The removal of Roaring Kitty posts caused RKC's stock price to plummet by 90%, and RKC's developers have already cashed out $611,000.

CoinFeed reported on May 12th that, according to Lookonchain monitoring, Roaring Kitty (@TheRoaringKitty), a trader famous for her role in the GameStop short squeeze, posted and then deleted a tweet related to RKC, causing the price of RKC to plummet by 90%. However, the RKC developer has already 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 them all for 5,071 SOL (approximately $495,000). The developer also received 1,209 SOL (approximately $118,000) through creator fees.