MEME coin is on the rise again? A list of the Kitty concept coins that have exploded on Wall Street

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The show is about to begin.

Last night, MEME coins collectively rose, and the crypto, which had been sluggish for many days, was once again full of emotion.

What's wrong?

Roaring Kitty, the retail investor god of Wall Street, is out!

Roaring Kitty was the main general and spiritual leader of the GameStop stock "short squeeze war" around 2021. At that time, he led US retail investors to push up GameStop through social media such as Reddit. Well-known US hedge funds did not believe in evil and went the other way, selling short vigorously. As a result, they were defeated by Kitty's army of retail investors and lost US$5.05 billion in this battle alone.

The battle between retail investors and Wall Street was undoubtedly the legend of the U.S. stock market at that time. Movies and documentaries were released one after another, which were very exciting.

What does this have to do with the crypto?

There is no direct relationship, but as BlockBeats wrote in the article, the rebellious culture he led and the "low-threshold trading" role played by Robinhood in the entire incident echo the culture of the crypto community.

In this wave of retail investors fighting against Wall Street institutions brought about by Kitty, the crypto took the initiative to "connect" and promoted the rise of MEME crypto such as DOGE.

However, at the end of the short squeeze, Kitty also faced lawsuits, for example, a large number of retail investors were encouraged by him to buy GME at a high point. As the popularity passed, Kitty also disappeared, and his Youtube channel and Twitter were no longer updated. The latest developments stayed in 2021.

However, on May 13, he posted again after three years.

This nonsensical tweet has 21.98 million views and 100,000 likes. This is the power of a spiritual leader.

Not only that, he posted 8 videos in a row since then.

Netizens sighed: The familiar Kitty is back.

Figure: US stocks GME took the lead in rising and began to perform

Kitty's tweets directly hyped up the concept of MEME coin, and PEPE even broke its historical high.

Now, there is a kind of speculation around Kitty. That is, it is impossible for her to just send a few harmless tweets, she must have further actions, so MEME coin may usher in a new wave of narrative and hype.

Now, let’s take a look at the Kitty concept coins that are centered around Kitty. We would like to call them KittyFi.

Because Kitty herself is not involved in the crypto, all the concept coins in the crypto are just copying the concept. Therefore, MEME coins with the same name on different chains are all randomly pulled together.

In this article, we have sorted out several relatively popular KittyFi concept coins. For entertainment reference only.

SOL Chain WSB: Reddit Forum Concept Coin

Address: AkVt31h8vgji5wF4nVbq1QmBV5wBoe8JdSoDTkDhQwEw

WSB is the abbreviation of Wall Street Bets, a social forum group for retail investors on Reddit. At that time, Kitty launched a large-scale short squeeze campaign for GameStop stocks here. WSB is the spiritual source of retail investors' fight against the army of capital.

OKX web3 wallet data shows that the coin's 24-hour trading volume is 3.19 million US dollars, and the daily increase is far more than 300%.

SOL Chain Kitty: MEME coin with the same name

Address: EKEWAk7hfnwfR8DBb1cTayPPambqyC7pwNiYkaYQKQHp

The MEME coin with the same name as Roaring Kitty was born in late March this year. It plummeted after it went online and then almost returned to zero. It has skyrocketed in the past two days, with an increase of more than 20,000%.

SOL Chain GME: GameStop's MEME coin of the same name

Address: 8wXtPeU6557ETkp9WHFY1n1EcU6NxDvbAggHGsMYiHsB

There is no trick, the MEME coin of the same name as GameStop. It was born in January this year, and then plummeted, and then soared in the past two days, with a single-day increase of nearly 2000%.

OKX Web3 wallet data shows that the 24-hour transaction volume exceeded US$110 million.

Ethereum chain GME GameStop MEME coin of the same name

Address: 0xc56C7A0eAA804f854B536A5F3D5f49D2EC4B12b8

This is a new coin that was just issued in the past two days. Data shows that the 24-hour trading volume is 2 million US dollars.

Base chain GME: GameStop's MEME coin of the same name

Address: 0xbeB0fd48C2BA0F1AacaD2814605f09e08A96B94E

The coin was issued in April this year, and data shows that the 24-hour trading volume is 3.5 million US dollars.

Note: Judging from the trading volume, SOL chain GME seems to be the leader of this concept, and you can continue to pay attention to this GME.

PEPE, taking advantage of the hype to hit a new high

PEPE has been very strong recently, breaking through its all-time high last night. In addition, the PEPE community also released a 25-minute long video, which is very exciting. As an old MEME coin with a broad mass base, PEPE has full social communication power.

At present, one of the highlights of PEPE is whether Kitty will join forces with MEME coins in the crypto to become the Web2 spiritual leader of a certain MEME coin, and whether this coin will be PEPE, because PEPE has already risen in advance, indicating that insider trading has been involved. Why not Dogecoin? Perhaps the title of spiritual leader outside the Dogecoin circle has been taken away by Musk.

What other concept coins do you think there are?

Note 1:

I strongly recommend following Kitty’s Twitter: https://twitter.com/TheRoaringKitty. To see if he will link up with the crypto this time, just follow him, it will be much better than just trying to get some free stuff.

Note 2:

MEME is often born in a bear market. When the market is sluggish, the value coins have no stories to tell and do nothing. This gives MEME space and soil to perform. At this time, MEME will be very crazy, and funds will be more concentrated. If a spiritual leader is added, MEME will be out of control.

It is recommended to pay attention to MEME leading coins, including Trump concept coins.

Note 3: Recommended movies

The movie "Dumb Money" is based on the story of GME GameStop's short squeeze on Wall Street. "Eating the Rich: The GameStop Saga" is a documentary on the same subject.

Twitter celebrity @Rocky_Bitcoin teaches you how to learn from watching movies:

1. Don’t underestimate MEME culture. Especially in the context of the world’s economic and political landscape and its turbulence, the suppressed rebellion of the people and the awakening of their free will are terrifying. If you can’t beat them, just join them and go with the flow.

2. Follow opinion leaders.

3. Learn to use tools and tap into social value.

4. Coin-stock linkage. Now more and more attention is paid to the coin-stock linkage, such as AI stocks and WEB3's AI tokens, such as GME GameStop, such as BTC ETF data, and the trend of BTC prices. The real masters are cross-field investors. Don't just look at one market. Look at the market from multiple dimensions, and you will have a greater chance of winning.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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