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

🤖 GG AI Summary

Keith Gill, known as Roaring Kitty, resurfaced after 16 months with a suspicious post promoting a new Solana meme coin called Red Kitten Crew (RKC), leading to a 25% price rally in the unrelated RockyCat token due to name confusion. The post is widely believed to be a hack, as it deviates from Gill's usual content and was quickly deleted. This incident caused significant market activity and concerns among traders about account security and opportunistic token pumps.

Sentiment: 25% Bearish

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. 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. 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 ...

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