The Market Value Soared To $100 million, Analyzing The Rise Of Meme Upstart RFC

Introduction

The blockchain world has never lacked hot memes with strong cultural symbols. Recently, Retard Finder Coin (RFC) has skyrocketed to a market capitalization of 100 million USD, verifying this point. This meme, which relies on ironic accounts, how to use the Musk concept to achieve a leap from a market capitalization of millions to billions, whether there is still an opportunity for operation at this stage, this article will explain to you one by one.

Against the trend, the traffic password RFC brings a crazy celebration of Jin Gou

Since April, the U.S. stock and cryptocurrency markets have been overshadowed by the bearish impact of the tariff trade war. Bitcoin price Once fell below $75,000, on-chain transactions continued to shrink, and the market index remained in the ‘extreme fear’ zone. Most altcoins continued to fall, but a meme coin called Retard Finder Coin (RFC) has surged one after another, becoming the only new meme with a market capitalization exceeding $100 million in recent times.

This phenomenon appears to be accidental, but it actually fits the consistent logic of this bull market: when the macro narrative fails, absurdity and humor often become the new carriers of the game of existing capital, and RFC comes at the right time.

Figure 1 Source: @IfindRetards

The narrative of RFC is not complicated, but extremely provocative. Its X platform account ‘Retard Finder’ with the name ‘Retard Finder’ was created in December 2024, focusing on ‘exposing absurdity’, with content revolving around immigration policies and radical environmental issues, resonating with Musk’s political stance. This direct and even provocative style quickly attracted 700,000 fans, providing a huge traffic base for the subsequent issuance of RFC tokens. In the author’s view, the core of this viral spread lies in its precise capture of the anger and mockery emotions of current social media - a rebellion against ‘political correctness’.

In fact, since the launch of RFC on March 25th, with frequent interactions by Musk, the market capitalization skyrocketed from $1.5 million to $100 million on April 13th, a staggering rise. According to the author’s statistics, Musk actively mentioned the ‘Retard Finder’ account 25 times, even more frequently than his interactions with the official Tesla account. This high-frequency interaction is like igniting a rocket booster for RFC. It can be said that Musk’s 200 million fan base gives RFC unparalleled exposure.

Figure 2 Source: @elonmusk

Gate.io has now launched spot trading for this coin.

Image 3 Source: Gate.io

Of course, where the ceiling of RFC is, the author cannot make an accurate prediction, but we can conclude that, like many past viral Memes, behind this frenzy, risks and opportunities coexist.

Timeline Decoding: From Community Meme to Out-of-circle Celebration

To understand the rise of RFC, one must trace back its timeline and recount how those key points are linked to form a crypto frenzy. The author has sorted out the journey of RFC from its birth to breaking through a market capitalization of 100 million US dollars, with each step full of drama.

The story begins in December 2024, when the “Retard Finder” account quietly went live on Platform X, a hype machine that blends humor and interaction. The account’s meteoric rise to prominence stemmed from an ironic post in which someone scribbled a swastika on a Tesla Cybertruck, responding with the phrase “Found one” with a screenshot of the incident. This concise and humorous style immediately sparked widespread dissemination, setting the tone for his style of “exposing the absurd with a minimum of words”. As a result, users began to spontaneously @ the account, sharing what they saw as “mentally retarded remarks”, and the account selectively retweeted, quickly accumulating 710,000 followers.

Figure 4 Source: @ela_gwynet31855

By March of this year, Musk began to interact frequently with his fans, and the number of fans soared from 200,000 to 700,000. On March 25th, the RFC token officially launched on Solana Launched on the chain through the pump.fun platform, with a total supply of 1 billion, 96% is publicly distributed, 4% is reserved for the development team, and it is fairly launched without presale. This relatively fair design, along with Dogecoin The grassroots spirit of that year had a similar effect. The next morning, the market capitalization surged to 9 million US dollars, but then fell back to 1.5 million US dollars, and the market seemed not fully ignited yet.

The turning point came on March 31, when Musk replied to @Nature’s post @Retard Finder, RFC’s market capitalization surged 510.47% in one hour, soaring to $17.48 million, re-igniting the celebrity effect in the market that had already weakened Musk’s shouting orders.

Figure 5 Source: @elonmusk

By April, Musk’s consecutive interactions finally began to attract more attention. A well-known exchange listed RFC on the Alpha list, followed by an unexpected appearance of the account ‘Retard Finder’ in the CCTV-2 report on the financial channel, coupled with exchanges such as Gate.io continuously listing the coin, boosting its popularity. By April 13, RFC’s market capitalization officially exceeded 100 million dollars.

In the author’s view, the series of events triggered by narrative and emotional resonance leading to a spiral rise in coin price is remarkably similar to the early development path of DOGE. But will the trajectory of this high-speed rocket be like Dogecoin Rushing to the moon or just a flash in the pan, it still needs time to verify.

After a market capitalization of $100 million, where is the RFC road?

The out-of-ring of RFC is not an isolated event. After breaking through a market capitalization of 100 million US dollars, is there still an opportunity to intervene, which is worth our consideration. In fact, since 2025, several Musk-endorsed political meme coins such as BPeanut the Squirrel (PNUT), Department of Government Efficiency (D.O.G.E.), First Convicted RACCON (FRED), and other currencies have sparked a frenzy. By comparing these projects, we may see the accidental and inevitable aspects of RFC’s out-of-ring, providing some calm thinking for investors.

Let’s start with PNUT. In early November last year, the squirrel Peanut was complained to be killed by the environmental protection agency, and its owner complained that the officials enforced the law rudely without authorization. The incident was used by the Republican Party to attack the Democratic Party at that time. The founder of Dogecoin, Musk, and others also reposted it. The meme coin PNUT of the same name as the squirrel quickly led to a wave of political animal meme craze, and the market sentiment was high. However, after the coin quickly reached a market capitalization of 6 billion US dollars in mid-November, it has been continuously declining to date, with only a market capitalization of 130 million US dollars remaining, and no signs of stabilization have been seen yet.

Image 6 Source: Gate.io

FRED is the convicted raccoon Fred, closely following PNUT, which has plummeted from a peak market capitalization of 160 million US dollars to 3.5 million US dollars, and has fallen into oblivion.

Similarly, during last year’s U.S. presidential election, Musk expressed his desire to create a ‘Department of Government Efficiency’ and received a positive response from Trump. Subsequently, the department’s English abbreviation D.O.G.E. was introduced, which coincided with Musk’s favorite DOGE coin abbreviation and had Musk’s endorsement. The coin was highly sought after, rising to a peak market capitalization of $500 million. However, after the hype subsided, the coin also entered a downward trend, currently stabilizing around a market capitalization of $18 million.

In comparison, the RFC’s market capitalization of $100 million is obviously more staying power. First of all, its narrative is more controversial and sticky. “Retard Finder” is not only a meme, but also a cultural symbol, catering to the antipathy of some people to “political correctness”; Secondly, Musk’s interaction endorsement of as many as 25 times is irreplaceable, far exceeding the exposure of other concept coins; Finally, among the early investors of the RFC, there are 3 whale addresses that adopt a compound exit strategy of “buy-staking-governance token cash-out”, which is the first of its kind in the meme coin space.

But the randomness of RFC’s popularity cannot be ignored. Musk’s attention is random - if it weren’t for the viral spread of ‘Found one,’ RFC might have just faded into obscurity after its sudden rise like Marvin and Yeah.

Figure 7 Source: @RFindercoin

In addition, on-chain data shows that there are only 12,000 RFC holding addresses, which is still a world of difference compared to the number of holding addresses of the top concept coin Dogecoin. Of course, from the perspective of Dogecoin’s enduring vitality, although it has been influenced by Musk’s many shouts, the real driving force is grassroots power and community strength. Therefore, looking at the huge community consensus of Shiba Inu in the past, and considering the Retard Finder community with 710,000 followers that is still growing, there is still a fundamental support to keep RFC vibrant.

Looking ahead, can Retard Finder Coin (RFC) become the next Dogecoin? In the author’s view, the possibility exists, but the probability is low. The success of Dogecoin relies on a broader and long-term community accumulation and Musk’s continuous endorsement, while RFC’s narrative is too sharp, which may limit its mainstream acceptance. As for the ordinary investor, instead of blindly chasing hot spots, it is better to delve into how the project party transforms social capital into financial capital—the real key to crossing the Meme coin cycle.