GameStop

Roaring Kitty

Kitty

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/keith-gill-bu-hafta-gamestop-hisselerini-artirdi/" data-wpel-link="internal">Keith Gill Bu Hafta GameStop Hisselerini Artırdı</a> 
<ul class="Summary"> 
 <li>Keith Gill, GameStop hisselerini artırmaya devam ediyor.</li> 
 <li>Gill’in hisseleri 262 milyon dolara ulaştı.</li> 
 <li>GameStop hisseleri ve meme coinler yükselişte.</li> 
</ul> 
History sometimes involves stories that develop, transform, but repeat themselves. Roaring Kitty might do it again. Those familiar with the GameStop story and its impact on <a href="https://en.coin-turk.com/important-crypto-currency-developments-for-the-week-of-october-23-29-agenda-will-be-very-busy/" data-wpel-link="internal">crypto</a> have been closely watching Keith Gill and his actions. So, what are <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> who are not familiar with the story missing? Here are the details. 
<h2 style="text-align: justify" id="gamestop-and-roaring-kitty">GameStop and Roaring Kitty</h2> 
It was an event that marked 2020 and 2021. While GameStop was being shorted by large hedge funds, a group on Reddit turned the tables. With massive individual investor demand, GameStop, which was expected to go bankrupt, close its stores, and see declining revenue, suddenly became a hot topic. 
You know a company is going bankrupt and you are sure of it. Customers are not visiting its stores as much as before, products are staying on the shelves, and you know it is a publicly traded company. What do you do? Large hedge funds started shorting GameStop shares to make easy money. However, a new generation of organized individual investors disrupted this plan. We then saw a process that led to the removal of the “Buy” button for GME shares on the Robinhood app. 
Elderly politicians in Congress held meetings and sessions to understand what was happening. They achieved nothing. The organized individual investor group during this process also forms the communities of meme coins on the internet. 
Now Gill is trying to reignite the revival torch for GME. If he succeeds and can bring back the spirit of 2020-2021, we may see abnormal rises in meme coins related to GME, meme coins in general, and GME stocks. Indeed, we have been seeing this for a while. 
<h2 style="text-align: justify" id="what-did-roaring-kitty-do">What Did Roaring Kitty Do?</h2> 
The famous stock investor Keith Gill, known to everyone as “Roaring Kitty” and “DeepFuckingValue”, bought more GME shares yesterday. The total size of the shares held by the famous name climbed to 9 million after the last 4 million purchase, reaching 262 million dollars. Jacob Slade, the founder of Mt. Zion Market Ventures, pointed out that the shares held have reached a size that could include them in the GameStop board of directors. 
Additionally, a meme from The Office shared by Gill helped the conspiracy theory gain more supporters. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-362507 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/06/The-Office-Meme-GME.png" alt="" width="830" height="874"> 
Since June 2, Gill has been trying to do something, and with his announcement at the beginning of this month that he opened a $180 million position, GME stock started fluctuating. We saw the price increase by 19% in 20 minutes. Following this, he opened his first YouTube live stream in years. It seems that active days await us in the coming period. Maybe it’s time to watch the documentary Eat the Rich: The GameStop Saga on Netflix this weekend. It will help you understand the process and Roaring Kitty’s role. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/keith-gill-bu-hafta-gamestop-hisselerini-artirdi/" data-wpel-link="internal">Keith Gill Bu Hafta GameStop Hisselerini Artırdı</a></h5>

Keith Gill Bu Hafta GameStop Hisselerini Artırdı

Table of Contents

COINTURK NEWS

Other articles published on Jun 14, 2024

Qubetics Whitelist And Its Early Bird Perks Baffle Already Stumbling Chainlink And Polkadot!

Domain name industry: Nigeria ranks second in Africa as registrations hit 4.33 million

Solana Facilitates Decentralized Applications with Emphasis on Scalability

Ethereum Staking Gains Popularity in Crypto World

Tate Devil to Surge 11,000%, Looks to Challenge Shiba Inu and Dogecoin

Senate to Review SEC and CFTC Budgets for 2025

Join our free newsletter for daily crypto updates!