Roaring Kitty-Linked RKC Memecoin Crashes After $729K Developer Exit
5 Articles
5 Articles
Roaring Kitty's Deleted X Post Triggers 90% Crash in RKC Meme Coin
Roaring Kitty’s deleted post on X triggered a crash in the meme coin RKC, wiping out 90% of its value within hours. Traders who bought into the hype lost hundreds of thousands of dollars, while the coin’s developer reportedly cashed out over $600,000 before it collapsed. RKC Dev Profited Over $600K from Token Keith Gill’s verified X account, popularly known by his 1.6 million followers as Roaring Kitty, ended a 16-month silence on May 11 with a …
RKC Memecoin Tanks After Developer Cashes Out $729K
TL;DR: RKC surged to an $11 million market cap after Roaring Kitty’s X account posted its ticker and contract address, then collapsed 67%. Lookonchain said the developer sold $611,000 in RKC and collected $118,000 in Pump.fun creator fees, totaling about $729,000. A trader lost $188,600 within roughly one hour, highlighting how concentrated supply, sniping and celebrity-linked hype can punish late memecoin buyers fast during thin launch-market …
Roaring Kitty-linked RKC rug pull sees developer wallets cash out over $600K
Blockchain analysts traced large token holdings and rapid sell-offs behind the RKC crash as traders questioned whether Roaring Kitty’s X account had been compromised.
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