Fans of a popular figure in the world of cryptocurrencies, Keith Gill, frequently referred to by his online pseudonym Roaring Kitty, started the week on a positive note. This is due to the fact that, following the financial investor’s reappearance, meme coins inspired by Gill have recovered from monthly drops.

Data provided by the price history on Coinbase shows an increase of 2.75% in the price of Kitty Coin Solana in the last 24 hours, recovering from a negative variation of 21.66% in the past month. Similarly, GME rose by 4.54%. This coin also climbed from a negative variation of 38.55% in June. Finally, ROAR soared by 9.47%, rising from a negative fluctuation of 17.8% since last month.

Meanwhile, market giants like Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) recorded price drops. This contrast led many new investors to wonder who Roaring-Kitty is and why his reappearance had such a significant impact on the crypto space. If you are also curious, this article is for you.

Who is Roaring-Kitty?

Keith Gill describes himself as a financial educator and investor. He gained fame after leading the dramatic rise in the value of video game retailer GameStop’s stocks.

GameStop’s stock prices were falling when Gill shared in an online forum his $50,000 investment in the struggling company. Many of his followers interpreted his post as a call to action against Wall Street hedge funds and mobilized to prevent GameStop’s devaluation.

As a result, GameStop’s stock price rose rapidly, and hedge funds like Melvin Capital, which had bet on the video game retailer’s decline, lost millions.

Why are these coins rising?

Gill took a 3-year break from the public eye following his sudden rise to fame, only to reappear again last month. Analysts and investors attribute the rise of ROAR, GME, and Kitty coins to a YouTube video and a series of posts shared on X by Keith Gill since then.

This is because the three coins are closely associated with Gill, either because they are named in honor of his online pseudonym, like Kitty and ROAR, or because they are named in honor of the stock of the company that made him famous. European investors can find all three coins available for purchase on the Coinbase platform.

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