JPM - Why Roaring Kitty 'Has Already Won' According To Crypto Traders | Benzinga
Keith Gill and his massive bet on GameStop (NYSE:GME) stock sparked a debate within the cryptocurrency community about its consequences and lessons for the crypto industry.
What Happened: Roaring Kitty could become a billionaire on Friday if GME reaches $69 per share and many within the crypto space are celebrating Gill’s potential win.
“Roaring Kitty has already won,” declared veteran trader TheFlowHorse.
“After this is closed out, I think this whole performance goes down in history as one of the greatest of all time.”
This sentiment resonates with the “David vs. Goliath” narrative often embraced by crypto investors, who see themselves challenging established financial institutions.
Others highlighted key differences between the GME saga and the cryptocurrency market.
Ludwig ...