Share this article
RoaringKitty a GameStop Billionaire by Friday? Crypto Traders Are Placing 50% Odds
A new market on betting application Polymarket has seen over $120,000 in trader placed on Keith Gill making ten figures on his GameStop equity and options holdings.
Updated Jun 7, 2024, 8:21 a.m. Published Jun 7, 2024, 8:21 a.m.
- Market watchers expect Keith Gill, known as Roaring Kitty, to potentially reach a billion-dollar position in GameStop stock by Friday.
- Polymarket bets on Gill becoming a billionaire have gained traction, with "yes" odds rising to 50.
Market watchers are widely backing retail stock trader Keith Gill to clear a billion dollars on his GameStop (GME) stock positions by Friday in what could become one of the biggest meme-stock trading success stories.
Gill, popularly known by his X account @TheRoaringKitty and Reddit account “DeepF*ckingValue” aliases – he doesn't use an asterisk on the platform – flashed a $583 million position in a Reddit post on Thursday, showing $382 million in profit across options and equity positions. GME stock added 47% to $46 yesterday and surged to $61 in after-hours trading.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Followers on Reddit quickly did the math and calculated that GME needed to add just $9 on Friday to give Gill a billion-dollar exposure to the video game retailer's stocks.
Polymarket bets on Gill clearing the 10-digit mark on his brokerage account have quickly found favor among investors. The “Roaring Kitty billionaire by Friday?” market has racked up $120,000 in bets since going live late on Thursday, with “yes” odds climbing since early Asian hours on Friday – reaching 50%.
“If GME hits 70$, the intrinsic value of his position would reach a billion. (5m shares * 70$) + (12m shares from calls * (70$ - 20$ strike)),” said user “etj103007,” who purchased 15,000 shares in favor.
“I believe in Roaring Kitty,” said another user who held 1,000 “yes” shares.
The market will resolve to “yes” if @TheRoaringKitty announces that he is a billionaire or otherwise shows a brokerage position of at least $1 billion dollars in value by 11:59 PM ET tonight. The resolution source for this market will be information from Gill or his known social accounts.
Meanwhile, a spoof GME token on the Solana blockchain has racked up nearly $200 million in trading volumes in the past 24 hours, largely driven by Gill’s social updates. Related meme roaring kitty (KITTY) rose 220%, CoinGecko data shows.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
