Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
When you hear Smart Contracts, you often think Ethereum or blockchain. But what if I told you that Smart Contracts have been used for over a quarter of a century? A smart contract is a software thats enforcing the terms of a contract-like arrangement between third parties. Such an agreement reduces the need for you […]
The post A brief history of Smart Contracts appeared first on cryptomaton.
Keith Gill, aka Roaring Kitty, faces a lawsuit alleging he manipulated GameStop's stock price for personal gain.
The post Roaring Kitty hit with new lawsuit over alleged GameStop pump-and-dump scheme appeared first on Crypto Briefing.
Keith Gill is facing a new class-action lawsuit for his recent social media posts. However, a lawyer says the case is likely doomed to fail.
Keith Gill, known for his role in the GameStop saga, surprises the market with a significant stake in Chewy.
Keith Gill, known by his online moniker “Roaring Kitty,” now faces legal trouble for alleged securities fraud concerning his recent tweets about GameStop [GME]. The lawsuit, filed by Dynamis LLP, claims that Gill’s social media activities misled investors, resulting in significant financial losses. Gill went viral in 2021 for kickstarting the meme stock frenzy by […]
Beeple's latest NFT artwork, depicting a cat resembling Roaring Kitty being killed, has sparked controversy and speculation amid the ongoing GameStop frenzy and discussions surrounding meme coins.
The post Beeple’s jab at Roaring Kitty sparks speculation amid GameStop frenzy appeared first on Crypto Briefing.
If GameStop opens at its current after-hours price, Roaring Kittys holdings would be worth around $1 billion.
The meme, the man, the legend Keith The Roaring Kitty Gill is back online and in full swing following the recent bullish movements of GameStop. After a long period of silence, Keith announced a livestream due to take place today, June 7 2024. There was no other information shared apart from whats in the screenshot […]
The post The Kitten Roars Again – The Full Story of Keith Gill appeared first on cryptomaton.
GME memecoin may see a significant correction, similar to the dramatic drop Dogecoin experienced following Elon Musk's appearance on SNL.
After a three-year absence from Reddit, Keith Gill, a.k.a Roaring Kitty the name behind the GameStop Corporation meme stock saga revealed that he owns over $115.7 million worth of shares in the video gaming retailer. Apart from the shares, the influential investor, posted a screenshot on r/SuperStonk subreddit, divulging, that he also has about […]
The echoes of 2021’s meme stock saga reverberated through financial markets this morning, as the obscure ROAR meme coin and video game retailer GameStop experienced a meteoric rise fueled by social media nostalgia. The catalyst? The return of a familiar face Keith Gill, better known by his online moniker “Roaring Kitty.” Related Reading: Dogecoin Under The Microscope Historical Data Points To Rebound Kitty Claws Back In Retail investors were sent scrambling after Gill, a superstar among the online investment community on Reddit’s WallStreetBets forum, posted a cryptic message hinting at a significant stake in GameStop. The post, featuring an image of the “Uno Reverse” card, sent speculation into overdrive. Shortly after, Gill confirmed his bullish stance by revealing a massive holding of 5 million GameStop shares, valued at roughly $116 million based on Friday’s closing price. In the 20 minutes that followed Gill’s post, GameStop’s stock price on Robinhood’s overnight markets shot up by 20% to $27.50. This increase followed the stock’s Friday closing price of $23.14. This year, the shares have increased by almost 40%, presumably as a result of Gill’s sudden comeback. This disclosure sent shockwaves through the market. GameStop’s stock, infamous for its volatility during the meme stock frenzy of 2021, surged over 100% at its peak in pre-market trading on Monday. NOW: GameStop soars after the Reddit account that drove the meme-stock mania of 2021 posted what appeared to be a $116 million bet https://t.co/0mnyJF4lIf pic.twitter.com/rpRdA2AIWL Bloomberg Markets (@markets) June 3, 2024 While the price eventually settled to an impressive 88% increase, the roar from retail investors was undeniable. The ROAR meme coin, seemingly named in homage to Gill’s online persona, mirrored the GameStop price surge of over 300%, reaching a high of $0.001643. A Meme Stock Revival? The sudden rise of both ROAR and GameStop has reignited the debate surrounding meme stocks. These assets, often characterized by high volatility and driven more by online hype than traditional financial metrics, captured the imagination of retail investors in 2021. Gill, who played a pivotal role in the initial GameStop saga, appears to be a key player in this potential revival. However, analysts remain cautious. GameStop itself is in a precarious position, having recently sold a massive chunk of shares to bolster its finances while facing continued net losses and projected sales declines. The company’s long-term prospects remain uncertain, raising questions about whether this is a genuine resurgence or simply a nostalgic echo of 2021. Related Reading: Notcoin Unstoppable! Token Soars Over 400%, Blazes New All-Time High Weighing Hype Against Reality The recent surge in ROAR and GameStop presents a classic risk-reward scenario for investors. Early participants who bought in at lower prices stand to reap significant profits. However, the inherent volatility of meme stocks poses a significant danger of substantial losses. Featured image from HubPages, chart from TradingView
The allegations come weeks after Citron Research revealed its short position in GameStop.
After two silent weeks, Roaring Kittys latest roar has shaken the crypto market. The renowned trader has again set the world ablaze after revealing his substantial 5 million GameStop shares holdings. Following his posts, GameStops shares soared in the premarket by 90%, and the Solana-based tribute token, GME, skyrocketed by 300%. Related Reading: Crypto Guru Unveils Best Altcoins To Buy Now Roaring Kittys Return To Reddit Sets Market On Fire On Sunday night, Keith Gills, known as Roaring Kitty, returned from a two-week hiatus. The trader, known for his role in the GameStop saga, wreaked havoc after posting on Reddit for the first time in three years. Roaring Kittys GME YOLO Update post unveiled that Gill owns 5 million GameStop shares, worth around $115 million. Additionally, he has $65 million worth of GME option calls with a $21 strike expiring on June 21. The revelation seemingly congested the order flow immediately as the volume of investors trying to buy GME Shares skyrocketed. As one X user informed, orders were being canceled, even when you put in a high-risk ask. According to the investment research platform Quiver Quantitative, Roaring Kittys net worth could surpass former House Speaker Nancy Pelosis, depending on how GME moves this Monday. Gills GME position sat him at a $210 million net worth at the time of the post. Meanwhile, Pelosis estimated net worth rounds the $245 million mark, making her the second-richest US politician on Quivers list. At the start of Monday, GameStops GME price had risen 93% at the premarket open, reaching $45.73. As reported by an X user, based on the premarket price, his position increased by around $300 million. If GME reaches the $70 range, Gills position would be worth over $1 billion. Solana-Based GME Jumps 300% Roaring Kittys ripple effect also drove attention to the Solana-based memecoin GME. Solanas GME was launched in February 2024 as a tribute to GameStops meme stock event from 2021. During the traders first return to the crypto space on May 13, Solanas GME saw a surge of 3,921%. The token went from trading for $0.0004914 to $0.01976 before retracing to the $0.0035 price range in the following days. As Roaring Kitty went silent, the Solana memecoin hovered between $0.0035-$0.0040. However, Gills latest post has fueled market interest in the token by 1,500%, with a daily trading volume of $237 million. Moreover, the token has increased by over 300% since the traders posts, going from $0.003907 to $0.01594 as Monday started. Lookonchain reported that a GME whale’s smart trading move was paying off. According to the post, a whale has shown a track record of buying Solanas GME at low prices and selling it at highs. In February, a trader spent 1,409 Solana (SOL), worth around $165,000, to buy 68 million GME following the tokens first price drop. After Gills first comeback, the trader sold $35 million GME for 3,447 SOL, worth around $503,000. Related Reading: Notcoin Unstoppable! Token Soars Over 400%, Blazes New All-Time High This trader bought another 78.57 million tokens worth 3,059 SOL when the price fell to $0.0067. At the time, the whale had around $593,000 in unrealized profits. Following Roaring Kittys second return, the traders holdings of 108 million GME tokens. His current holdings are worth around $1.5 million and represent an unrealized profit of $1.37 million on the Solana-based memecoin. Featured Image from Unsplash.com, Chart from TradingView.com
Roaring Kitty, one of the main orchestrators of the GME saga, could be on track to become the first GME billionaire if the pump continues.
Keith Gill, known as Roaring Kitty, buys 4 million more GameStop (GME) shares, increasing his holdings to over 9 million shares worth $262 million.
GameStock has recently released its 10Q filing, revealing its financials and future operations. Market observers anticipate a surge in GME price, potentially reaching $200 or higher soon. Following the announcement, over 75 million shares were sold in just three days, sparking concerns of a short squeeze. Given its newfound cash influx in just one month, […]
On Monday, popular internet figure and trader Roaring Kitty made a surprise comeback to social media that sent the crypto market into shock and excitement. His return post was followed by a series of cryptic videos, including catsm, which seemingly fueled a price increase for cat-themed memecoins in the past 24 hours. Related Reading: On A Tear: Toncoin Outshines Bitcoin With Price Surge And Social Buzz Memecoin Frenzy And Market Reaction Keith Gill, known as The Roaring Kitty, returned to social media after a three-year hiatus by posting the popular leaning forward in the chair meme. pic.twitter.com/YgjVqtgcNS — Roaring Kitty (@TheRoaringKitty) May 13, 2024 His comeback propelled GameStops meme stock (GME) price to rise 201% in the past day, as he was a major player during the 2021 meme stock frenzy. Alongside the image, the trader shared a series of video edits that also fueled the memecoin market. As reported by News BTC, Wolverine-inspired memecoins soared after featuring the Marvel character in one of his edits. Other big players in the sector saw green numbers in the following hours, like Pepe (PEPE) and many of the top market cap dog-themed memecoins. As part of the ripple effect, the largest frog-themed memecoin has flipped Solana (SOL) in its daily trading volume, registering a 238% increase in volume in the past day. Moreover, smart traders benefited from the surge after buying large token amounts. According to Lookonchain, one whale bought 195 billion PEPE, worth $1.98 million, and had already made $236,000 in unrealized profit a few hours later. Dog Days Are Over, Cat-Themed Memecoins Gain 16% The impact of Roaring Kittys return didnt stop at the dog-themed memecoins. Several images and references to cats were part of the traders edits, fueling a 16% surge in the cat-themed sector. Feline-inspired memecoins have been gaining popularity during this cycle, with tokens like cat in dog word (MEW) and Popcat (POPCAT) joining the top-ten memecoins list in the past month. One of Roaring Kittys edits included a fragment of Florence + The Machines song Dog Days Are Over. Alongside the video, the trader emphasized the lyrics, The dog days are over, the dog days are done. pic.twitter.com/TdmJom9ifu — Roaring Kitty (@TheRoaringKitty) May 13, 2024 Additionally, he added cat images, seemingly insinuating that a future memecoin rally could be led by cat-themed memecoins instead of the usual dog-themed ones. Whales Hear The ROAR Lookonchain reported that, alongside GME, the memecoin Roaring Kitty (KITTY) skyrocketed 13,000%. Other feline-themed tokens, including POPCAT, MichiCoin (MICHI), and Roaring Kitty (ROAR), also saw a significant surge. Popcat has registered a 24.4% and 276% increase in the one-day and monthly timeframes, while MichiCoin surged 38.9% in the past day and 333.5% since its launch on April 26. Both tokens also saw an 80% increase in the daily trading volume. Among the top gainers were the tokens inspired by the trader. The Ethereum-based SOAR skyrocketed over 1162% in hours, going from $0.00024830 to $0.0031338. This surge also represented a massive 3216.8% increase in the weekly timeframe, with a similar daily trading volume increase of 826%. Per the report, whales took advantage of the momentum and loaded their bags with these tokens. One whale withdrew SOL from Binance and bought 490,400 POPCAT, worth around $235,472. Related Reading: No Ties To OpenAI: Worldcoin Drops 9% As Top Trader Issues Warning Another big player, who had previously made 2,170 SOL, about $320,000, on POPCAT, spent another 4,000 SOL, approximately $592,000, to buy POPCAT and MICHI tokens. The whale acquired 587,3830 POPCAT for 2,000 SOL and 626,616 MICHI for the same amount. Featured Image from Unsplash.com, Chart from TradingView.com
Roaring Kitty, the infamous trader who was embroiled in the GameStop case in late 2020, has made a cryptic comeback message on X, resulting to the 500% surge of a Solana-based memecoin.
The post Legendary trader Roaring Kitty posts comeback meme, Solana meme coin $GME soars 500% appeared first on Crypto Briefing.
GameStop, the video game retailer that took Wall Street by storm in 2021, has once again become the talk of the town as its share price surges 100%. Fueling this rally is the return of the influential social media figure Keith Gills “Roaring Kitty.” After a long hiatus, Roaring Kitty’s recent activity on social platforms, including an image and video, has ignited excitement among investors and triggered a renewed frenzy for GameStop’s meme stock and the emerging world of memecoins. GameStop Memestock Frenzy The meme-stock phenomenon gained widespread attention in 2021 when cash-rich investors pumped up the stock market and bet against short-selling hedge funds. Keith Gill’s “TheRoaringKitty” account and the subreddit WallStreetBets played a pivotal role in the meme stock frenzy, driving stocks like GameStop and AMC Entertainment to surge over 1,000% by the end of the same year. While some early investors reaped rich returns, hedge funds such as Gabe Plotkin’s Melvin Capital Management suffered significant losses, leading to closures. Related Reading: Investment Firm Makes Bitcoin Its Strategic Reserve Impact On Price According to Bloomberg, short sellers betting against GameStop initially enjoyed gains in the year’s first four months. Still, the volatile nature of meme stocks quickly erased those paper gains. Per the report, skeptics were up an estimated $400 million from January to April before slipping into the red by Monday morning. The percentage of GameStop shares sold short relative to those available for trading has remained at approximately 24%, a relatively high level for a typical company but significantly lower than the 140% levels witnessed during the 2021 mania. As GameStop’s shares gained momentum, the cost to bet against the company increased. Recent data from S3 indicates borrowing costs exceeding a 10% annual financing fee range. Roaring Kitty’s Ripple Effect Roaring Kitty’s influence extended beyond GameStop, as Wolverine-themed memecoins flooded various blockchains. In response to a social media post featuring a video of Marvel superhero Wolverine, more than 30 new tokens were launched on platforms like Ethereum and Solana, as data by Dextools shows. Notably, the newly minted “Roaring Wolverine” token on the Ethereum blockchain experienced an astonishing 80% surge within hours of its release. Related Reading: Is The Bitcoin Bottom In? Analyst Reveals Key Price Levels To Watch Furthermore, the memecoin market has witnessed a notable resurgence, with tokens such as Dogecoin (DOGE), Shiba Inu (SHIB), Pepe (PEPE), Dogwifhat (WIF), Floki Inu (FLOKI), and Bonk Inu (BONK) recording significant gains, according to CoinGecko data. For instance, PEPE, the market leader, surged by 15% in the past 24 hours, complementing its 20% uptrend over the previous week. It reached a new high of $0.00001077 during early Monday trading. Ultimately, GameStop’s meme stock resurgence, fueled by the return of Roaring Kitty, inflicted substantial losses on short sellers of the meme stock on Monday. The impact of Roaring Kitty’s social media presence has extended to the memecoin market, with several Wolverine-themed tokens experiencing significant surges. Featured image from Shutterstock, chart from TradingView.com
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
