Lookonchain
Roaring Kitty (@TheRoaringKitty) briefly posted $RKC on social media, then deleted the post — but the damage was already done. $RKC collapsed roughly 90% as attention flipped from a Keith Gill cameo to a brutally familiar exit structure: the developer had front-run the post with a coordinated dump.
Why it matters
On-chain analysis shows the dev spent 20 $SOL (about $1,950) seeding ten wallets with 395.18M $RKC — 39.52% of total supply — then liquidated the full position for 5,071 $SOL (about $495K), plus 1,209 $SOL (about $118K) in creator fees. Total extract: roughly $611K from a $1,950 float. The pattern is the textbook influencer-pump-and-dump: low-cap memecoin, single named catalyst, concentrated insider supply, exit through multiple wallets to mask a single seller.
Market impact
The deleted post is itself a tell — Gill's account has been dormant or careful enough that any visible mention of a low-float memecoin now functions as a free, irrevocable signal. Holders caught in the 90% drawdown have no realistic path to recovery; the dev's $SOL is already across ten wallets with no buyback. The structural read for the rest of the market: any token where a single post — especially from a high-profile account, genuine or hijacked — can move price 10x, a single deletion cannot move it back. Risk is now front-loaded into anyone still sizing into low-cap memecoins on social-media alpha.
Frequently asked questions
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What is $RKC and why did it crash 90%?
$RKC is a low-cap memecoin that briefly spiked after Roaring Kitty (@TheRoaringKitty) posted about it on social media, then collapsed roughly 90% after he deleted the post. On-chain analysis shows the dev had already cashed out before the post was scrubbed.
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How much did the $RKC developer actually make?
The dev spent 20 $SOL (~$1,950) seeding ten wallets with 395.18M $RKC, then dumped the full position for 5,071 $SOL (~$495K) and collected another 1,209 $SOL (~$118K) in creator fees — a total extract of roughly $611K.
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What percentage of $RKC supply did the developer control?
Ten wallets funded by the developer held 395.18M $RKC, which is 39.52% of the token's total supply.
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Why did Roaring Kitty delete the $RKC post?
The post was deleted after $RKC posted its 90% drawdown, but the exact reason wasn't stated. The pattern — a single visible post triggering extreme price action — is itself the read: a high-profile mention of a low-float memecoin is now a free, irrevocable signal.
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What should investors take away from the $RKC crash?
The $RKC episode is a textbook influencer-pump-and-dump: low-cap memecoin, single named catalyst, concentrated insider supply, exit split across multiple wallets. The structural lesson is to front-load risk on any token where a single social-media post can move price 10x — the catalyst can be posted, the dump cannot…
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