After Keith Gill’s return to social media platform X, meme-coins witnessed a rally, with PEPE hitting an all-time high. PEPE’s price hiked 34% and reached $0.00001119 on Binance, making it a remarkable milestone. In addition, its trading volume hiked by 245%, reaching $1.56 billion. This results in PEPE being the 23rd largest cryptocurrency by market value. Moreover, this renewal coincides with Gill’s post, initiating a broader frenzy in the market, with meme-coins such as Solana-based GameStop soaring over 550%. Stocks related to Gill, including GME and AMC, also embrace significant profits, reflecting the revived sentiment of retail investors.
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