Reddit

GameStop

Kitty

<p>The post <a href="https://coinpedia.org/press-release/meme-coins-soar-as-gamestop-trader-roaring-kitty-makes-return/" rel="noopener noreferrer nofollow">Meme Coins Soar as GameStop Trader Roaring Kitty Makes Return</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Roaring Kitty, an infamous trader credited with igniting the 2021 GameStop frenzy, has returned after a three-year hiatus, and meme coin prices have exploded as a result.</p>
<p>The total meme coin market cap has gained 8.8% over the past 24 hours, while some individual projects have seen much more significant upswings.</p>
<h2 class="wp-block-heading" id="h-meme-tokens-outpace-the-market-on-roaring-kitty-return">Meme Tokens Outpace the Market on Roaring Kitty Return</h2>
<p>While the total crypto market cap is green today and up 2.1%, it has been decisively outpaced by meme coins as Roaring Kitty resurfaces.</p>
<p>Keith Gill, known as Roaring Kitty, returned to social media after three years. He shared a sketch of a gamer leaning forward, alluding that things are about to get serious.</p>
<p>Gill was at the centre of GameStop’s 2021 frenzy, where retail investors on social media sites like Reddit and YouTube mounted a Wall Street rebellion by “short-squeezing” TradFi players.</p>
<p>The trader’s tweet garnered an explosive reaction with over 22 million views and responses from top crypto industry figures.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="zxx" dir="ltr"><a href="https://t.co/YgjVqtgcNS" rel="noopener noreferrer nofollow">pic.twitter.com/YgjVqtgcNS</a></p>— Roaring Kitty (@TheRoaringKitty) <a href="https://twitter.com/TheRoaringKitty/status/1789807772542067105?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 13, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Prominent Solana meme coin trader Ansem <a href="https://x.com/blknoiz06/status/1789898861315543061" target="_blank" rel="noopener noreferrer nofollow">responded</a>, “Hey bro, what are we buying?”&nbsp;</p>
<p>This is the top-performing response, reflecting that traders seek more meme coin exposure.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large is-resized"><img decoding="async" width="1024" height="326" src="https://image.coinpedia.org/wp-content/uploads/2024/05/14132051/image-313-1024x326.png" alt="ansem-tweet" class="wp-image-302415" style="width: 100%;height:auto" srcset="https://image.coinpedia.org/wp-content/uploads/2024/05/14132051/image-313-1024x326.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132051/image-313-300x95.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132051/image-313-768x244.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132051/image-313-150x48.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132051/image-313.png 1182w" sizes="(max-width: 1024px) 100vw, 1024px">
 </figure>
</div>
<p>Analyst DeFi Victor <a href="https://twitter.com/thedefivillain/status/1790005505156325386" target="_blank" rel="noopener noreferrer nofollow">underscored</a> that the leading meme coins, DOGE, SHIB, PEPE, and BONK, have averaged a significantly higher gain than other crypto sectors today.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="652" src="https://image.coinpedia.org/wp-content/uploads/2024/05/14132100/image-314-1024x652.png" alt="bitcoin-us-chart" class="wp-image-302416" srcset="https://image.coinpedia.org/wp-content/uploads/2024/05/14132100/image-314-1024x652.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132100/image-314-300x191.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132100/image-314-768x489.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132100/image-314-1536x978.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132100/image-314-150x96.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132100/image-314.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Currently, the top eight meme coins by market cap have notched at least 6% gains over the past 24 hours.</p>
<p>Pepe spearheads the move, up 19% today. Meanwhile, Popcat is another prominent meme coin that has seen success, currently up 27%.</p>
<p>However, lower market cap meme coins have witnessed the most significant gains. For instance, the newly launched GME, which holds the same ticker as GameStop, has soared 211% today and peaked much higher in the hours following Roaring Kitty’s return.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="461" src="https://image.coinpedia.org/wp-content/uploads/2024/05/14132104/image-315-1024x461.png" alt="gme/sol chart" class="wp-image-302417" srcset="https://image.coinpedia.org/wp-content/uploads/2024/05/14132104/image-315-1024x461.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132104/image-315-300x135.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132104/image-315-768x346.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132104/image-315-1536x692.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132104/image-315-150x68.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132104/image-315.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Meanwhile, a meme coin paying homage to the decorated retail trader, called Roaring Kitty, has pumped 306% today and currently holds a $28 million market cap.</p>
<p>Interestingly, this token launched over one month before Roaring Kitty’s return and experienced significant bearish momentum.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="467" src="https://image.coinpedia.org/wp-content/uploads/2024/05/14132109/image-316-1024x467.png" alt="kitty-sol chart" class="wp-image-302418" srcset="https://image.coinpedia.org/wp-content/uploads/2024/05/14132109/image-316-1024x467.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132109/image-316-300x137.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132109/image-316-768x350.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132109/image-316-1536x701.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132109/image-316-150x68.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132109/image-316.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Meme stocks like GameStop, AMC Entertainment, and Trump Media also surged following Roaring Kitty’s return to X.&nbsp;</p>
<p>The revival has also sparked excitement for WienerAI, a new presale crypto that has surged past $1.7 million total raised.</p>
<h2 class="wp-block-heading" id="h-could-wienerai-be-the-next-meme-coin-to-pump">Could WienerAI be the Next Meme Coin to Pump?</h2>
<p>Roaring Kitty’s return is great for the meme coin sector, rekindling the utopian memetic zeitgeist from 2021.</p>
<p>However, the new AI meme coin-crossbreed <a href="https://coinpedia.care/b_wienerdogai-en_80538?referrer=meme-coins-soar-as-gamestop-trader-roaring-kitty-makes-return%5C" target="_blank" rel="noopener noreferrer nofollow">WienerAI</a> is seeing outsized gains as investors race for the lowest presale price.</p>
<figure class="wp-block-image size-large"><img decoding="async" width="1024" height="600" src="https://image.coinpedia.org/wp-content/uploads/2024/05/14132116/image-317-1024x600.png" alt="winer-ai" class="wp-image-302419" srcset="https://image.coinpedia.org/wp-content/uploads/2024/05/14132116/image-317-1024x600.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132116/image-317-300x176.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132116/image-317-768x450.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132116/image-317-1536x900.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132116/image-317-150x88.png 150w, https://image.coinpedia.org/wp-content/uploads/2024/05/14132116/image-317.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Positioned at the crux of crypto’s two hottest narratives, the return of a memetic legend only adds to WienerAI’s bull case.</p>
<p>On the surface, WienerAI is a sausage-dog-themed token that is vying to establish a “sausage army” for meme coin domination.</p>
<p>But that’s just his market-facing narrative. Behind his puppy-dog eyes is an avant-garde AI trading bot that supercharges its users’ trading capabilities.</p>
<p>Predictive, instant, MEV-free, and noob-friendly are all qualities you would look for in a revolutionary trading bot, and that’s precisely what WienerAI delivers.</p>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"><iframe title="Wiener AI: Top AI Meme Crypto For 2024" width="1220" height="686" src="https://www.youtube.com/embed/WqoMxihL0dg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </div>
</figure>
<p>In a bid for long-term stability and growth, <a href="https://coinpedia.org/press-release/everything-you-need-to-know-about-vaneck-meme-coin-index/" target="_blank" rel="noopener noreferrer nofollow">WienerA</a>I has launched a staking layer that currently provides a 554% APY. However, this will decrease as the staking pool grows.</p>
<p>The WienerAI presale total raise reflects a deep-rooted market appetite and lays the way for an explosive IEO.</p>
<p>Market participants can currently buy $WAI for $0.000706, but this price will rise throughout the presale. The next uptick will occur in four hours or when the total raise hits $1.8 million.</p>

Meme Coins Soar as GameStop Trader Roaring Kitty Makes Return

Table of Contents

CoinPedia News

Other articles published on May 14, 2024

US Crypto Regulations Tighten as Joe Biden Blocks Chinese-Owned Mining Site

Ethereum ETFs Risk Denial By SEC, Bloomberg Analyst Warns

OpenAI Unveils GPT-4 Omni: A New Era in AI Conversation

OKX Launches Regulated Entity in Australia Amid APAC Expansion

Investors Focus on Ethereum Options in June

Bitcoin Backers Return: Weekly Crypto Investments Bounce Back With $130 Million

Join our free newsletter for daily crypto updates!