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🩸BEARISH

Trader Loses $188K in One Hour Chasing a Roaring Kitty-Linked Token

A trader lost $188,600 in under an hour after FOMO-buying $RKC, a token that spiked following a post by the account…

A trader lost $188,600 in under an hour after FOMO-buying $RKC, a token that spiked following a post by the account associated with Roaring Kitty. The trader spent $250,900 to accumulate 31.15 million $RKC tokens at the peak of the hype.

When the original post was deleted, $RKC collapsed. The trader sold the entire position for just $62,200 — a 75% loss in a single session. The episode is a sharp reminder of how quickly influencer-driven token pumps can reverse, and how little time there is to react when the catalyst disappears.

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Aggregated from Lookonchain · Verified · Last refreshed 18h ago
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