A Solana memecoin tied to a deleted post from Keith Gill’s Roaring Kitty X account triggered a fast speculative surge before reversing sharply, creating another reminder of how quickly social-driven tokens can trap late buyers.
The post, which has since been removed, appeared to include a Pump.fun address for RKC, a Solana token associated with the Red Kitten Crew name. SolanaFloor flagged the deleted post and said RKC reached an $11 million market cap within about 20 minutes before falling hard.
The post’s removal quickly shifted attention from the token’s price spike to the question of account control. The RKC address appeared on the Roaring Kitty account, but the deleted post did not establish a confirmed endorsement from Gill himself. Several market accounts and crypto outlets raised hack concerns after the post disappeared, while KuCoin’s flash update described the account as suspected of being compromised. No clear public clarification from Gill was visible in the immediate aftermath.
The reaction was still immediate because Gill’s Roaring Kitty identity carries unusual market weight. He became a central figure in the GameStop short squeeze and remains closely watched by retail traders. That influence can produce instant liquidity in assets connected to his account, even when the asset is a thinly traded memecoin with limited verified information.
On-chain trading pages later showed RKC continuing to trade on Solana, while the DEX Screener token profile carried community takeover language and references to the alleged account breach. Those details do not prove who controlled the post, but they underline the speed at which traders tried to build a market around a deleted social signal.
The sharpest example came from a wallet tracked by Lookonchain. The trader spent $250,900 buying 31.15 million RKC after the token began moving, then exited the full position for $62,200 after the post was deleted and the market collapsed. The realized loss was about $188,600 in roughly one hour.
That wallet movement captures the core risk behind celebrity-linked memecoin launches. The buyer was not trading a liquid large-cap token with deep order books, steady market-maker support, or mature price discovery. The trade depended on a short social window, fast momentum, and enough incoming buyers to absorb an exit. Once the deleted post removed the main catalyst, liquidity quickly turned against late entrants.
Pump.fun’s model makes these events easier to ignite because new Solana tokens can be created and traded with very low friction. That lowers the barrier for communities, experiments, and jokes to become live markets, but it also compresses the entire risk cycle. A token can launch, spike, trend, reverse, and leave retail traders with large losses before basic verification catches up.
The RKC move also shows why wallet transfers, social posts, and ticker similarity need careful treatment. A post from a famous account does not confirm endorsement, account control, token legitimacy, or future support. A deleted post adds another layer of uncertainty, especially when hack claims are circulating and the token’s main demand source is attention rather than established utility.
The concrete damage is already visible in the tracked trade: $250,900 entered during the rush, $62,200 came back on exit, and $188,600 vanished as RKC liquidity repriced after the deleted post. For traders entering memecoin markets on speed alone, that one-hour round trip is the clearest figure in the entire episode.
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