Roaring Kitty ignites the market again, a look at the top ten related memes

Author: Nan Zhi, Odaily Planet Daily

Three weeks ago, Roaring Kitty, who once led retail investors to beat Wall Street shorts, reappeared in the public eye after three years, triggering a new round of surges in GME. However, aside from the first tweet upon his return, which featured a suggestive image, the content posted by Roaring Kitty consisted of movie clips, and updates ceased a few days later, causing the related market interest to cool down again.

However, just yesterday, Roaring Kitty posted a position screenshot on Reddit after three years. The screenshot showed that Roaring Kitty held GME stock and GME call options, with the call options set to expire on June 21, 2024, showing a floating loss of $2.46 million at the time of posting.

Additionally, Roaring Kitty also posted a similarly suggestive image on the X platform, featuring a function card from the UNO game, symbolizing "reverse." The Meme token related to the Roaring Kitty concept was also launched, with the eponymous Meme coin GME rising 268% in a single day, and its market cap once again surpassing $100 million. GME stock also surged over 100% in pre-market trading.

Early this morning, Roaring Kitty updated the position screenshot again, revealing that his position had gained $78.6 million overnight. The GME call options turned profitable, yielding $51.83 million, compared to a loss of $2.46 million yesterday. The profit from GME stock holdings rose from $9.23 million yesterday to $33.62 million.

According to the Wall Street Journal, Roaring Kitty may be delisted from the retail stock trading platform ETrade. Insiders indicated that investment giant Morgan Stanley's ETrade is "increasingly concerned that his recent purchases of GameStop (GME) stock may involve stock manipulation." Additionally, the U.S. SEC will review some trades of GameStop call options.

Related Investment Concepts Overview

Roaring Kitty has posted position screenshots for two consecutive days, which may indicate that he will continue to release related content before the expiration of the call options on June 21. As a representative of the attention economy, memes with high heat and continuity may serve as speculative topics, and even if investigated by U.S. official organizations or restricted in actions, they can still become concepts for Meme tokens. Odaily will summarize the concepts related to Roaring Kitty in this section to help readers understand that a certain token is being speculated upon, but it is not direct investment advice; therefore, this article will not provide contract addresses directly.

GME: The target that Roaring Kitty led retail investors to beat the shorts, and the most directly related target to his concept. The hottest eponymous token is on Solana (see below), with a market cap of $100 million. There is also a highly followed eponymous token on Ethereum, with a market cap of $16 million.

AMC (AMC Theatres): Another Meme stock target after GME in 2021, and AMC was also subjected to the "pulling the plug" treatment by Robinhood along with GME, with NOK (Nokia) also being suspended from trading. This token mainly fermented on Solana, and AMC currently has a market cap of $7.5 million.

Kitty: The eponymous concept of Roaring Kitty, which reached a market cap of $35 million at its peak three weeks ago, currently has a market cap of $7.25 million.

Superstonk: Roaring Kitty chose to post in this section in the past two days. Superstonk is a subreddit on Reddit specifically for discussing GME. The current market cap is $2.3 million.

WSB (wallstreetbets): The main posting ground for Roaring Kitty back in the day, where his position screenshots were publicly shared daily in this subreddit.

DFV: The abbreviation for Roaring Kitty's Reddit account name, DeepFuckingValue.

Keith Gill: Roaring Kitty's real name, with tokens renamed after him, such as kith gil.

Ryan Cohen: CEO of GME, with tokens sharing his name, such as COHEN.

Melvin: The institution Melvin Capital that lost $3 billion in the GME short squeeze.

In addition to the above direct concepts, a batch of mixed concepts has also emerged, such as GayStop, which combines the recent popular LGBTQ theme with GameStop, requiring readers to discern for themselves.