Roaring Kitty Is Back And This Memecoin Is Up 5000%+.

Memecoin popularity is just a sign that traders are waking up to market scammery.

Traders,

From time to time I share with members what I invest in personally. Obviously, we have a public portfolio here and that is always made available to members here as we trade. But personally, my investments often differ as does my strategy. And they should. I’ve often encouraged my followers to employ different strategies with their various portfolios as well. This should make sense. Just like we don’t put all of our resources into one stock, or trade one type of asset or asset class on one exchange, we also shouldn’t necessarily depend on just one strategy. For me, trading helps me to stay active in the market and pursuing new technologies. Once I find those chains and technologies that I like and find promising, I may decide to hod’l some of them in personal portfolios.

For example, I’ve shared a number of coins that I have been hodl’ing through the bear market. One such coin was Solana which I have held from $8 all the way up to its current price of $147. In my personal portfolio, I will at times grow bored and make a small degen play. I’ve also been practicing my skills swapping perps on Zeta and hope to soon share some information with members here on that venture when I am more comfortable with utilizing the tool.

Today, I want to share with my followers a coin that I have been watching for some time. I had never pulled the trigger on it until yesterday after Roaring Kitty re-awakened on X with this post to send the GME stock flying again:

https://x.com/TheRoaringKitty/status/1789807772542067105

In case you’re somehow not caught up:

Roaring Kitty is the online persona of Keith Gill, a former financial educator and YouTube personality who gained widespread attention for his analysis and advocacy of investing in the video game retailer GameStop. His posts on Reddit's WallStreetBets forum helped spark the GameStop short squeeze in January 2021, which saw the stock's value skyrocket and inflicted huge losses on hedge funds that had shorted the company. Gill's position in GameStop earned him millions of dollars, and he became a celebrated figure among retail investors challenging Wall Street conventions.

In my opinion, the rise of meme stocks and meme coins is not the degeneracy that lame street finance wants you to believe it is. I wouldn’t even necessarily call it a symptom. To me, it represent a sign that retailer investors are waking up and understanding the scam that much of the conventional Wall Street stock market has become. One of the reasons I made the switch to start trading crypto many years ago is because I realized this fact. Crypto appeared purer at that time and followed the technicals the way in which stocks used to. More on the scammery that much of the market (specifically GME) has become can be reviewed here by one of my favorite independent journalists, Ian Carroll:

https://x.com/Cancelcloco/status/1790149359381913687

Anywho, after Roaring Kitty made his comeback on X yesterday, I knew this meme coin would fly. And fly it did! Up almost 5000% at its peak. But I still believe there is more to come. This type of hype takes a while to die down.

The coin…