Dog-themed memecoins surged by 2.2%, while cat-themed memecoins hiked by 16.2%, is well known for his influential tweets that typically affect U.S video game company GameStop’s shares, as well as the GameStop-inspired
However, this time, Gill’s post had a broader impact on the market. It allowed GME and other major pet care stocks and pet-inspired memecoins to appreciate immediately on the charts.Impact exceeds expectations Simultaneously, a few pet-related stocks like Chewy, Inc. and PetMed Express, Inc. also recorded significant percentage increases. However, these gains were short-lived.Since the memecoin GME typically mirrors GME’s stock prices, it too surged by 14.57% in the last 24 hours. The memecoin’s bullishness was confirmed by the RSI remaining above the neutral level on the 4-hour chart.
Source: News Formal (newsformal.com)
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