Pepe Jumps 19% to All-Time High Following RoaringKitty Return
PEPE has hit a new all time high after climbing 19% in the past 24 hours. This comes after Roaring Kitty’s return has seen GameStop and other memes continue to soar.
Financial analyst Roaring Kitty was a central figure to the 2021 GameStop short squeeze which saw the r/WallStreetBets subreddit community attempting to take down hedge funds by purchasing meme stocks. Yesterday, the figure returned to social media after a three year hiatus which saw GameStop double in value and a new meme frenzy begin.
The third largest coin in the meme category, according to CoinGecko, started seeing steady gains due to the meme influencer returning. One of his tweets featured a reimagining of a scene from Gangs of New York with the characters’ skin turned green—just like Pepe the frog. It appears this was bullish for the Pepe community with the token jumping 5.5% in a matter of minutes.
