Degens are betting that the return of Keith Gill, aka “Roaring Kitty,” is the sign of an imminent memecoin rally, but the experts aren’t so sure it’s that simple.
Following the return of Keith Gill — also known as “Roaring Kitty” — traders are keeping their eyes peeled for the next big stock or crypto rally — but analysts aren’t so sure.
However, eToro market analyst Josh Gilbert told Cointelegraph that it probably won’t be that easy this time around. “The environment is just not comparable to 2021, when interest rates were at rock bottom, governments were providing fiscal stimulus globally, and major economies had little to no inflation.”
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