As a researcher with a background in financial markets and experience following the retail trading community, I find Keith Gill’s return to livestreaming and social media after three years an intriguing development. The impact of his presence on GameStop (GME) shares and the Solana-based meme token with the same name has been significant, to say the least.
As a dedicated crypto investor following the market closely, I was excited to learn that retail trading icon Keith Gill, better known online as Roaring Kitty or DeepF\*ckingValue, made a surprise return to live streaming after a long absence on Friday.
During Gill’s presentation, stocks kept dropping as he tried to make a case for the long-term bullish trend of GameStop. Currently, they have declined by approximately 40% for the day.
Last month, after a three-year absence from social media, Gill reignited buzz around GameStop, sparking a flurry of activity. This excitement extended to the memecoin sector, where several new tokens emerged on the Solana blockchain, capitalizing on the trend.
Last Thursday, Gill disclosed on Reddit that his stocks and options held a total value of approximately $586 million.
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2024-06-07 20:22