the price of the crypto GME and the latest news from Roaring Kitty
The post the price of the crypto GME and the latest news from Roaring Kitty appeared on BitcoinEthereumNews.com.
The latest news concerning Roaring Kitty does not seem to have affected the trend of the video game retail giant, GameStop. While the price of the shares and the Solana-based crypto GME seems positive, the man of the 2021 “meme stock mania” has sold his stake in Chewy. GameStop: the sale of Chewy by Roaring Kitty did not affect the stock price and crypto GME Last Tuesday, the filing of the United States Securities and Exchange Commission (SEC) reported that Roaring Kitty sold his holdings of Chewy. Chewy is an e-commerce company that sells pet food, founded by the CEO of GameStop, Ryan Cohen. Roaring Kitty, on the other hand, is the author of the meme stock mania of 2021, the one who would have sparked the euphoria and the rise in GME stock prices of GameStop. And so, last June 2024, just when Roaring Kitty (whose real name is Keith Gill) had accumulated a 6.6% stake in Chewy, the company’s shares had recorded a pump of +10%. An increase that follows the trend, but is not comparable to the price increase recorded by GME shares. Now, however, Roaring Kitty has backtracked, at least with Chewy. This truth, confirmed by the filing with the SEC, was also announced on X at the beginning of September: For some followers, the particular Toy Story 2 meme showing Andy, the human child from the film, dropping a Woody doll with a dog’s head, was interpreted as the end of the relationship with Chewy. GameStop: the price of the shares and the Solana-based crypto GME Apparently, the speech by Roaring Kitty and Chewy is not connected to the trend of the GameStop stock price and the Solana-based GME crypto. In fact, in the last five days, GME shares have even risen in price. At…
Filed under: News - @ November 9, 2024 7:16 am