Reported 3 days ago
Roaring Kitty, the famed trader, caused a significant spike in cryptocurrencies tied to him after posting a Rick James-themed GIF, leading to a 328% rally in GameStop Coin and a 13% increase in GmeStop. Other Kitty-labeled cryptocurrencies also saw gains, fueled by speculation mirroring the famous short squeeze of 2021. Despite their lack of fundamental connections to GameStop, these meme coins reacted strongly to Roaring Kitty's return to social media.
Source: YAHOO