GameStop’s stock price The GME token is GME trading volume jumped from about $15 million over a 24-hour span to about $280 million as of this writing, with sizable demand backing the huge price spike. The token’s market cap sits at $68 million as of this writing.GameStop’s stock price nearly doubled from Friday’s close to Monday’s open, jumping from under $23 to just over $40. The rise was fueled by the return of It’s something of an aftershock following Roaring Kitty’s initial return in mid-May, nearly three years after disappearing from social media following 2021’s meme stock saga. Back then, his livestreams, tweets, and Reddit posts helped drive an enormous surge in GameStop’s stock price and also led to a short squeeze that cost hedge funds billions of dollars.His mid-May return resulted in a massive boost in the price of GameStop shares—and the GME token on Solana, too—but the hype cooled after he again faded from view following a week’s worth of tweeted memes and movie clips.Now he’s back again, pic.twitter.com/zUuccrKWZr— Roaring Kitty (@TheRoaringKitty) June 3, 2024But GameStop’s share price has cooled since the opening, falling to a price of about $30 at present. While up 30% from Friday’s close, it’s also down about 25% from Monday’s peak price.The GME meme coin on Solana is now down by just over 40% from the peak price set late Sunday, despite the massive 140% gain over the last 24 hours.
