Roaring Kitty’s Deleted Post Wipes 90% Off RKC Coin-Cats Cry, Humans Lose Cash!

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Well now, let me tell you ’bout this here Roaring Kitty and his deleted X post. Seems the man took a break from his 1.6 million followers for 16 months, then comes back like a cannonball at a tea party. He posted a Solana Pump.fun contract address for this “Red Kitten Crew” meme coin (RKC), along with a cartoon clip that made folks think they’d stumbled onto the cat’s meow. But lo! The next minute, he deleted the post and shared another with “red bandit crew 4 life,” which vanished faster than a dollar bill in a poker game. The result? A speculative trading frenzy that made RKC soar, then crash 90%-leavin’ traders howlin’ like wolves at the moon.

While the common folk were left clutchin’ their pearls, the coin’s developer reportedly scooped up $600,000 before the whole charade collapsed. According to the blockchain sleuths at Lookonchain, this shrewd gent used just $1,950 across 10 wallets to buy 39.52% of RKC’s supply, then sold it all off for $495,000. And if that ain’t enough, he pocketed an extra $118,000 in creator fees, like a pirate with a side hustle.

The Great Meme Coin Heist of 2024

Some folks reckon the account was hacked, seein’ as Keith Gill’s whole schtick is GameStop and not promoting meme coins. But hey, maybe he’s just moonlightin’ as a crypto con artist now. Others point to the familiar pattern: influencer stirs up hype, developer cashes out, and the little people are left with a burnt hand and a tale to tell. It’s a game as old as time itself, folks.

Pump.fun, the platform behind this fiasco, ain’t exactly a paragon of virtue. Researchers say half the tokens there smell like a scam, and two lawsuits are chasin’ ’em like hounds after a rabbit. Seems they’ve been collectin’ $500 million in fees while the rest of us scratch our heads, wonderin’ who lit this match.

A Tale of Two Cats

And let’s not forget the other high-profile X account hijinks-Michael Saylor’s fake Bitcoin giveaway and Kylian Mbappé’s Solana scam. It’s a circus out there, and the clowns are gettin’ rich while the audience loses their shirts. But hey, at least the kittens in the cartoon got a good laugh.

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2026-05-12 21:16