Meme Coins Surge on Roaring Kitty’s Return
The meme coin market has seen a recent surge in activity, with three Roaring Kitty-inspired coins seeing double-digit price increases over the past day.
- GME
- KITTY
- ROAR
These tokens, which are not officially affiliated with Keith Gill, have benefited from his recent return to social media. Gill, who gained notoriety for his role in the GameStop short squeeze in 2021, has been active on X and YouTube.
While there is no official confirmation of Gill’s involvement with these meme coins, his presence has caused a stir in the market, leading to increased interest and volatility.
- GME is a Solana-based token that uses the same ticker symbol as the video game retailer GameStop.
- KITTY is also Solana-based and is inspired by Gill’s online nickname, “Roaring Kitty.”
- ROAR, on the other hand, is based on Ethereum.
The surge in these meme coins highlights the influence of social media and key figures like Gill in the cryptocurrency market. However, investors should always exercise caution and conduct thorough research before making any investment decisions.
