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Roaring Kitty is back? Which GME concept memes are worth following
Original author: Deep Tide TechFlow
The big player is back again.
After half a month of silence, Roaring Kitty, who has become famous for going long on game station stocks, tweeted today a "flip card" from the UNO card game.
Regardless of the implications or implications of this tweet, due to the deep association of Roaring Kitty's personal image with the concept of Wall Street Bets Themed, after this tweet was released, the Solana token $GME of the GameStop stock $GME on the Solana chain surged by nearly 300%, while $GME on the ETH chain soared by nearly 800%.
New wine in old bottles, celebrity effect routine?
Last month, Roaring Kitty tweeted for the first time in three years, which triggered a pump in $GME and the Token of the same name, during which Roaring Kitty continued to tweet a variety of different film and television clips.
Even though the expression may seem incomprehensible, it still triggers fomo among people. Almost every short video posted by Roaring Kitty on Twitter is followed by the speculation of a memecoin with the same name.
For Roaring Kitty himself, it may just be expressed on a whim, but for the suckers can't help but care, after all, every tweet can be an untapped gold mine.
The pump of the target that is strongly associated with the concept of celebrities itself seems absurd, but for players in the coin circle, they have long witnessed wave after wave of market frenzy.
After Musk expressed his love for $DOGE through tweets many times, the price of $DOGE seems to be strongly tied to his every word and deed.
Every time Musk mentions Dogecoin in 2021, it is followed by a huge pump in $DOGE, which has been successful many times. The influence of this wealth effect has been growing like a snowball, and even the monitoring of Musk's tweets has reached the millisecond level.
To this day, Musk is still the top player in the crypto world, and there are still countless eyes in the market closely watching every tweet of his, hoping to find the secret to wealth in one of his tweets.
The previously hyped concept of 'founders and small animals' is also true for V神's cat, Solana founder Toly's dragon, Polygon founder Sandeep's pet elephant, etc...
The irresistible attraction for people is not the cute animals themselves, but the essence of the speculation in the pet zone is the decline of celebrity influence.
The influence of celebrities themselves attracts people's attention to the speculation of memes. In addition, some celebrities actively promote memes, like sparks on an oil tank, igniting upon contact.
Of course, celebrities who are influencers themselves are well aware of this. Caitlyn Jenner, the prototype of the coin that exploded last week, $Jenner, also jumped on the bandwagon at a fast pace:
Which GME concept Meme is worth following?
Token with the Same Name as the Stock
$GME
The same-named token $GME is currently the hottest target for two game station stocks.
$AMC
Similar to the narrative of $GME, $AMC is also a token with the same name as the US stock $AMC. As the largest cinema in North America, $AMC is also a target that North American retail investors are enthusiastic about speculating on. From the price performance, $AMC is obviously influenced by Roaring Kitty's tweets, and it rose nearly 700% before falling back.
Tokens with the Same Name as Characters
$Kitty is the namesake token of Roaring Kitty. After Roaring Kitty's first tweet in three years in May, it immediately saw a big pump. Today, it also rose nearly 1000% with Roaring Kitty's new developments before falling back.
Wall Street Bets Concept
$WSB and $WSM
And the theme of the bet on Wall Street, $WSB and $WSM
It can be seen that the demand in the current market is becoming more and more straightforward. The wealth effect of attention economy repeatedly crushes the pure fundamentalists. Everyone needs their own strong input. A piece of news can directly pump the market, which is the best. Therefore, a picture from Roaring Kitty can easily drive billions of dollars of capital flow now.
Musk's dog, Vitalik Buterin's cat, Kitty's GME, in fact, nothing has changed...
Attention is like a flag in the hands of a celebrity, just a gentle wave, it's not an exaggeration to say that retail investors come when called.
Just be aware that attention also has a shelf life, and the market is more willing to buy into the constantly emerging new hotspots, even if this new hotspot is just an old story with a new coat of paint.
Whether Roaring Kitty's "comeback" is just his whim remains to be seen, but it is certain that the encryption market will never lack fresh hot spots and supporters who are willing to pay for hot spots.
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