Meme Stocks GME, AMC and Related Meme Coins Take a Hit as Roaring Kitty's Influence Wanes

The Roaring Kitty craze appears to be dwindling at a swift pace, as evidenced by Gamestop’s stock, GME, which has dipped between 3-5% against the U.S. dollar during Tuesday’s mid-day trading sessions. Similarly, the meme stock AMC Entertainment Holdings, or AMC, has also experienced a decrease of approximately 1.87%. According to the cryptocurrency market cap aggregator, coingecko.com, several meme coins linked to the Wall Street Bets, Roaring Kitty, and meme stock phenomenon, have begun to incur losses. For instance, the roaring kitty token (KITTY) has plummeted by over 18%, wsb coin (WSB) has suffered a 40% loss, and the wall street baby (WSB), with the same ticker but hosted on Solana, has seen a decline of 56% in the past day. These developments come in the wake of reports suggesting that Etrade is mulling over the possibility of prohibiting Keith Gill’s (Roaring Kitty) account.