Meet Roaring Kitty — a retail trading legend.
From $53k to $48 million on $GME pump he initiated.
Offline for 3 years, now back.
Unlock his story: key to your first million this cycle
➬@TheRoaringKitty, aka Keith Gill, was an ordinary guy like many of us before he became famous.
Born in 1986 in Brockton, he was a college track star. Following his success in earning All-America honors in college, he delved into stock analysis.
In 2019, Keith Gill became convinced that GameStop stock ($GME) was undervalued. He shared this belief with others on Twitter under the handle Roaring Kitty.
Gill spent hours streaming, explaining why this trade represented a significant opportunity and encouraged everyone to invest.
In 2019, he joined Reddit under the username DFV (DeepFuckingValue). Initially, he bought $53,000 worth of GameStop stock.
By 2021, $GME hit a peak of $483, making Gill’s stocks worth $48 million. After the success with $GME, he disappeared.
What 99% of you don’t know is that I actually got into crypto after my experience in the stock market.
And one of my very first plays was actually $GME stock! It was thanks to Roaring Kitty that I was able to make one of my first big profits in the financial market.
In February 2021, Keith Gill testified to Congress, stating that GameStop was “dramatically undervalued.” Although a class action lawsuit accused him of causing “significant losses” to small investors and violating securities laws, it was ultimately dismissed. It was a great victory for him.
This guy has become a real icon and a gigachad on Twitter/Reddit. And today, this legend has made a comeback! Below is a tweet from his account that he posted today. The image clearly indicates that it’s time to take this market seriously.
Remember, he was a simple guy living a pretty simple life. $GME stock truly changed this man’s life and the lives of many others. This reminds me of the Robinhood story. Keith Gill basically took money from rich people and hedge funds and gave that money to less wealthy people who really needed it.
You’ve probably already noticed how meme coins are showing excellent growth today. This is all because back in 2021, not memecoins but meme stocks were also rising due to Keith Gill and some other factors. Let me break it down for you now.
During that period, the meme stock rally was fueled by a unique blend of factors:
Roaring Kitty’s substantial profits and great hype
Historically low interest rates
A lot of liquidity from pandemic stimulus measures (FED fiscall policy aka money from helicopter)
An influx of new retail traders entering the market due to boredom and interest in learning about new ways to make money from home
This concept is especially relevant in the crypto world. Here’s what we can take away from this story: ① People like to simplify things. But more than this, people like hype things. That’s why memecoins have gained immense popularity recently, surpassing even some genuinely innovative projects in growth.
In this field, everyone stands on an equal footing, free from the influence of venture capitalists selling off tokens at considerably lower valuations after each unlock from private rounds at 100x.
② Influential figures now hold significant bags and can manipulate (in good and bad ways) the market. Take, for example, our beloved Ansem. He stands for $SOL, $WIF, and Solana memecoin sector, and his influence on the price is immeasurable.
③ Following influencers can result in significant profits as well as substantial losses. Your primary objective should be to choose the right influencer. Another critical factor is timing. If an influencer is promising and his ideas are strong, people will support him. It will create a strong community that can yield mega results.
In the end, what I want to say: Let’s see where this adventure will take us! I’m excited to discover the stories and challenges we will overcome together. And remember, the market tends to reward the most persistent people.
I’m confident that together we will navigate through all the highs and lows. All you need to do is believe in this, much like Keith Gill believed in $GME.
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