Two posts from Keith Gill’s (Roaring Kitty) verified X account shared a Pump.fun address for Solana meme token Red Kitten Crew (RKC) on May 11, then were deleted within an hour. RKC spiked to about a $11–12 million market cap within 20 minutes and then collapsed after the deletions, generating over $10.5 million in sell volume and wiping nearly $10 million in market value. Lookonchain data alleges the token developer bought 395.18M RKC (39.52% of supply) for ~20 SOL and later sold that position for 5,071 SOL (~$495,000) plus ~1,209 SOL (~$118,000) in Pump.fun fees. Wallet concentration and rapid dumps have prompted accusations of insider profit or a hacked account; Gill has not commented.

Verified posts briefly promoted RKC then were deleted; the token surged to ~$11–12M market cap and collapsed after deletions, producing >$10.5M in sell volume and nearly $10M of lost market value. On-chain data shows the developer held ~39.5% of supply and sold for thousands of SOL, and rapid dumps plus wallet concentration led to accusations of insider profit or a hacked account. These concrete on-chain sell events and post deletions are directly negative for the token.