PANews reported on May 12 that, according to Lookonchain monitoring, Roaring Kitty (@TheRoaringKitty), a trader who became famous during the GameStop short squeeze, posted a tweet related to RKC and then deleted it, causing the price of RKC to drop by 90%.
However, the RKC developer has cashed out 6,260 SOL, approximately $611,000. The developer used 10 wallets to purchase 395.18 million RKC, representing 39.52% of the total supply, for 20 SOL (approximately $1,950), and then sold all of it for 5,071 SOL (approximately $495,000). The developer also received 1,209 SOL (approximately $118,000) through creator fees.
