TheRoaringKitty Comeback- GameStop Stock and Memecoins Surge

The living legend - TheRoaringKitty has officially returned after three years of absence. Immediately following a tweet on Twitter, the price of GameStop stock and related memecoins surged significantly.

Theroaringkitty Comeback Azc

The Return of the Legend – TheRoaringKitty?

Recently, a well-known figure on social media platform X (formerly Twitter) known by the nickname “TheRoaringKitty” is believed to have sparked a wave of sudden price surges in several cat-themed cryptocurrencies on the Solana blockchain, as well as in the stock of GameStop (traded under the ticker GME on the NYSE).

This user posted a simple image with the implication of “locking in” – a term suggesting a phase of high concentration and switching to “serious mode.” The community on X and Reddit largely took this as a signal that “the time is right” to re-enter the financial market.

According to sources, “TheRoaringKitty” is the personal account of Keith Gill – the legendary trader who caused the dramatic price surge of GameStop stock in 2021, defying negative assessments from leading hedge funds in the U.S. and far exceeding initial predictions by Wall Street experts.

This is the first time since mid-2021 that TheRoaringKitty has been active on social media, attracting significant attention and anticipation within the investment community.

Related: Binance Announces Listing of Notcoin (NOT) on Launchpool

GameStop Stock and “Memecoins” Explode

With just a simple image, stocks and meme cryptocurrencies associated with Keith Gill witnessed a surprising growth wave. GameStop’s GME stock, the company where Gill played a crucial role in driving up the price in 2021, is currently trading around $30, a staggering 74% increase from the previous period.

TheRoaringKitty Comeback- GameStop Stock and Memecoins Surge

This event once again underscores the influence of “TheRoaringKitty” on the market. Besides GME stock, decentralized exchanges (DEX) also saw a wave of new token issuances related to Gill, GameStop, and the term “stonks” – a meme word for stocks – within the past 24 hours. A prime example is the small-cap memecoin KITTY with a cat theme, which surged by thousands of percent.

Notably, cat-themed memecoins have appeared on various blockchains, reflecting the widespread popularity of this phenomenon in the cryptocurrency community.

(2 votes)

4.5/5

(2 votes)
  1. Avatar of
    Anonymous

    💪💪

Comments are closed.

Latest

Crypto Trader James Wynn Loses $99 Million In A Week

News | Altcoin | Editor Choice

Crypto Trader James Wynn Loses $99 Million in a Week

Crypto trader James Wynn lost $99 million in just one week due to failed Bitcoin bets, while another trader made $17 million by taking the opposite positions.

Most Ethereum Etf Investors Deep In The Red

News | Altcoin | Editor Choice

Most Ethereum ETF Investors Deep in the Red

Most investors in BlackRock and Fidelity’s Ethereum ETFs are suffering heavy losses as Ether’s price falls well below their entry levels, amid volatility driven by former President Trump’s trade policies.

Trading Volume On Pancakeswap Reaches $138 Billion, Surpassing Uniswap

Altcoin | Editor Choice

Trading Volume on PancakeSwap Reaches $138 Billion, Surpassing Uniswap

Thanks to strong support from CZ and Binance exchange, PancakeSwap's trading volume in May reached $138 billion, far surpassing Uniswap.

Deepseek Unveils Upgraded Ai Model, Claims Performance On Par With Chatgpt And Gemini

News | AI | Editor Choice

DeepSeek Unveils Upgraded AI Model, Claims Performance on Par with ChatGPT and Gemini

DeepSeek, a leading AI company in China, has unveiled a powerful new model with advanced reasoning capabilities, claiming performance on par with ChatGPT and Gemini, further intensifying the global AI race.

Sec Officially Withdraws Lawsuit Against Binance And Cz

Editor Choice | Policy & Regulations

SEC Officially Withdraws Lawsuit Against Binance and CZ

The SEC has officially withdrawn its lawsuit against Binance and CZ, concluding the final legal actions by the SEC targeting cryptocurrency.