Gamestop

The post Roaring Kitty Loses $350M on GameStop appeared first on Coinpedia Fintech News In the last four days, Keith Gill, aka The Roaring Kitty, lost over $350 million on his GameStop position. Just last Thursday, Gill was riding high with $382 million in profit from options placed on GME. On Friday, Gill lost over $235 million on his GME position. On Monday, it further slipped 12% after dropping 40% in the hours just before the weekend. The price movement…

The post Memecoin Market Analysis: What’s Next for Dogecoin, Shiba Inu, Pepe, GameStop Prices? appeared first on Coinpedia Fintech News The meme coin market has experienced a bullish rally over the past few weeks, coinciding with a slowdown in the altcoin and Bitcoin markets. Notably, the return of Roaring Kitty ignited a bull run for GME, a SOL meme coin. Consequently, investors are now curious about the upcoming price trend of other leading meme coins, including Dogecoin, Shiba Inu, and…

The post GameStop Stock Price Crash Heavily appeared first on Coinpedia Fintech News GameStop has announced its plans to sell 75 Million of its shares to raise capital via equity offering. The GameStop meme coin is yet to face the impact of the massive sell-off. This move comes to mitigate the losses. The company reported net sales of $881.8 million in Q1 this year, which is lower than its previous year’s $1.237 billion. It also reported a loss of 12…

The post GameStop Prepares for a Big Crash Toward $0.001: What’s Next for GME Price? appeared first on Coinpedia Fintech News GameStop stocks surged in pre-market trading on Friday following the announcement that Keith Gill, also known as “Roaring Kitty,” is making a comeback on YouTube after a three-year halt. However, the latest GameStop earning news and the rising bearish sentiment in the meme coin market might create a crash for the Solana meme coin GameStop. GameStop’s Large Share Sale…

The post 50% Odds Of Roaring Kitty Becoming A GameStop Billionaire appeared first on Coinpedia Fintech News The odds of Gill becoming a billionaire have risen to 50 on the Polymarket bet. The market watchers expect The Roaring Kitty to potentially reach a billion-dollar position in GameStop stock by Friday. On Thursday, Gill flashed a $583 million position in a Reddit post, showing $382 million in profit across options and equity positions. GME stock added 47% to $46 yesterday and…

As Wall Street struggles to contend with the GameStop army led by Roaring Kitty, certain crypto memecoins are catching a bid. The GameStop tribute token (GME), based on Solana, is up 38% on Friday and it doesn’t look as though it’s done yet. The WallStreetBets GameStop phenomenon Those looking to stick it to Wall Street are getting onto the fast train that is GameStop stock. Early 2021 was the last time that a bunch of organised traders put Wall Street…

The post Scammers Hack Microsoft India’s X Account To Promote Fake Gamestop Presale appeared first on Coinpedia Fintech News Microsoft India’s Twitter account, with over 211K followers, was hacked by scammers to promote a fake GameStop crypto pre-sale. The scammers posted videos of Roaring Kitty, linking it to an unverified site claiming to offer a GME crypto presale. Experts suggested that the breach could result from a SIM-swapping attack, a common method to bypass two-factor authentication. The phishing site was…

After two silent weeks, Roaring Kitty’s latest roar has shaken the crypto market. The renowned trader has again set the world ablaze after revealing his substantial 5 million GameStop shares holdings. Following his posts, GameStop’s shares soared in the premarket by 90%, and the Solana-based tribute token, GME, skyrocketed by 300%. Roaring Kitty’s Return To Reddit Sets Market On Fire On Sunday night, Keith Gills, known as Roaring Kitty, returned from a two-week hiatus. The trader, known for his role…

The GameStop frenzy is creating strong buying pressure on meme coins.  On-chain analysis platform Lookonchain reveals that a whale withdrew 202.4 billion Pepe tokens - worth $3.07 million - from Binance. A fresh wallet withdrew 202.4B $PEPE($3.07M) from #Binance just now.https://t.co/hOcfYYMXPB pic.twitter.com/Nff6UlW5C2 — Lookonchain (@lookonchain) June 3, 2024 The PEPE price initially surged 10% from yesterday’s low and traded as high as $0.0000155. However, weakness in Bitcoin has resulted in a temporary pull back to $0.0000148. Data from CoinGecko reveals…