Returning Twitter Users Spark Meme Coin GME Craze, Value Soars to $1.96 Million After Insider Purchase

LookonChain monitoring has reportedly shown that many Meme coins named GME have been created as a result of @TheRoaringKitty's return on Twitter. An insider on the Ether blockchain spent 5.98 ETH (about $17,700,000) on 146.11 billion Meme Coins GME using 21 wallets, and the current value of these tokens has reached $1.96 million. Investors should be wary of insider dumping and be careful when making purchases.