GME - Roaring Kitty Return Yields Investor $300K Unrealized Profit On Ethereum-Based GME Meme Coin | Benzinga
After ‘Roaring Kitty‘ revealed his massive position in GameStop (NYSE:GME) stock, several GameStop-related meme coins experienced a massive surge, yielding one meme coin investor an unrealized sig-figure profit.
What Happened: According to a blockchain analyst, one investor, identified by the wallet address 0x8bd…ac6a2, made an unrealized profit of about $300,000.
This investor accumulated 84.8 billion GME tokens between May 17 and May 30, spending 6.12 Ethereum (CRYPTO: ETH) (approximately $23,000) at a cost of $0.000002728 per token.
As of now, the investor has not sold or transferred any of these holdings, achieving a 1346% return
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