Roaring Kitty: Deletes $RKC Post

Roaring Kitty (@TheRoaringKitty) sparked chaos by posting about $RKC, then swiftly deleting it, which tanked the token's value by 90% in a brutal crypto market crash. But the real play unfolded earlier: the $RKC developer snagged 395.18M tokens—39.52% of total supply—using just 20 SOL ($1,950) spread across 10 wallets, then dumped everything for a whopping 6,260 SOL ($611K), pocketing massive gains amid the hype. This Solana-based meme coin rug pull echoes the wild volatility we've seen in the last six months, where influencer-driven pumps often lead to devastating dumps, much like the Bitcoin (BTC) surges tied to viral trends.

As a senior macro-crypto prop trader, let's dissect the SOL 4h chart for confluence signals amid this drama. Price action holds firm in a bullish structure, grinding above the EMA50 at $91.36 as immediate support, with the EMA200 at $86.95 anchoring longer-term conviction—any dip here could trigger institutional buying. Momentum builds with MACD flashing a golden cross at 1.98, signaling sustained upside, though RSI at 65.12 sits neutral, not yet overbought, leaving room for extension. Volatility squeezes inside the Bollinger Bands, testing upper resistance at $98.19 while lower support at $91.28 guards against exhaustion; expect a tactical pullback to that EMA50 confluence before resuming the grind higher, especially if meme chaos spills into broader SOL price prediction models amid rising crypto market crash fears.