GameStop

Roaring Kitty

Kitty

Roaring Kitty-themed memecoins have seen massive gains following a surge in GameStop’s stock over the last 24 hours. 
Data from CoinGecko shows that the memecoins GME, <a href="https://www.coingecko.com/en/coins/roaring-kitty-solana" target="_blank" rel="noreferrer noopener nofollow">KITTY</a>, and ROAR have skyrocketed by 115%, 235%, and 94%, respectively. They are currently trading at $0.02601, $0.0312, and $0.00132. 
GameStop shares spiked in pre-market trading on Friday after Keith Gill, famously known as “Roaring Kitty,” <a href="https://www.youtube.com/watch?v=U1prSyyIco0" target="_blank" rel="noreferrer noopener nofollow">announced</a> his return to YouTube for the first time in three years. Gill had previously rallied retail investors to support the struggling video game retailer. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 🚨🇺🇸BREAKING: 'ROARING KITTY' SET TO BECOME BILLIONAIRE AS GAMESTOP STOCK SURGES As GameStop ($GME) stock soars to $67.50/share in after-hours trading, "Roaring Kitty," the investor who helped spark the meme stock frenzy, is poised to become a billionaire. If <a href="https://twitter.com/search?q=%24GME&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$GME</a> opens at or… <a href="https://t.co/VXJMWwFvXW" target="_blank">https://t.co/VXJMWwFvXW</a> <a href="https://t.co/tpwyVytyWE" target="_blank">pic.twitter.com/tpwyVytyWE</a>— Mario Nawfal (@MarioNawfal) <a href="https://twitter.com/MarioNawfal/status/1798918853302661349?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">June 7, 2024</a>
 </blockquote> 
 </div>
</figure> 
The Roaring Kitty YouTube channel, which has over 700,000 subscribers, announced a live stream scheduled for today. Following this announcement, <a href="https://www.cryptotimes.io/2024/06/04/gamestop-shares-surge-as-roaring-kittys-investments-raise-questions/" target="_blank" rel="noreferrer noopener">GameStop’s stock price surged</a>, now up 31% in pre-market trading to $61.21. 
GME is a Solana-based memecoin that shares the same ticker symbol as GameStop stock but has no official link to the retailer. ROAR and KITTY are themed around Gill’s Roaring Kitty persona from the GameStop short squeeze three years ago but have no formal connection to him either. 
Impressively, this GME has jumped over 5500 percent in the past four weeks, reaching a market cap of about $191 million and an average 24-hour trading volume of around $318 million. 
Previously, Gill’s return to social media sparked a new meme coin frenzy. The meme coin market had already seen a rally led by Solana-based projects like Pepe (PEPE) and Floki Inu (FLOKI). 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2024/06/05/pump-fun-hits-30m-revenue-in-solana-memecoin-craze/" target="_blank" rel="noreferrer noopener">Pump.fun Hits $30M Revenue in Solana Memecoin Craze</a> 
</blockquote>

GameStop Rally Boosts Roaring Kitty Memecoins to New Highs

The Crypto Times

Other articles published on Jun 7, 2024

Upbit Adds Tether to Trading Markets

Hulk Hogan Denies Involvement in Memecoin Shilling

Michaël van de Poppe Reshuffles Portfolio as Franklin Templeton Eyes Altcoin Fund

PlayDoge Token Achieves $1.7 Million Just One Week After Reaching $200,000

Bitcoin Demand Shock Explained: Buying Pressure, Open Interest, Funding Rates

Semler Scientific Buys $17 Million to Raise Bitcoin Holdings to 828 BTC

Join our free newsletter for daily crypto updates!