solana network saw a 169% increase in the last 24 hours, indicating robust on-chain demand.
The surge in GME token on the Solana network reflects strong on-chain demand and positive market sentiment.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 60