Roaring Kitty Sparks GameStop Stock Surge with Cryptic Post

• Roaring Kitty’s cryptic post triggers GameStop stock surge and meme coin spike.  
• Gill’s influence extends from stocks to meme coins, driving a 72% price jump.  
• SEC probes Gill’s social media impact amid GameStop stock fluctuations.

Keith Gill, widely known as Roaring Kitty, has again influenced the markets with a cryptic social media post. On Thursday, Gill, whose previous posts caused shifts in GameStop’s stock prices, shared an image on X (formerly Twitter) that instantly sent GameStop’s stock soaring.

The post also had a notable impact on meme coins associated with GameStop, resulting in a 72% spike in one Solana-based meme coin.

Gill’s recent post marks his first since he went quiet on social media three months ago. The image he shared was an altered version of a famous photo illustration from Time Magazine, which originally depicted the “You” figure as its 2006 Person of the Year. 

The altered image, inspired by Pixar’s Toy Story 2, was shared with little context, yet it was enough to drive market action. GameStop’s stock rose as a result, following the pattern of his previous social media activity, which was known to cause sharp price fluctuations.

Following Gill’s post, not only GameStop’s stock but also the meme coins tied to the video game retailer saw notable gains. One particular Solana-based meme coin, using GameStop’s ticker symbol, jumped by 72%, reaching a price of $0.0089 in just minutes. This sudden rise highlights how Roaring Kitty’s influence, particularly within the meme-stock community, can extend beyond traditional stocks and into the volatile world of cryptocurrencies.

Gill first gained attention during the infamous GameStop short squeeze of 2021, where his bullish stance on the stock and subsequent social media presence made him a key figure in the movement. His Reddit account, DeepFuckingValue, became a symbol for retail investors taking on Wall Street short-sellers. 

Despite his status as a meme stock icon, his online activities have attracted scrutiny. The Securities and Exchange Commission (SEC) and Massachusetts’ securities regulator have reportedly investigated Gill over his recent social media behavior, even as his financial holdings in GameStop were valued at millions of dollars.

After returning to YouTube in June 2024, Gill’s renewed online presence sparked another rally in GameStop’s share price. The stock briefly peaked at $48.75 per share in April following his return, before settling at lower levels. 

Although GameStop has struggled to maintain consistent high valuations, Gill’s cryptic posts and financial moves continue to make waves in the market, keeping GameStop in the public eye.