Roaring Kitty-themed memecoins have seen massive gains following a surge in GameStop’s stock over the last 24 hours.
Data from CoinGecko shows that the memecoins GME, KITTY, and ROAR have skyrocketed by 115%, 235%, and 94%, respectively. They are currently trading at $0.02601, $0.0312, and $0.00132.
GameStop shares spiked in pre-market trading on Friday after Keith Gill, famously known as “Roaring Kitty,” announced his return to YouTube for the first time in three years. Gill had previously rallied retail investors to support the struggling video game retailer.
The Roaring Kitty YouTube channel, which has over 700,000 subscribers, announced a live stream scheduled for today. Following this announcement, GameStop’s stock price surged, now up 31% in pre-market trading to $61.21.
GME is a Solana-based memecoin that shares the same ticker symbol as GameStop stock but has no official link to the retailer. ROAR and KITTY are themed around Gill’s Roaring Kitty persona from the GameStop short squeeze three years ago but have no formal connection to him either.
Impressively, this GME has jumped over 5500 percent in the past four weeks, reaching a market cap of about $191 million and an average 24-hour trading volume of around $318 million.
Previously, Gill’s return to social media sparked a new meme coin frenzy. The meme coin market had already seen a rally led by Solana-based projects like Pepe (PEPE) and Floki Inu (FLOKI).
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