Roaring Kitty's X Account Compromised; Red Kitten Crew Token Surges to $12M, Crashes to $1.8M

According to BlockBeats, Roaring Kitty's X account was compromised early on May 12, posting a contract for Meme coin Red Kitten Crew (RKC). The token surged to $12 million in market capitalization before collapsing to $1.8 million. Roaring Kitty subsequently regained control of the account and deleted the tweet containing the token's contract address.
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