The infamous “Roaring Kitty” is back and making waves on social media after a 3-year hiatus. Keith Gill, the retail trader behind the moniker, gained widespread attention during the Reddit-fueled GameStop frenzy in 2021. Rumor has it that he made over $40 million on his GameStop trade.
After a quiet spell, Roaring Kitty reappeared with a simple tweet that went viral, garnering over 24 million views in just one day. This resurgence had a significant impact on meme stocks like GameStop and AMC, causing massive jumps in their prices reminiscent of the 2021 frenzy.
Not only did meme stocks see a surge, but random meme coin tickers of cats also experienced a pump and dump phenomenon. Coins like $KITTY on Solana saw a market cap increase from 500k to 30 million in minutes.
Despite the hype surrounding him, Gill has maintained that his social media posts were purely educational and based on publicly available information. His return serves as a reminder of the power of individual investors in the finance world.
Love him or hate him, Roaring Kitty’s comeback is a testament to the influence of retail traders in the ever-changing financial landscape. Whether sparking stock surges or sharing investment insights, the roar of the Kitty is here to stay.
