Original | Odaily Planet Daily
Author | Nan Zhi
Three weeks ago, Roaring Kitty, who led retail investors to beat Wall Street shorts, reappeared in the public eye after three years, sparking a new round of explosive rise in GME. However, apart from the first tweet after his return, which had a suggestive image, Roaring Kitty’s subsequent posts were all movie clips, and they stopped updating a few days later, cooling down the market heat of related concepts once again.
(Reference reading:
The king who forced Wall Street institutions to death is back. Will Roaring Kitty ignite the Meme market again?
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However, just yesterday, Roaring Kitty once again posted a position screenshot on Reddit after three years. The screenshot showed that Roaring Kitty held GME stocks and GME call options, and the call options will expire on June 21, 2024. The screenshot showed a floating loss of 2.46 million US dollars.
In addition, Roaring Kitty also posted a similarly suggestive image on the X platform. The card was a functional card in the UNO game, meaning “reverse”. Following this, the meme token of Roaring Kitty concept was launched, and the meme token named GME rose by 268% in a single day, with a market value once again exceeding 100 million US dollars. GME stock also rose by more than 100% in pre-market trading.
In the early hours of today, Roaring Kitty updated the position screenshot again, and his position profit increased by 78.6 million US dollars overnight. Among them, the loss of the GME call option turned into a profit, making a profit of 51.83 million US dollars, compared to a loss of 2.46 million US dollars yesterday. The profit from holding GME stocks increased from 9.23 million US dollars yesterday to 33.62 million US dollars.
According to the Wall Street Journal, Roaring Kitty may be delisted from the retail stock trading platform ETrade. Insiders said that the investment giant Morgan Stanley’s ETrade “is increasingly worried that his recent purchase of GameStop (GME) stocks may involve stock manipulation.” In addition, the US SEC will review some of GameStop’s call option transactions.
Summary of related investment concepts:
Roaring Kitty’s continuous release of position screenshots for two consecutive days may indicate that he will continue to release related content before the expiration of the call options on June 21. As a representative of attention economy, memes with high heat and continuity may become speculative topics, even if they are investigated by US official organizations or restricted in action, they can still become concepts for meme tokens. Odaily will summarize the relevant concepts of Roaring Kitty in this section to help readers understand that investing in a token may be based on its concept, but it is not a direct investment recommendation, so this article will not directly provide contract addresses.
GME: The target that Roaring Kitty led retail investors to beat shorts, is also the most directly related concept. The highest-valued token of the same name is on Solana (see the figure below), with a market value of 100 million US dollars. There are also highly watched tokens of the same name on Ethereum, with a market value of 16 million US dollars.
AMC (AMC Theaters): Another meme stock target after GME in 2021. AMC, like GME, was also treated by Robinhood by “pulling the plug” on trading. Another stock that was temporarily suspended from trading along with AMC and GME was NOK (Nokia). The token mainly fermented on Solana, and the current market value of AMC is 7.5 million US dollars.
Kitty: The concept with the same name as Roaring Kitty, when it first reappeared three weeks ago, reached a peak market value of 35 million US dollars, and the current market value is 7.25 million US dollars.
Superstonk: Roaring Kitty chose to post in this section in the past two days. Superstonk is a sub-forum under Reddit specifically for discussing GME. The current market value is 2.3 million US dollars.
WSB (wallstreetbets): Roaring Kitty’s main posting platform in the past, where he used to publicly post his position screenshots.
DFV: The abbreviation of Roaring Kitty’s Reddit account name, DeepFuckingValue.
Keith Gill: Roaring Kitty’s real name, for example, tokens with names like “kith gil” and others.
Ryan Cohen: CEO of GME, for example, tokens with names like “COHEN”.
Melvin: The institution that lost 3 billion US dollars in the short squeeze of GME, Melvin Capital.
In addition to the above direct concepts, there is also a group of mixed concepts, such as “GayStop” that combines recent hot topics related to LGBTQ+ with GameStop. Readers need to discern for themselves.
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