Keith Gill, the stock trader and analyst known on social media as “The Roaring Kitty” and who largely fueled the GameStop frenzy in late 2020, has signaled his return to the markets after three years of silence.
While the financial analyst nicknamed “The Roaring Kitty” shared from his X account after a long break, a Solana-based meme token experienced a significant rise after this post.
Although there is no clear statement about Keith Gill's return, his post increased speculation about Gill's return. At this point, the price of Roaring Kitty (KITTY), a Solana-based meme token, has increased by more than 6000%.
This increase in KITTY allowed one lucky investor to make a 32x profit. According to Lookonchain's post, before Keith Gill's post, this investor spent 21.1 SOL (worth 3 thousand dollars) to buy 17.4 million KITTY.
While the price of KITTY increased after Gill's post, the investor sold for 41 thousand dollars and still holds KITTY, whose approximate value is 56 thousand dollars.
“Memecoin KITTY increased by over 6000% after TheRoaringKitty shared on Twitter.
One lucky guy spent 21.1 SOL ($3k worth) to buy 17.4 million KITTY before TheRoaringKitty tweeted.
After KITTY rose, he sold 12.8 million KITTY for 294 SOL (worth $41k), leaving 4.6 million KITTY (worth $56k).
Profit $94k (32x)!”
After Keith Gill's post on At this point, the GME price has increased by 158% in the last 24 hours.
The MEMEcoin $KITTY is up over 6000% due to the return of @TheRoaringKitty on Twitter.
A lucky guy spent 21.1 $SOL($3K) to buy 17.4M $$KITTY before @TheRoaringKitty tweeted.
After $KITTY surged, he sold 12.8M $KITTY for 294 $SOL($41K), with 4.6M $KITTY($56K) left.
The profit… pic.twitter.com/TemTMpWgW7
— Lookonchain (@lookonchain) May 13, 2024
*This is not investment advice.
