Keith Gill’s verified X (Twitter) account, recognized to 1.6 million followers as Roaring Kitty, posted a Solana Pump.enjoyable contract tackle on Monday after 16 months of silence, prompting near-universal calls from merchants that the deal with has been compromised.
The Could 11 submit carried no caption past the token tackle and a brief cartoon clip. The format sharply breaks from Gill’s historical past of lengthy GameStop livestreams and detailed market commentary.
A 16-Month Silence Ended by a Pump.enjoyable Token
The submit appeared at 21:13 GMT and pointed to a freshly launched Solana meme coin referred to as Purple Kitten Crew (RKC). The identical account adopted inside minutes with a picture and the textual content “crimson bandit crew 4 life”.
The posts have since been deleted.
He additionally indicated that he held GameStop (GME) and RKC, inflicting a 25% surge within the RockyCat value.
Notably, the 2 RKC tokens share solely the same ticker and cat theme. The Solana Purple Kitten Crew (new Pump.enjoyable launch at this time) exploits Roaring Kitty hype by way of the suspected hacked account.
The older BNB Chain RockyCat is a longtime, unrelated neighborhood underdog meme challenge with its personal fair-launch narrative. No affiliation, shared group, or connection exists. Pure title collision for opportunistic pumps.
RKC graduated from Pump.enjoyable’s bonding curve to Raydium inside minutes. The token peaked at a $5.97 million market cap earlier than easing to roughly $4 million. Buying and selling quantity hit $2.55 million over 24 hours.
Gill’s earlier exercise centered on his GameStop place, together with the $180 million guess he disclosed in June 2024. He has by no means publicly promoted a meme coin or used Pump.enjoyable.
His public footprint has centered on choices buying and selling, worth investing themes, and advert hoc YouTube livestreams.
Why Merchants Are Calling the Publish a Hack
GameStop holders and on-chain analysts flagged the submit virtually instantly. They cited the abrupt return and the dearth of any rationalization. The selection of a recent Pump.enjoyable launch additionally broke from Gill’s content material historical past.
The sample mirrors current takeovers of high-profile crypto accounts. Examples embrace the breach of Michael Saylor’s MicroStrategy deal with. Hackers additionally seized Kylian Mbappe’s X profile final yr to push a meme token.
Pump.enjoyable itself has been a recurring vector. Analysis suggests 98.6% of tokens launched there carry rip-off or wash-trading traits.
Gill has not addressed the submit on every other channel. Till he does, merchants are treating RKC as an unverified, high-risk asset tied to a suspected account compromise.
GameStop shares have additionally turned damaging after gaining as a lot as 13% the identical day. As of this writing, GME was buying and selling for $23.19.
“GME Individuals suppose this man’s account is hacked. I don’t. I believe it’s a part of the plan. IMO he first posted the tweet trying like a hacked tweet for final confusion. That’s his M.O. Gonna be an attention-grabbing evening with the market pricing this,” market researcher Jake Wujastyk highlighted.
The submit RKC Value Rallies 25% As Roaring Kitty Returns After 16 Months appeared first on BeInCrypto.