GME - Keith Gill's 'Roaring Kitty' Comeback Sparks 1400% Surge Of Kitty-Themed Meme Coin | Benzinga
The return of a social media legend has sparked a frenzy in the cryptocurrency world, with memecoins referencing him surging in value.
What Happened: Keith Gill, better known online as “Roaring Kitty,” was a key figure in the 2021 meme stock rally, targeting companies like GameStop (NYSE:GME) with his online activity.
After a long hiatus, Gill’s return to social media sent shockwaves through the financial world, with a new cryptocurrency named after Roaring Kitty (ROAR) seeing a staggering 1400% increase according to CoinGecko data.
This particular coin, despite having no affiliation with the company, capitalized on the hype surrounding Gill’s return.
Gill’s return wasn’t just felt in the world of traditional finance.
The meme coin market, known for its volatility and ties to social media trends, responded with a surge in memecoins referencing both Gill and GameStop.
These meme coins, easily created and traded, can experience massive price fluctuations due to their small size and limited availability.
One such memecoin, simply ...