The June 8th livestream by @TheRoaringKitty has set off a dramatic rally in the stocks $GME, $KITTY, and $AMC.
Leading the pack, $GME skyrocketed over 70% today, reaching an all-time high of $0.032. This surge was accompanied by a 531% increase in its 24-hour trading volume.
A notable transaction occurred just hours ago, where a trader invested 6,460 $SOL (approximately $1.1 million) to purchase $GME and $KITTY on the Solana blockchain.
This included an expenditure of 5,000 $SOL ($850,000) to acquire 35.99 million $GME at $0.02362 per token, and 1,460 $SOL ($248,000) to buy 8.6 million $KITTY at $0.02891 per token.
Whale Makes $1.4 Million Unrealised Profits From $GME Investment
In another significant move, a trader who previously spent 12,110 $SOL ($2 million) to purchase 135 million $GME in a single transaction is now sitting on an unrealized profit of $1.4 million.
These developments underscore the substantial influence that social media personalities can exert on cryptocurrency markets, driving a surge of interest and trading activity in these tokens.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.