RoaringKitty’s Return Fuels Pepe Coin’s (PEPE) 19% Surge to Record High

  • The meme cryptocurrency, PEPE, has reached a new all-time high, increasing by 19% in the last 24 hours.
  • This surge follows the return of financial analyst Roaring Kitty, a key figure in the 2021 GameStop short squeeze, to social media.
  • PEPE’s rise was also influenced by rumors of a potential listing on Coinbase, which led to a system-wide outage on the platform.

PEPE, a meme cryptocurrency, hits a new all-time high following Roaring Kitty’s return to social media and rumors of a potential Coinbase listing.

PEPE’s Surge Following Roaring Kitty’s Return

Roaring Kitty, also known as Keith Gill, was a central figure in the 2021 GameStop short squeeze. His return to social media after a three-year hiatus has sparked a new meme frenzy, with GameStop’s value doubling and meme cryptocurrencies like PEPE experiencing significant gains. One of Gill’s tweets, featuring a reimagined scene from Gangs of New York with green-skinned characters akin to Pepe the Frog, was particularly bullish for the PEPE community, triggering a 5.5% jump in the token’s value within minutes.

Rumors of PEPE’s Coinbase Listing

PEPE’s price surge was further fueled by rumors of a potential listing on Coinbase. The rumors began circulating after Coinbase experienced a system-wide outage, leading to speculation that the platform was preparing to list the meme coin. While there are currently no confirmed reports of PEPE’s listing on Coinbase, the mere suggestion has caused the meme coin to jump an additional 9% to an all-time high of $0.00001096.

Impact on Other Meme Cryptocurrencies

Gill’s return to social media has also sparked the launch of several Solana meme coins, setting a new record on Pump.fun. Other meme coins, including Dogecoin, Shiba, and Dogwifhat, have also seen significant gains in the wake of this meme frenzy.

Conclusion

The return of Roaring Kitty to social media and rumors of a potential Coinbase listing have led to a significant surge in the value of PEPE, a meme cryptocurrency. While these developments have sparked a new meme frenzy, it remains to be seen whether this momentum can be sustained in the long term.

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Merritt Vale
Merritt Valehttps://en.coinotag.com/
Merritt Vale is a 24-year-old woman who has a strong affinity for the Dogecoin community and has a particular love for the altcoin Shiba. With a passion for understanding the latest trends and developments in the cryptocurrency industry, Merritt provides fresh perspectives and valuable insights to her readers.
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