GME and KITTY memecoins spike alongside surge in GameStop stock | Headlines | News | CoinMarketCap

05/29/2024 04:02
GME and KITTY memecoins spike alongside surge in GameStop stock | Headlines | News | CoinMarketCap

Two memecoins trying to capitalize off of GameStop experienced a price increase following the firm's boost in share price.  The …

Two memecoins trying to capitalize off of GameStop experienced a price increase following the firm's boost in share price. 

The cryptocurrencies GME and KITTY surged 18.7% and 55%, respectively, according to crypto price data from CoinGecko. GME traded at $0.0047 while KITTY was valued at $0.0035, according to CoinGecko as of 4:36 p.m. ET (20:36 UTC) on May 28. 

The memecoin prices rose alongside GameStop stock, which traded at $23.78 at 4:19 p.m. ET (20:19 UTC) on May 28. The firm's shares rose 25.16% in the last 24 hours, according to NYSE

However, neither tokens are affiliated with GameStop. 

GME is a memecoin using the same ticker symbol as GameStop stock. KITTY gets its moniker from Roaring Kitty, the online username of former financial analyst Keith Gill, …

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