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The ongoing GameStop shares rally that jump-started Monday has influenced the digital asset sector, with a meme coin surge for assets like PEPE, Floki, and more. Indeed, the video game retailer saw its stock surprisingly skyrocket by more than 110% yesterday. Those gains have only increased today. Moreover, the GameStop movement of 2021 has returned in a sense this week. Specifically, the man who ignited the campaign against short sellers, Roaring Kitty, has returned, with Keith Gill making his first post to X (formerly Twitter) since 2021. pic.twitter.com/YgjVqtgcNS — Roaring Kitty (@TheRoaringKitty) May 13, 2024 Also Read: Pepe Passes Solana & DOGE in Daily Volume Amid ATH Rally GameStop Rally Fueling Meme Coins The GameStop stock surge of 2021 will forever be one of the finance sector’s most outlandish stories. In a true depiction of consumer power, normal traders bought the retail chain’s stock in an effort to punish short sellers. It...

Andrew Tate claims he’s cashed in a portion of his bitcoin holdings and invested the funds into GameStop following a new wave of hype around the controversial stock. However, he can’t seem to decide on a figure. Tate initially said he made a $50,000 investment into GameStop before changing this to half a million. He then upped the ante even more, claiming that he’d actually allotted $6 million worth of his crypto to destroy hedge funds. The hype around GameStop was fuelled by the return of investment-focused Social Media personality Roaring Kitty, who helped inspire the initial GameStop rally in 2021. pic.twitter.com/YgjVqtgcNS — Roaring Kitty (@TheRoaringKitty) May 13, 2024 Roaring Kitty has continued to post various memes. When Kitty posted on X (formerly Twitter) for the first time in three years today, GameStop’s price reportedly doubled. In response, Nasdaq has halted the trading of the stock 18 times today , likely due to the sudden price swings. ...