In 2021, the return of financial analyst Keith Gill, one of the main characters in the major “short squeeze” events at GameStop, to X also benefited PEPE. PEPE, the 3rd largest meme coin after Dogecoin and Shiba Inu, continued its upward movement that started yesterday evening and reached its all-time high today.
GameStop flies like meme coins
The analyst nicknamed “Roaring Kitty” tweeted just one tweet yesterday, causing a huge rise in the meme coin called KITTY and GME coin. After the US markets opened at 16.30 TSI, GameStop shares also took flight. Movements in GME, which increased by more than 90 percent, caused circuit breaker operation 6 times. GME’s increase in the last 1 month was 445%.
New post raises PEPE
Behind the rise in PEPE was a new post by Keith Gill. The fact that the faces of the characters in the movie Gangs of New York turned green, like PEPE’s character, was perceived as a message by crypto followers. PEPE surged more than 20%, while Shiba Inu, DOGE and WIF were among the other meme tokens to rise.
Is Coinbase coming?
On the other hand, some rumors that the Coinbase exchange will also list PEPE did not go unnoticed on social media. Some users even claimed that today’s system problem at Coinbase was related to the PEPE listing. The fact that Coinbase did not make a statement on the issue kept the rumors hot. PEPE continued its rise here and made ATH ($0.000011) today.
Meme coin is trading at $0.000011 at the time of writing.