A post from the verified X account of Keith Gill, the investor known as Roaring Kitty, fueled widespread speculation of a hack after it promoted a new Solana meme coin, a sharp deviation from his long-held focus on GameStop Corp. The post, appearing after 16 months of account inactivity, pointed to a Pump.fun address for a token called Red Kitten Crew (RKC).
On-chain analysts and followers of Gill were quick to flag the post as a likely account compromise. "The pattern mirrors recent takeovers of high-profile crypto accounts," one analyst noted, pointing to the abrupt return and lack of explanation. Gill, who has 1.6 million followers on X, has never publicly promoted a meme coin or used the Solana-based token launchpad Pump.fun.
The RKC token launched via Pump.fun's bonding curve mechanism and graduated to the Raydium decentralized exchange within minutes of the post, according to data from the platform. The token's market capitalization peaked at $5.97 million before settling near $4 million, with 24-hour trading volume hitting $2.55 million. The post and a subsequent image with the text "red bandit crew 4 life" were deleted from Gill's account.
The incident raises questions about the security of high-profile social media accounts and their influence on speculative crypto assets. The choice of Pump.fun as a launch vector is notable, as research suggests a high prevalence of scam-related tokens on the platform. Until Gill addresses the post through other channels, traders are treating the RKC token as an unverified asset tied to a suspected account breach, a situation that also saw GameStop (GME) shares turn negative after an initial 13% gain the same day.
This article is for informational purposes only and does not constitute investment advice.
