The Solana-based meme token GME has posted exceptional monthly gains, surpassing 4,600% amidst the recent GameStop stock surge on Wall Street. GME’s current after-hours trading value is at over $61, reflecting continuous growth.
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An extraordinary increase in holdings by Keith Gill, also known as Roaring Kitty, who has invested $586 million in GameStop stock and options. In an ever-evolving cryptocurrency sphere, the meme coin market is continuing to find massive competitors based on the Solana blockchain, as its GameStop (GME) token has surged as much as 300%.
Solana-based GME Meme Coin Rallies
The Solana-based GME meme coin, inspired by GameStop but unaffiliated with the company, has experienced an astronomical 4,600% increase over the past month. Despite the broader market’s pullback, this meme token has defied expectations and continued its growth trajectory.
Analysts are optimistic, with some projecting a $1 price target for the $GME meme coin. The buying hysteria is closely connected to Roaring Kitty and the stock development for GameStop. Currently, the GME token is trading at $0.008995 and is fast approaching its $0.015 all-time high.
The GameStop Price Boost
The GameStop price rally is so overwhelming that the investors believe that it is in no mood of slowing down. With the stock gaining over 200% in the last month, the company’s value is skyrocketing. Keith Gill, famously known as Roaring Kitty, has been a significant catalyst behind this surge. Gill announced via YouTube that his combined stock and options position in GameStop has now amassed a staggering $586 million.
