Because GameStop (GameStop) was believed to be undervalued, in January 2021 GameStop (GameStop) led a group of retail investors to confront Wall Street short institutions, triggering the famous "GameStop Short Squeeze" promoter Roaring Kitty (real name Keith Gill, after many years of silence, reappeared in the X community this morning and posted a meme. Although Roaring Kitty didn't say anything, the community's enthusiasm was evident in the engagement on the tweet.

pic.twitter.com/YgjVqtgcNS

— Roaring Kitty (@TheRoaringKitty) May 13, 2024

At the same time, the unexpected return of Roaring Kitty caused a surge in Roaring Kitty (KITTY), the meme coin of the same name on the Solana network. According to price data, this meme coin, which was almost dead on the Internet, soared by more than 6,000% after the return of Roaring Kitty, becoming the most discussed coin on the market today.

This article The promoter of "GameStop Short Squeeze Incident" returns, and the meme coin of the same name rises by more than 6,000% first appeared on Zombit.