RFC Token Surges Over 1,000% in April—Fueled by Memes, Musk & Whales

Source Beincrypto

As the meme coin frenzy cooled down, Retard Finder Coin (RFC) unexpectedly entered the spotlight. Its price skyrocketed, pushing its market cap beyond $100 million.

Starting at an average price of $0.012 in early April, RFC soared to $0.13 quickly. This impressive 1,000% gain happened in just two weeks. What fueled this explosive rise of RFC, a relatively new meme coin? Let’s explore the factors behind its surprising growth.

What Made Retard Finder Coin (RFC) Attract Investor Attention?

Retard Finder Coin (RFC) is a meme coin that operates on the Solana blockchain. It was launched through the Pump.fun platform, which is recognized for its rapidly growing meme coin projects.

RFC drew inspiration from the “I Find Retards” community on X. The project carries a humorous and experimental social tone. It distributed 96% of tokens via public Fair Launch, with only 4% allocated to the developer’s wallet. This gave an initial sense of transparency.

Unlike many meme coins, RFC offers a fixed supply, zero taxes, and no airdrops, ensuring fairness and sustainability from the start. RFC quickly captured attention thanks to its humor and viral appeal on social media.

According to BeInCrypto, RFC’s market cap exceeded $120 million in April—a 10x increase. The token now trades at around $0.13. One key factor driving this rally was interaction from Elon Musk’s official X account.

Retard Finder Coin (RFC) Price Performance. Source: BeInCrypto.Retard Finder Coin (RFC) Price Performance. Source: BeInCrypto

Many investors noticed RFC after Musk engaged with the Retard Finder X account at least 25 times since early March. Elon Musk is famous for his entertaining and often provocative posts on X. He regularly uses memes and satirical comments to spark attention. His tagging of the Retard Finder account might be seen as mockery, but it still drove interest.

This isn’t Musk’s first time influencing crypto tokens. He has previously changed his X profile or posted meme-related content that triggered rallies in meme tokens.

Though Musk has never confirmed any link to the Retard Finder account, his interactions alone helped boost RFC’s trading volume throughout April. Data from CMC shows the token’s 24-hour trading volume jumped from $1 million to nearly $65 million.

Whale Accumulation and Exchange Attention

Beyond Musk’s attention, whale accumulation played a major role in RFC’s price surge.

According to a crypto analyst, wallet 9mKy1…7o4Ch bought 16.21 million RFC tokens on April 7 at an average price of $0.0174. By April 14, that investment had yielded over $1.3 million in profit. Another wallet, identified as RFC Dev, spent $163 to acquire 39.94 million tokens 20 days ago. That investment has since grown to over $4.2 million in profit.

Additionally, meme investors reshuffled their portfolios after spotting RFC’s potential. Data from Lookonchain revealed that one whale sold 1.56 million Fartcoin (worth $1.26 million) to buy 11.62 million RFC. This move helped RFC’s market cap break the $100 million mark.

These large transactions boosted liquidity and inspired confidence among smaller investors. As a result, more people joined in, pushing the token price higher.

RFC’s listing on Binance Alpha and attention from Bitget added momentum. Bitget’s listing boosted RFC’s liquidity and accessibility, attracting a wave of new investors. Combined with its viral presence in meme communities, this created a genuine “craze” around the token.

The price surge of Retard Finder Coin (RFC) stemmed from a mix of Elon Musk’s interaction, whale accumulation, and growing attention from exchanges like Bitget. However, as a meme coin, RFC carries significant risks.

“RFC has a cluster of bundled wallets holding 8.2% and the top holder holds 5.7%. Combined they hold almost 14%. Be careful because if they want to dump their coins it’s gonna dump hard…” – Investor Hodlian warned.

Meme Coin Market Cap. Source: CoinMarketCap.Meme Coin Market Cap. Source: CoinMarketCap

Its price relies heavily on market sentiment and speculation, and the project lacks a solid ecosystem foundation. Meanwhile, the overall market cap of meme coins has dropped sharply—from $116 billion at the start of the year to $47 billion, a nearly 60% decline.

RFC may remain in the spotlight for now, but sustaining long-term growth will be a major challenge.

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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