Roaring Kitty: The Return of the Maestro of Meme Stocks

Who do you think is back? It is none other than the infamous ‘Roaring Kitty’, who is causing a sensation on social media again after three years. If you’re out of the loop, here’s what you need to know about the resurgence of this meme stock virtuoso.

Who is Growling Kitty?

“Roaring Kitty” is the nickname of retail trader Keith Gill, who gained widespread attention amid the Reddit-driven frenzy around GameStop in 2021. Gill, a Massachusetts native, has become a symbol of the little man who dominates Wall Street.

It is rumored that Keith made over $40 million from start to finish from the GameStop trade.

come back

After about three years of quiet time, roaring kitty I’m revitalized by being active on social media. It all started with a simple post from a gamer on a Sunday night showing him focused. Then the Internet exploded with excitement.

This simple tweet received over 24 million views in just one day.

Soon enough, the X account continued the flow of memes and the internet went wild.

Impact on Meme Stock

The sudden reappearance of the growling kitty didn’t just cause a stir. It sent ripples through the stock market. Immediately after his return, meme stocks like GameStop and AMC saw significant price increases. For those who remember the madness of 2021, it was a moment of déjà vu.

random meme coin ticker of cat

Cryptographers clearly don’t lose any sleep over this. Random cat tickers started appearing and were often pumped and abandoned.

One thing that stood out was Solana’s $KITTY. This meme coin has been around since early April and its market capitalization skyrocketed from $500,000 to $30 million in a matter of minutes.

Tickers like $GME and $BANG have also printed good bags for many meme coin traders.

Some large-cap meme coins also saw big moves, with $PEPE up 20% in a day, while $BONK, $WIF, $DOGE, and $BOME all saw big green candles.

The legend continues

2021 Meme Stock Mania’s connection to the road is well-documented. His bullish stance on GameStop and updates on his investments have become legendary. In fact, his story made it to the big screen in the movie ‘Dumb Money’.

Setting the record straight

Despite the hype surrounding him, Gill has maintained that his social media posts are purely educational. During his testimony before Congress, he emphasized that his investment decisions were based on publicly available information. He presented himself not as a manipulative mastermind, but as someone who truly believed in the value of GameStop.

final thoughts

Love him or hate him, Roaring Kitty’s return is a reminder of the power of individual investors in an ever-changing financial landscape. Whether he’s sparking stock surges or sharing investment insights, one thing is certain: The cat’s roar isn’t going away anytime soon.

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You may also like our other blogs about Meme Coin Airdrops or $WIF guides.