Roaring Kitty’s X account was reportedly compromised to share the Red Kitten Crew contract address; according to Lookonchain, the developer controlled 39.52% of supply and later sold for 6,260 SOL.
The X account associated with Roaring Kitty was reportedly compromised and used to post the contract address for Solana-based meme coin Red Kitten Crew, also referred to as RKC. After the post, the token briefly reached a $12 million market capitalization before dropping to $1.8 million, and later fell about 90% after the post was deleted. According to Lookonchain, the developer used 20 SOL to acquire 39.52% of the token supply and later sold all of those holdings for 6,260 SOL, worth about $611,000. Roaring Kitty has not publicly clarified the incident. The episode highlights how compromised high-profile social media accounts and concentrated token ownership can drive abrupt speculative surges and sharp reversals in thinly traded crypto assets.