- The Wolverine meme coins were minted immediately after TheRoaringKitty posted a video including the X-Men character.
- Several tokens have also been issued relating to GameStop and Melvin Capital.
As an experienced financial analyst, I find the recent surge in Wolverine-related meme coins intriguing. With my background in market trends and understanding of meme culture, I can’t help but be captivated by this latest development.
Memes featuring Wolverine and associated cryptocurrencies became prevalent across various blockchain platforms following a video post by TheRoaringKitty, the well-known figure behind the Gamestop stock sensation, on X Social Media.
As a crypto investor, I’ve noticed an influx of new tokens hitting the market recently. Over 30 of these new tokens became available on the platform pump.fun, following a tweet that gained attention. Additionally, other tokens were launched on Ethereum and Solana networks as well, according to Dextools.
Keith Gill, also known as TheRoaringKitty, resurfaced on social media following a three-year hiatus on Monday. His comeback post included a meme hinting at regained concentration, sparking a frenzy in the meme stock market and causing significant volatility for Gamestop’s (GME) weekly opening. Additionally, several cat-themed meme cryptocurrencies were affected.
After their introduction, several new meme coins experienced significant drops in value almost immediately due to malicious actors exploiting the hype and draining the coins’ liquidity for personal gain.
The return of TheRoaringKitty could shift the storyline in meme coin trading. The surge in X-Men characters and meme coins connected to Gamestop and Melvin Capital, the hedge fund infamous for its defeat in a GME short position three years prior, underscores the intersection between TheRoaringKitty’s conventional finance fanbase and crypto meme coins.
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2024-05-13 19:21