Roaring Kitty ($ROAR)
Roaring Kitty ($ROAR)
General Characteristics
Roaring Kitty ($ROAR) is a meme coin launched on the Ethereum network and BNB chain. Its logo portrays a fierce-looking brown cat, one of the animals adopted by multiple projects within the meme coin market. Although unaffiliated, the meme token originates from the actions of Keith Gill, a financial analyst who promoted GME, the meme stock for the gaming platform GameStop, between 2019 and 2021. Gill, whose X’s handle is Roaring Kitty, went dark on social media after a short squeeze. However, Gill resurfaced on May 13, 2024, with a tweet showing renewed interest in GME meme stock. This sparked a massive wave of bullish streaks within the meme coin market. Before and during Gill’s reappearance, many meme coins emerged with a narrative around his X username and his highly promoted GME stock. $ROAR sets itself apart from similar projects through its dynamic utility, roadmap, and market metrics. The project’s website portrays $ROAR as the new king of memes because whoever “controls the memes controls the universe.”Roadmap
$ROAR’s roadmap features four phases poised at making it one of the most ambitious meme coins in the industry. They are:- The Launch phase includes listing the project on price-tracking platforms like Dextools, CoinMarketCap, and CoinGecko and bringing it to the limelight, attaining over 1,000 $ROAR holders.
- The Marketing and Partnerships phase will feature additional listings on crypto platforms, and crossing over 5,000 $ROAR holders.
- The Globalization phase includes enabling $ROAR token swaps and staking as well as launching $ROAR-focused NFT marketplace and merchandise.
- The Brand Monetization phase includes launching a play-to-earn platform and organizing real-world events focused on $ROAR meme token.
Functionality and Utility
$ROAR currently powers its ecosystem filled with meme lovers. It will have additional utility as the project’s NFT marketplace debuts its dedicated 5,555-piece NFT collection dubbed Roaring Kitteh.Market Performance and Dynamics
$ROAR has a total supply of 1,000,000,000 tax-free tokens. The liquidity pool has been burnt to bolster transparency and investors’ trust. $ROAR is available on the Ethereum network and the BNB Chain. Following Gill’s comeback in May 2024, $ROAR’s market performance significantly soared. For example, its price skyrocketed by over 2,200% to an all-time high of $0.005244. At the time of writing, a market correction has taken the meme token to a trading price of $0.0001179. Its fully diluted market capitalization is currently $109.06K.Community
$ROAR is supported by a community of cat lovers across social platforms like X and Telegram. As of September 18th, Roaring Kitty has over 4.5K followers on X and over 1000 subscribers on Telegram.Pros
- Employs zero taxation on tokens.
- Goes accompanied by the Roaring Kitteh NFT Collection.
- Outlines detailed roadmap.
Ethereum
