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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:

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

Official links

CA: 0x569d0e52c3DbE95983BCC2434Cb9F69d905be919 Website Twitter Telegram

Where to buy

Uniswap PancakeSwap SushiSwap CurveFi This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space. We first share this report with our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then, the next day, we publish it for the general public. While we thoroughly pick and analyze strong contenders in the meme coin space, remember that we do not give here any investment advice. Always consider your own goals and analyze the risks inherent to meme coins before investing.

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