Roaring Kitty, who led the epic GameStop short squeeze, released stickers and a series of videos on X for the first time after three years of silence. GameStop stock soared 74% yesterday and continued to soar 23% after hours. And GameStop’s namesake GME token surged more than 1,800%.
Roaring Kitty Short Squeeze History
Roaring Kitty, whose real name is Keith Gill, has 840,000 followers on Peng Yinban used Robinhood, an emerging brokerage that was free of transaction fees at the time, to buy GameStop shares and call options. The hedge funds that were aggressively shorting GameStop suffered huge losses. Netflix also made this epic incident into a documentary "Retail Investors vs. Wall Street: The GameStop Legend."
Around the same time, traders also began piling into Dogecoin (Doge), which traded below $0.01 per share in January 2021 and topped the $0.50 mark in May before falling back.
Is Roaring Kitty coming back?
Roaring Kitty, which has not posted a post for three years, posted a picture on the X platform yesterday. It is a picture of a player leaning forward in a chair, which means that he must play the game seriously. He has since released several more films, including a full-scale superhero outing in the Avengers movie. Does this mean there will be a new Roaring Kitty movie?
GameStop stock soared 74% yesterday and continued to soar 23% after hours. The GME token, which shares the same name as GameStop, also surged more than 1,800%.
pic.twitter.com/YgjVqtgcNS
— Roaring Kitty (@TheRoaringKitty) May 13, 2024
This article GameStop short-squeeze promoter Roaring Kitty returns, and GME stocks/tokens surge. First appeared on Chain News ABMedia.