{"id":1513,"date":"2024-05-14T19:00:21","date_gmt":"2024-05-14T19:00:21","guid":{"rendered":"https:\/\/cryptd.in\/the-dog-days-are-over-cat-memecoins-soar-16-1-after-roaring-kittys-return\/"},"modified":"2024-05-14T19:00:21","modified_gmt":"2024-05-14T19:00:21","slug":"the-dog-days-are-over-cat-memecoins-soar-16-1-after-roaring-kittys-return","status":"publish","type":"post","link":"https:\/\/cryptd.in\/pt\/the-dog-days-are-over-cat-memecoins-soar-16-1-after-roaring-kittys-return\/","title":{"rendered":"\u2018The Dog Days Are Over\u2019: Cat Memecoins Soar 16.1% After Roaring Kitty\u2019s Return"},"content":{"rendered":"

On Monday, popular internet figure and trader \u201cRoaring Kitty\u201d made a surprise comeback to social media that sent the crypto market into shock and excitement.<\/p>\n

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.<\/p>\n

Memecoin Frenzy And Market Reaction<\/h2>\n

Keith Gill, known as \u201cThe Roaring Kitty,\u201d returned to social media after a three-year hiatus by posting the popular \u201cleaning forward in the chair\u201d meme.<\/p>\n

pic.twitter.com\/YgjVqtgcNS<\/a><\/p>\n

\u2014 Roaring Kitty (@TheRoaringKitty) May 13, 2024<\/a><\/p>\n\n

His comeback propelled GameStop\u2019s meme stock (GME) price to rise 201% in the past day, as he was a major player during the 2021 meme stock frenzy.<\/p>\n

Alongside the image, the trader shared a series of video edits that also fueled the memecoin market. As reported<\/a> by News BTC, Wolverine-inspired memecoins soared after featuring the Marvel character in one of his edits.<\/p>\n

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.<\/p>\n

As part of the ripple effect, the largest frog-themed memecoin has flipped<\/a> Solana (SOL) in its daily trading volume, registering a 238% increase in volume in the past day.<\/p>\n

Moreover, smart traders benefited from the surge after buying large token amounts. According to Lookonchain, one whale bought<\/a> 195 billion PEPE, worth $1.98 million, and had already made $236,000 in unrealized profit a few hours later.<\/p>\n

Dog Days Are Over, Cat-Themed Memecoins Gain 16%<\/h2>\n

The impact of Roaring Kitty\u2019s return didn\u2019t stop at the dog-themed memecoins. Several images and references to cats were part of the trader\u2019s edits, fueling a 16% surge in the cat-themed sector.<\/p>\n

Feline-inspired memecoins have been gaining popularity during this cycle, with tokens like cat in dog word (MEW) and Popcat (POPCAT) joining<\/a> the top-ten memecoins list in the past month.<\/p>\n

One of Roaring Kitty\u2019s edits included a fragment of Florence + The Machine\u2019s song \u201cDog Days Are Over.\u201d Alongside the video, the trader emphasized the lyrics, \u201cThe dog days are over, the dog days are done.\u201d<\/p>\n

pic.twitter.com\/TdmJom9ifu<\/a><\/p>\n

\u2014 Roaring Kitty (@TheRoaringKitty) May 13, 2024<\/a><\/p>\n\n

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.<\/p>\n

Whales Hear The ROAR<\/p>\n

Lookonchain reported<\/a> 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.<\/p>\n

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.<\/p>\n

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%.<\/p>\n

Per the report, whales took advantage<\/a> 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.<\/p>\n

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.<\/p>","protected":false},"excerpt":{"rendered":"

On Monday, popular internet figure and trader \u201cRoaring Kitty\u201d 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. Memecoin Frenzy And […]<\/p>\n","protected":false},"author":1,"featured_media":1339,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[28,30,29],"class_list":["post-1513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds","tag-catmemecoins","tag-cryptogains","tag-roaringkitty"],"yoast_head":"\n\u2018The Dog Days Are Over\u2019: Cat Memecoins Soar 16.1% After Roaring Kitty\u2019s Return - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/pt\/the-dog-days-are-over-cat-memecoins-soar-16-1-after-roaring-kittys-return\/\" \/>\n<meta property=\"og:locale\" content=\"pt_PT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u2018The Dog Days Are Over\u2019: Cat Memecoins Soar 16.1% After Roaring Kitty\u2019s Return - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"On Monday, popular internet figure and trader \u201cRoaring Kitty\u201d made a surprise comeback to social media that sent the crypto market into shock and excitement. 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