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

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May 13, 4:16 pm
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GameStop's Share Price Doubles, Fueling Surge In GameStop-Themed Meme Coin on Solana

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.

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