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Inflation Data Comes in Hot as GameStop and GME-Inspired Memecoin on Solana Continue Ripping Higher

Inflation Data Comes in Hot as GameStop and GME-Inspired Memecoin on Solana Continue Ripping Higher

Gamestop and a GME-inspired memecoin are rallying harder as hotter-than-expected inflation data boosts risk appetite in crypto and stocks. The producer price index (PPI), which measures what producers receive for their goods, increased 0.5% in April and was up 2.2% on a 12-month basis, according to the latest release from the Bureau of Labor Statistics […]

The post Inflation Data Comes in Hot as GameStop and GME-Inspired Memecoin on Solana Continue Ripping Higher appeared first on The Daily Hodl.

Analyst Benjamin Cowen Says Grand Finale for ‘Altcoin Reckoning’ Already Underway – Here’s His Timeline

Gamestop Shares Surge 70% as Roaring Kitty Returns to Social Media

Gamestop Shares Surge 70% as Roaring Kitty Returns to Social MediaGamestop shares climbed by 70% today, representing the most significant gain since 2021, triggered by a mysterious social media post from Roaring Kitty, the figurehead of the earlier meme stock and Wall Street Bets craze. This sharp rise in the stock’s value occurred alongside pronounced trading instability and numerous suspensions. The Return of Roaring Kitty […]

Analyst Benjamin Cowen Says Grand Finale for ‘Altcoin Reckoning’ Already Underway – Here’s His Timeline