There has been another similar incident on the Solana network, where there have been many suspicious meme coin spikes recently. Shortly after a crypto investor bought the meme coin KITTY, financial analyst Keith Gill, who hadn’t written for X in years and commented under the pseudonym “Roaring Kitty”, returned to the platform.

This comeback sent the meme coin KITTY up more than 6000%. This rise also multiplied the profit of the investor who bought before the comeback in a short time. The person who spent 21 SOL ($3,000) and bought 17.4 billion KITTY tokens before Keith Gill’s tweet made a profit realization with the rise. Selling 12.8 million KITTY tokens for 294 SOL, this person still holds 4.6 million of them. The investor, who realized a profit of approximately 38 thousand dollars, preferred to leave 56 thousand dollars inside. The total profit reached 32 times.

Another meme coin also increased

Keith Gill’s return to X boosted not only the meme coin KITTY, but also GME, the token associated with GameStop (but unrelated to the project) that made him famous. GME gained close to 400% in value.

In 2021, everyone recognized him

In 2021, Gill was one of the leading players in the frenzied buying of GameStop stock, which was shorted by major companies. In his testimony to the US Congress on the subject, Gill said, “I liked this stock” and stated that there was no other motivation for the purchase, and his statements made a sound and made him famous.

After 3 years of not tweeting and posting for the first time last night, KITTY and GME rose sharply.

It is certain that the trader is either Gill or someone close to Gill.