Iconic retail stock trader/investor “Roaring Kitty,” who rose to fame during the 2021 meme stock surge, just posted on X for the first time since 2021, igniting a surge in the excitement that a new meme stock/meme coin trading season could be inbound, and with traders feverishly hunting for meme coins that could be the next GME stock.
GameStop icon Roading Kitty—Keith Gill in real life—posted a meme about “locking in.” The implication could be that Roaring Kitty is about to refocus on his trading.
pic.twitter.com/YgjVqtgcNS
— Roaring Kitty (@TheRoaringKitty) May 13, 2024
GameStop was last up 70% on Monday, with GME reaching around $30 as per Yahoo Finance. Roaring Kitty was a major champion of beaten-down stock GameStop prior to its stunning 2021 pump.
Roaring Kitty’s GameStop position is thought to have surged to as much as $50 million in 2021 at its peak.
Other popular stocks during the 2021 meme stock craze also picked up. AMC Holdings (AMC) was up 45% on Monday.
The return of Roaring Kitty hasn’t just sparked excitement in meme stock markets. Indeed, there has been a surge in risk-taking activity in across the crypto meme coin space.
Scores of meme coins related to Roaring Kitty, Gamestop, and the 2021 meme stock craze are pumping.
Roaring Kitty (KITTY) was up 21,000% in 24 hours, as per DEXTools. Wall Street Bets (WSB) was up 4,500%. And GamgeStop (GME) was up 2,200%.
None of these meme coins have any official connection to the original persons/communities/companies. They are purely just borrowing the name.
Additionally, none of these meme coins, beyond their 2021 meme stock craze links names, have any real utility or prospect of long-term growth.
Traders looking for the next GME stock should check out these meme coins
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