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

BeInCrypto
Traders suspect Keith Gill's X account was hacked after it posted a Solana meme coin, causing a brief price spike for the token.

Summary

The X account of Keith Gill, known as Roaring Kitty, resurfaced after 16 months with posts promoting a Solana meme coin called Red Kitten Crew (RKC). The move sparked a 25% price rally in the asset, though traders and analysts widely suspect the account was compromised, as the promotion diverges sharply from Gill's history of focus on GameStop stock and value investing. The posts have since been deleted, and experts warn that most tokens launched via such platforms carry significant risks of fraud.

(Source:BeInCrypto)