GameStop’s stock price went down because it didn’t make much money. Also, the KITTY and AMS meme coins might lose value soon.
The part of the crypto market with meme coins is very unpredictable. The price of GameStop (GME), a meme coin that works on Solana, has gone down a lot today.
The price of GameStop (GME), a meme coin, has fallen by 51% in just one day, and it’s now worth $0.01515. This drop in price has also made other similar coins like KITTY and AMC go down. Because of this, people who invested in GameStop are worried and losing trust in it.
GameStop Memecoin Updates
Keith Gill, also known online as Roaring Kitty, has come back online after being away for a while.
This negative news overshadowed Gill’s return. The stock continuously decreased during his live stream.
GameStop’s stock price fell in the morning. The company released a disapointing earning report and announced a significant new share offering.
A meme coin inspired by GameStop, GME also saw a wild ride. Its price increased by 100% in a single day, before crashing back down by 50% within hours. GME declined 51% in the past 24 hrs, trading at $0.01515.
Gill’s return to social media last month after three years of silence revived the speculative frenzy of GameStop. The meme stock craze developed in the cryptocurrency world.
KITTY And AMC Memecoin Updates
The meme coins GME, KITTY, and AMC show disappointing performance on the Crypto market.
KITTY, the meme coin inspired by Keith Gill`s account. The token price decreased 18.5% in the last 24 hrs, trading at $0.006843 through CoinMarket data. On the other side of AMC, the meme coins decreased 61% in the past 24 hrs, trading at $0.004811.Keith Gill, also known online as Roaring Kitty, has come back online after being away for a while.Keith Gill, also known online as Roaring Kitty, has come back online after being away for a while.
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