Last night, we discussed a popular YouTuber’s upcoming live stream and its impact on prices. We elaborated on who he is and the events in detail. This live stream started while this article was being prepared.
GME Coin on the Rise
GameStop’s GME Token, minted on the Solana network, surged over 100% today. The price increased further with the start of the live stream. Meanwhile, GameStop’s GME shares in the stock market also continued with more than a 30% rise today. If the live stream can bring back the excitement of 2020-2021, Kitty might trigger larger price movements in the coming days. This could lead to bigger fluctuations in the overall meme coin market.
Investors need to be extremely cautious about GameStop shares and related tokens. We might start seeing alternative meme coins. However, for now, the main interest is focused on the meme coin on the Solana network. But let’s remind once again that this meme coin is not related to the company.