An unofficial GameStop memecoin GME, which has no affiliation to the company, also saw a rise of up to 72% following a post from influencer Keith Gill.
Memecoin and stock influencer Keith Gill, better known by his online handle Roaring Kitty, appears to have sent GameStop, AMC stocks, and a related memecoin surging after his latest cryptic post on X.
Gill’s posts have been cited as a driving factor for kicking off the GameStop short squeeze in January 2021, which saw traders flip the table on Wall Street short-sellers buying GameStop’s stock and sending it to all-time highs of over $81.
In his latest Dec. 5 post to X, Gill posted an altered version of a 2006 Time magazine photo illustration paying homage to YouTube.