Resurgence of Roaring Kitty Sends Stocks and Crypto Assets Soaring
After years of silence, the apparent return online this week of meme stock influencer Keith Gill, aka Roaring Kitty, has sent stocks and crypto assets affiliated with the streamer’s past exploits soaring—creating millions of dollars in profit for lucky traders out of thin air.
Is Roaring Kitty Actually Back?
So far, only Gill’s Twitter account has reactivated since Sunday, posting scores of movie clips re-subtitled with finance-related captions—vintage Roaring Kitty. Before this week, the account had not posted since 2021, the same year that Gill became a global sensation for architecting the Reddit-fueled short squeeze of GameStop stock (GME).
Lack of Verification Surrounding Roaring Kitty’s Return
The lack of verification surrounding Gill’s apparent resurfacing has also created opportunities for confusion. Shl0ms, a digital artist who has previously incorporated misinformation in his works, posted an image on Monday purporting to reveal that he purchased Roaring Kitty’s Twitter account from the influencer in late April.
Pranksters and Doubt Surrounding Roaring Kitty
But the fact that Keith Gill hasn’t actually uttered a single word in public in three years, nor reactivated any of his social media accounts other than Twitter, leaves room for doubt—and room for pranksters to have a little fun.
Hot Take: Unverified Resurgence Creates Market Frenzy
Roaring Kitty’s unverified return has sparked a frenzy in the stock market and crypto assets, generating billions of dollars in value despite the lack of confirmation. The resurgence of Roaring Kitty has left many questioning the authenticity of the accounts associated with the influencer, creating a mix of excitement and skepticism within the community.