๐Keith Gill, aka Roaring Kitty, strikes again! His cryptic dog cartoon tweet sent the crypto world into a frenzy. Dog-themed memecoins saw a 2.2% increase, reaching a market cap of $36B. But the cats stole the show! ๐ฑ Cat-themed memecoins leaped 16.2%, hitting a $2.4B market cap.
Even traditional stocks like Chewy and PetMed Express felt the Kitty effect, though briefly. GME shares? Up 3.68%. GME memecoin? Up 14.57%. Technical indicators like RSI confirm the bullish trend. ๐
Interestingly, Dogecoin (DOGE) and Shiba Inu (SHIB) only saw modest gains of 3.4% and 1.2%, respectively. Meanwhile, top cat-themed memecoins, Mog Coin (MOG) and Michi (MICHI), skyrocketed by 25.9% and 38.65%.
Gill's tweets continue to shape the traditional and memecoin markets. As we move forward, traders and investors will be glued to his Twitter feed, awaiting his next market-moving tweet.
What's your take on this? Do you think the Kitty effect is here to stay? Drop your thoughts below! ๐ #DeFi #Web3 #CryptoNews