Keith Gill, known online as "Roaring Kitty," made a dramatic comeback to social media, revealing his massive stake in GameStop. This sudden announcement sent the stock price soaring, with GME shares jumping 19% overnight. The surge was fueled by Gill's $181.4 million investment in GameStop stock and call options, which he believes will reach at least $20 a share by June 21.

Gill's post on Reddit included a screenshot showing his purchase of 5 million GME shares for $115.7 million and an investment of $65.7 million in call options. The screenshot also revealed that he has gained over $9.3 million on his GME holdings while sustaining a nearly $2.5 million loss on his call options. Following Gill's post, GME surged by 19.19% in 20 minutes on Robinhood's overnight markets, reaching $27.58. GameStop closed at $23.14 on Friday, May 31, and has seen a 38.8% increase in shares this year, seemingly buoyed by Gill's return, according to Google Finance.

The return of Roaring Kitty has sparked a frenzy in the meme coin sector, which has been consolidating in recent months. While top meme coins like Dogecoin and Shiba Inu have been consolidating, other market players like Pepe Coin and Dogwifhat have delivered multi-fold returns in the past few weeks. GameStop and similar stocks are showing significant potential this quarter, defying traditional wealth creation principles and offering the tantalizing prospect of turning ordinary investors into instant millionaires.