- When Roaring Kitty’s puppy photo went viral, the value of CHWY token skyrockets.
- A puppy photo posted by Roaring Kitty caused the CHWY token to rise by more than 11,000%.
- In a recent livestream, Keith Gill gave GameStop CEO Ryan Cohen high marks, which had an effect on linked meme currencies.
Following the posting of a dog picture by Keith Gill, as Roaring Kitty, on his X profile, an unconnected Solana blockchain meme coin with the ticker CHWY saw an increase of more than 11,000%. Data from DEXTools verified the price change.
This sharp rise was observed for the CHWY token, which has nothing to do with the online retailer Chewy, even though Gill’s article was devoid of any content or clear allusions.
In a recent YouTube livestream, Gill commended Ryan Cohen, the inventor of Chewy and CEO of GameStop.
Specifically, Ryan f***ng Cohen, of course. Gill stated, highlighting his emphasis on GameStop’s management, “Ryan Cohen and his team.”
Prior to joining the GameStop board, Cohen obtained a large investment in the company. In 2023, he was appointed CEO.
Following the news, Solana-based meme coin GME saw an almost 10% increase.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.