Roaring Kitty releases X-Men video to flood the market with Wolverine-themed memes

Author: Oliver Knight, CoinDesk; Compiler: Baishui, Golden Finance

• Wolverine meme coins were minted immediately after The Roaring Kitty posted a video featuring X-Men characters.

• Multiple tokens related to GameStop and Melvin Capital were also issued.

After The Roaring Kitty, the figure behind the Gamestop meme stock frenzy, posted a video featuring X-Men characters on the X social media platform, Wolverine-related meme coins flooded multiple blockchains.

According to Dextools, after the tweet, more than 30 new tokens were launched on Pump.fun, and others were also launched on Ethereum and Solana.

The Roaring Kitty, whose real name is Keith Gill, returned to social media on Monday after a three-year absence, posting a meme suggesting garnering attention, leading to a broad rally in meme stocks, a weekly volatile start to GameStop shares (GME), and some cat-related meme coins.

Meme coins have become a key component of the recent cryptocurrency bull run, following the success of dogwifhat (WIF) and bonk (BONK). Many tokens have surged to market caps of more than $1 billion as investors try to find the next dogecoin (DOGE) or pepe (PEPE).

Many newly minted meme coins have faced sharp declines soon after launch as bad actors took advantage of the hype around meme coins and drained liquidity.

The return of The Roaring Kitty could bring a new narrative to meme coin trading.

The immediate growth of X-Men characters and meme coins associated with Gamestop and Melvin Capital (the hedge fund that was squeezed out of its GME short three years ago) shows the clear convergence between TheRoaringKitty’s traditional financial following and crypto meme coins.