‘The Dog Days Are Over’: Cat Memecoins Soar 16.1% After Roaring Kitty’s Return

‘The Dog Days Are Over’: Cat Memecoins Soar 16.1% After Roaring Kitty’s Return


On Monday, popular internet figure and trader “Roaring Kitty” made a surprise comeback to social media that sent the crypto market into shock and excitement.

His return post was followed by a series of cryptic videos, including catsm, which seemingly fueled a price increase for cat-themed memecoins in the past 24 hours.

Memecoin Frenzy And Market Reaction

Keith Gill, known as “The Roaring Kitty,” returned to social media after a three-year hiatus by posting the popular “leaning forward in the chair” meme.

pic.twitter.com/YgjVqtgcNS

— Roaring Kitty (@TheRoaringKitty) May 13, 2024

His comeback propelled GameStop’s meme stock (GME) price to rise 201% in the past day, as he was a major player during the 2021 meme stock frenzy.

Alongside the image, the trader shared

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