Roaring Kitty reignites the market: Explore the top ten related Meme stocks
TechFlow Selected TechFlow Selected
Roaring Kitty reignites the market: Explore the top ten related Meme stocks
Roaring Kitty posted GME position screenshots for two consecutive days, prompting regulators to launch an investigation, and the related topic may continue to escalate.
Navigating Web3 tides with focused insightsAuthor: Nan Zhi, Odaily Planet Daily
Three weeks ago, Roaring Kitty, who once led retail investors in a short squeeze against Wall Street, reappeared in the public eye after a three-year absence, triggering a fresh surge in GME's price. However, apart from his first post containing a suggestive image, all of Roaring Kitty’s subsequent content consisted of movie clips, and he stopped posting days later, causing market enthusiasm around the concept to cool once again.
However, yesterday, Roaring Kitty posted a position screenshot on Reddit for the first time in three years. The screenshot revealed holdings in GME stock and GME call options, with the options set to expire on June 21, 2024. At the time of posting, the position showed an unrealized loss of $2.46 million.
Additionally, Roaring Kitty shared another symbolically charged image on X—the "Reverse" card from the UNO game, implying a turnaround. Meme tokens linked to the Roaring Kitty phenomenon were subsequently activated. The namesake GME meme coin surged 268% in a single day, surpassing a $100 million market cap. GME stock also rose over 100% in pre-market trading.
In the early hours of today, Roaring Kitty updated his position screenshot again. Overnight, his profits increased by $78.6 million. His GME call options turned profitable, gaining $51.83 million—up from a $2.46 million loss the previous day. Profits from his GME stock holdings rose from $9.23 million to $33.62 million.
According to the Wall Street Journal, Roaring Kitty may be banned from the retail brokerage platform ETrade. Sources indicated that ETrade, owned by investment giant Morgan Stanley, is “growing concerned that his recent purchases of GameStop (GME) shares may involve stock manipulation.” Additionally, the U.S. SEC will review certain trades in GameStop call options.
Related Investment Concepts Overview
Roaring Kitty has posted position screenshots two days in a row, suggesting he may continue sharing updates leading up to the June 21 call option expiration. As a hallmark of attention economics, high-profile and sustained narratives can serve as speculative catalysts—even scrutiny or restrictions by U.S. authorities can become part of the meme token narrative. This section outlines key Roaring Kitty-related concepts so readers can identify which tokens are capitalizing on the hype. Note that this is not investment advice, and contract addresses will not be provided.
GME: The original stock where Roaring Kitty led retail investors against short sellers, most directly tied to the concept. The most popular namesake token resides on Solana (image below), with a $100 million market cap. A highly followed Ethereum-based version also exists, valued at $16 million.
AMC (AMC Theatres): Another meme stock following GME in 2021, and like GME, it was among the stocks restricted by Robinhood during the "disconnect" event, along with NOK (Nokia). The meme token primarily circulates on Solana, with AMC currently holding a $7.5 million market cap.
Kitty: A namesake concept token tied to Roaring Kitty, which briefly peaked at a $35 million market cap when he first returned three weeks ago. It now holds a market cap of $7.25 million.
Superstonk: The subreddit where Roaring Kitty has posted recently. Superstonk is a dedicated Reddit forum for GME discussions. The associated token currently has a $2.3 million market cap.
WSB (wallstreetbets): Roaring Kitty’s original posting ground, where he previously shared daily position updates.
DFV: Abbreviation of Roaring Kitty’s Reddit username, DeepFuckingValue.
Keith Gill: Roaring Kitty’s real name; tokens such as “kith gil” are variations based on his name.
Ryan Cohen: CEO of GameStop; tokens like COHEN are named after him.
Melvin: Melvin Capital, the hedge fund that lost $3 billion during the GME short squeeze.
Beyond these direct references, hybrid concepts have emerged, such as GayStop—a blend of recent LGBTQ+ themes with GameStop—requiring careful discernment by readers.
Join TechFlow official community to stay tuned
Telegram:https://t.me/TechFlowDaily
X (Twitter):https://x.com/TechFlowPost
X (Twitter) EN:https://x.com/BlockFlow_News
Odaily
