Retard Finder Coin (RFC) Rockets Past $100M Market Cap with 95% 24-Hour Surge, Fueled by Social Buzz and Celebrity Ties

On April 13, as the overall sentiment in the crypto market warmed up, meme coin Retard Finder Coin (RFC) captured community attention again with its remarkable price surge. According to data from Dexscreener, RFC's price increased by 95% within 24 hours, skyrocketing to $0.1283, with a market capitalization reaching $124.6 million, making it the first memecoin in recent days to exceed a market cap of $100 million.

The name Retard Finder Coin (RFC) originates from the X account Retard Finder (@IfindRetards), known for its sharp political satire. Retard Finder frequently targets well-known figures in politics and financial markets including former U.S. President Joe Biden, Facebook founder Mark Zuckerberg, and Speaker of the U.S. House of Representatives Nancy Pelosi. These biting satirical posts have rapidly spread on X, amassing a large following and laying the cultural foundation for RFC's emergence and growth. Currently, the Retard Finder X account has accumulated 713.5k followers.

RFC's explosive growth is attributed to its connections with prominent figures like Elon Musk and Donald Trump. Musk and President Trump's son Eric Trump were found to follow the @IfindRetards account, and Musk has interacted with the account multiple times.

In one post, Musk criticized Trump's trade adviser Navarro and tagged the Retard Finder, as if implying, "I found an idiot." This post even made headlines in Chinese news, boosting the widespread dissemination of the IfindRetards account.

The high-profile attention from Musk and other celebrities significantly fueled RFC's price momentum. Subsequently, exchanges began to take notice of RFC. On April 7, Binance announced the inclusion of RFC in Binance Alpha. Bitget also announced listing Retard Finder Coin (RFC) in the Innovation and Meme Zone.

The exchange listings not only increased liquidity but also provided greater exposure for RFC. According to Coingecko data, over the past week, RFC's price rose from $0.01168 to $0.1283, while its 24-hour trading volume surged from $3,088,628 to $77,377,049.

According to on-chain data analyst @ai_9684xtpa, the top address holder of RFC, since April 7, purchased 16.21 million RFC at an average price of $0.0174 and has not sold any. The current unrealized profit has exceeded $1.3 million, with a return rate of 446.4%.

However, it is important to note that RFC is fundamentally a high-risk, sentiment-driven meme token. It lacks a clear use case or development roadmap. Its price is mainly influenced by social buzz and interactions. Should Elon Musk cease his involvement or public interest wane, sentiment could quickly deteriorate, leading to significant price volatility. On-chain data shows that the top 40 addresses hold 40.76% of the supply, and many large holders have seen gains of over 400%, increasing the likelihood of profit-taking.