Is it too late to buy KITTY? Roaring Kitty Price surged 326% as Keith Gill revealed massive GME holdings, pushing this SOL rival past $3M.

adminJune 4, 2024

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The price of Roaring Kitty surged 326% to $0.008315 as of 10:33 AM EST, on a volume surge of 220%.

This follows a post by Keith Gill on social media platform Reddit. Gill, known by the pseudonym “Roaring Kitty,” indicated he owned $180 million worth of GME stock and call options.

Gill is known for playing a pivotal role in the 2021 short selling of GME stock. The Reddit post is Gill’s first since April 2021, posted on June 2 via the “DeepFuckingValue” account.

growling cat

He posted a snapshot showing 5 million GME shares purchased for $115.7 million. Additionally, the screenshot shows $65.7 million invested in call options.

Gill also shared a mysterious green UNO reverse card on X (formerly Twitter), adding to the number of cryptic posts and memes he has been releasing since his surprise return last May.

pic.twitter.com/zUuccrKWZr
— Roaring Kitty (@TheRoaringKitty) June 3, 2024

An enigma named Keith Gill leads the roaring kitty price.

Gill played a key role in early 2021, when his YouTube videos and Reddit posts in the subreddit WallStreetBets laid out his bullish thesis for GameStop stock. This encouraged others to invest in the company.

His analysis and commentary helped spark a buying frenzy among retail investors. This led to a massive retrenchment of Wall Street hedge funds that were betting against GameStop’s stock. As a result, stock prices soared, causing great confusion in the financial market and attracting great attention.

Roaring Kitty’s actions and public statements regarding GameStop ultimately made him a prominent figure in the stock market during that period. With the recent show of faith in GameStop, the market is betting that the rally will spread to Roaring Kitty prices.

Roaring Cat Price Prediction

Roaring Kitty prices hit an intraday high on Monday, hitting a high of $0.019234. Early profit booking followed, resulting in a 55% correction to $0.008345.

KITTY 1 day chart

TradingView: KITTY/USDT 1-day chart

For two hours, altcoins have been sweeping the upward trend with the Relative Strength Index (RSI) showing downward momentum. In particular, the RSI crossed below the yellow band of the signal line, which is often interpreted as a sell signal.

MACD (Moving Average Convergence Divergence) also hints at a possible sell signal and is triggered when the signal line crosses below the orange band. MACD’s histogram also reflects the same outlook, showing that the KITTY market is quickly turning to a downtrend amid continued selling.

Important support at the 38.2% Fibonacci retracement level of $0,007521 could be lost as the sellers wish. If this happens, the price will fall below the Fibonacci golden zone starting at $0.010927, which is the 61.8% Fibonacci retracement level. This will throw the Roaring Kitty price into the hands of the bears. A drop below this level will encourage more sell orders.

Kitty 2 hours

TradingView: KITTY/USDT 2-hour chart

On the other hand, the Roaring Kitty price could recover if investors take advantage of the correction and buy the dip. Nonetheless, only a high above the $78.6% neckline at $0.013352 would nullify the downside. In a very bullish case, intensified buying pressure could push KITTY back to its highs above the $0.020000 psychological level.

Elsewhere, investors are turning to SEAL, a new cryptocurrency ICO that has raised more than $3 million. Cypto YouTuber Cilinix Crypto reviews why investors should consider joining the Solana pre-sale project from the ground floor.

A promising alternative to Roaring Kitty

SEAL is a character that supports the Sealana ecosystem and is based on a chubby seal completely submerged in the Sea of Solana. The once sleek and agile character became so absorbed in the Degen deal that he became obese, eating chips and canned tuna.

If someone grabs you and turns you over!🖕Don’t shoot them, give them emotional support. $SEAL beer! 🍻🦭 Don’t let anything stop you from your goals of Massive Gains, Lambos and Freedom! 🇺🇸💰
Cheers to big wins and life #Sealand dream! 🦭🚀… pic.twitter.com/eww6YolDkk
— Sealana (@Sealana_Token) June 3, 2024

Now that Solana meme coins have become an investment of choice for the high-end market, Sealana is thriving. The project’s integration with the Solana blockchain is a key benefit that leverages Solana’s powerful performance, low fees, and rapidly expanding ecosystem.

Sealana is a “Send SOL” launch with no timers, steps, hard caps or whitepapers. The ICO can end at any time, so now is the perfect time to buy SEAL if you’re interested.

Buy Sealana tokens for $0.022 each here.