This sound comes from the Sonic the Hedgehog game series, where collecting rings became one of the franchise's most recognizable audio cues. Over time, the effect spread far beyond gameplay and into edits, compilations and short-form videos as a universal signal for getting something valuable. It remains popular because people instantly connect the chime with rewards, speed and classic game nostalgia. In meme editing, it fills a similar role to the Zelda - Item Get sound, but with a quicker arcade feel.