GameStop's Share Price Doubles, Fueling Surge In GameStop-Themed Meme Coin on Solana

May 14, 2024

GameStop's share price has doubled, causing trading to be paused multiple times due to volatility. The GameStop-themed meme coin on Solana, called "GameStop" (GME), has seen a 1,900% price jump in the past 24 hours, reaching a market cap of $68 million. This revival of the meme stock craze is reminiscent of the surge seen in early 2021.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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