RKC Price Rallies 25% As Roaring Kitty Returns After 16 Months


RKC Price Rallies 25% As Roaring Kitty Returns After 16 Months


Keith Gill’s verified X (Twitter) account, known to 1.6 million followers as Roaring Kitty, posted a Solana Pump.fun contract address on Monday after 16 months of silence, prompting near-universal calls from traders that the handle has been compromised.

The May 11 post carried no caption beyond the token address and a short cartoon clip. The format sharply breaks from Gill’s history of long GameStop livestreams and detailed market commentary.

A 16-Month Silence Ended by a Pump.fun Token

The post appeared at 21:13 GMT and pointed to a freshly launched Solana meme coin called Red Kitten Crew (RKC). The same account followed within minutes with an image and the text “red bandit crew 4 life”.

Roaring Kitty Account Resurfaces

The posts have since been deleted.

He also indicated that he held GameStop (GME) and RKC, causing a 25% surge in the RockyCat price.

RockyCat (RKC) Price Performance
RockyCat (RKC) Price Performance. Source: Coingecko

Notably, the two RKC tokens share only a similar ticker and cat theme. The Solana Red Kitten Crew (new Pump.fun launch today) exploits Roaring Kitty hype via the suspected hacked account.

The older BNB Chain RockyCat is an established, unrelated community underdog meme project with its own fair-launch narrative. No affiliation, shared team, or connection exists. Pure name collision for opportunistic pumps.

RKC graduated from Pump.fun’s bonding curve to Raydium within minutes. The token peaked at a $5.97 million market cap before easing to roughly $4 million. Trading volume hit $2.55 million over 24 hours.

Red Kitten Crew Price Performance
Red Kitten Crew Price Performance. Source: Pump.fun

Gill’s previous activity centered on his GameStop position, including the $180 million bet he disclosed in June 2024. He has never publicly promoted a meme coin or used Pump.fun.

His public footprint has centered on options trading, value investing themes, and ad hoc YouTube livestreams.

Why Traders Are Calling the Post a Hack

GameStop holders and on-chain analysts flagged the post almost immediately. They cited the abrupt return and the lack of any explanation. The choice of a fresh Pump.fun launch also broke from Gill’s content history.

The pattern mirrors recent takeovers of high-profile crypto accounts. Examples include the breach of Michael Saylor’s MicroStrategy handle. Hackers also seized Kylian Mbappe’s X profile last year to push a meme token.

Pump.fun itself has been a recurring vector. Research suggests 98.6% of tokens launched there carry scam or wash-trading characteristics.

Gill has not addressed the post on any other channel. Until he does, traders are treating RKC as an unverified, high-risk asset tied to a suspected account compromise.

GameStop (GME) Stock Performance
GameStop (GME) Stock Performance. Source: TradingView

GameStop shares have also turned negative after gaining as much as 13% the same day. As of this writing, GME was trading for $23.19.

The post RKC Price Rallies 25% As Roaring Kitty Returns After 16 Months appeared first on BeInCrypto.



Source link