This memecoin increased in price by 32,000% in just a few hours! What is the mystery behind this story?

On the night of May 13, the The return of Roaring Kitty (real name Keith Gill) made the community explode when the post attracted 15 million views.

Keith Gill and the WallStreetBets subreddit were at the center of the memestock craze of 2021. Shares of GameStop and AMC, among others, rose more than 1,000% during this time. GameStop stock has caused a fever, causing a series of large organizations that shorted this stock to suffer heavy losses.

The return of Roaring Kitty has sparked interest in memestock and memecoin. A memecoin named Roaring Kitty created in March 2024 was quickly discovered and the community started FOMOing this $KITTY token, causing it to increase in price by 32,000% in just a few hours.

Perhaps no outstanding technology is needed to help a token increase in price. Community support and FOMO is the fastest way to "send it to the moon"!

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