Three years after the social media frenzy that sent GameStop stock prices soaring, Keith Gill, better known online as Roaring Kitty, has resurfaced with a cryptic post on the new version of Twitter (X). The unusually quiet Gill, who became a folk hero for retail investors during the 2020 GameStop saga, sparked a new wave of speculation with a simple image. A meme coin soared 500 percent following Gill’s post.
Roaring Kitty’s comeback sparks meme coin rise
Keith Gill, also known online as Roaring Kitty (also known by other nicknames like DeepF*ckingValue), posted a cryptic meme on X. The meme depicts a man, presumably Gill himself, leaning forward intently while holding a smartphone. The dark red chair he is sitting on and the accompanying red arrow pointing to the right are other elements in the image. This minimalist approach left the online community scrambling to decipher its meaning. Is it a bullish signal for the stock market? A hint at a new investment target? Or is it a fun comeback like the internet’s favorite meme stock?
The timing of the post roughly coincides with the anniversary of the peak of the GameStop saga, further intensifying the intrigue. Notably, the price of the Solana memecoin ($GME), created to commemorate the event, surged a staggering 698% within eight hours of Gill’s post. This spike suggests a potential connection between the meme and renewed interest in the GameStop story.
Gill was defending GameStop shares
“The $GME meme coin is a testament to the enduring power of the retail investor movement,” the token’s official website said. “This is a reminder that together we can challenge the status quo.” However, the website offers no link to Gill himself, leaving the question of his involvement unanswered. The silence surrounding Gill’s motives is reminiscent of his early days on the social media scene. In 2019, a then-unknown Roaring Kitty began defending undervalued GameStop shares on platforms like Twitter and YouTube.
His insightful analysis and unwavering belief attracted the interest of a group of retail investors. cryptokoin.com It contributed to the historic stock price increase in January 2021, as we reported. Gill’s quiet disappearance from the online scene in the wake of the GameStop frenzy left many fans yearning for his return. Its reemergence, albeit via a cryptic meme, has reignited the enthusiasm of the retail investor movement. Time will tell whether this is just a reflection of the past or the beginning of a new financial adventure.
To be informed about the latest developments, follow us twitter‘in, Facebookin And InstagramFollow on and Telegram And YouTube Join our channel!