Against the trend, it surged to a new high. Will Elon Musk's political concept Meme coin RFC be the next big dog?

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8 days ago

Author: Ethan

On March 7, while the entire cryptocurrency market was engulfed in a downturn, a meme project named "RFC" (Retard Finder Coin), inspired by Musk, surged against the trend. According to GMGN data, RFG's price skyrocketed over 200% in the past 48 hours, with a market cap nearing $30 million at its peak.

The X platform social account of RFC is nicknamed "Retard Finder," created in December 2024. Its tweets often revolve around immigration policies and radical environmental issues, leaning towards right-wing sentiments and criticizing the "white left" (aligning with Trump).

In the past month, the account has gained attention from celebrities like Musk and Eric Trump, with its follower count skyrocketing from over 200,000 to 700,000, averaging about 20,000 new followers daily, far exceeding the growth rate of similar political satire accounts (which typically see daily increases of 3,000 to 8,000). Moreover, Musk's account has interacted with the RFC account 22 times, leading conspiracy theorists to suspect that this account is Musk's "political alt."

Surging against the trend to new highs, could Musk's political concept meme coin RFC be the next big dog?

The Political Manipulation Behind Musk's Support

Retard Finder initially gained rapid popularity with a simple yet ironic post: when someone graffiti-ed a Nazi symbol on a Tesla Cybertruck, it responded with just "Found one" along with a screenshot of the incident. This concise humor style quickly went viral and established its tone of "exposing absurdity with minimal words." Since then, many users have spontaneously begun interacting with Retard Finder on the X platform, tagging the account whenever they encounter what they consider "idiotic remarks"; Retard Finder selectively retweets these posts for entertainment.

Since Musk began following and interacting with Retard Finder in early March, the account's followers have surged from about 200,000 to nearly 700,000, with an average daily increase of about 20,000, far surpassing the growth rate of similar political satire accounts (which typically see daily increases of 3,000 to 8,000).

Some may wonder why Musk doesn't voice his opinions directly through his account but chooses to leverage this project instead. The reason may be political risk aversion. Musk is currently facing an investigation by the EU regarding X platform's interference in the German elections, and directly criticizing the "white left" could increase legal risks; by using a third-party account (@IfindRetards) to express his views, he retains political maneuverability while successfully making this account his "spokesperson," allowing him to convey personal opinions more freely.

Surging against the trend to new highs, could Musk's political concept meme coin RFC be the next big dog?

By searching "from:elonmusk @ifindretards" on Musk's homepage, it is easy to see that the interaction between these two accounts is unusually frequent. In the past 35 days, they have interacted 22 times, with Musk proactively tagging the other account 11 times, far exceeding his average monthly interaction frequency with Tesla's official account (@Tesla), which is 3-5 times.

In March 2025, Musk directly tagged this account in response to a post criticizing him for "declining cognitive abilities." Previously, Quillette founder Claire Lehmann had posted that Musk relied on drugs rather than exercise to stay sharp, to which Musk casually replied by tagging @IfindRetards, as if implying "I found a fool." This interaction not only significantly increased the account's exposure but was also seen as Musk's tacit approval and recognition of its "troll culture."

Surging against the trend to new highs, could Musk's political concept meme coin RFC be the next big dog?

A Rare Celebration in the Crypto Circle

In the token trading market where meme culture thrives, top influencers like Musk and CZ remain the focal points, with any of their actions drawing widespread attention. Following Musk's frequent interactions with the "mouthpiece" account, the RFC token quickly became a market hotspot, with its market cap continuously rising.

Since the RFC token launched on March 25, its market cap briefly soared to $9 million in the early hours of the 26th, before falling back to a low of $1.5 million, after which it stabilized around $200. It wasn't until March 31 at 14:36 that Musk tagged Retard Finder again in response to a @Nature post, causing the RFC token's market cap to surge by 510.47% within an hour, jumping from $2.86 million to $17.48 million, setting a record for the highest increase from a single interaction.

Surging against the trend to new highs, could Musk's political concept meme coin RFC be the next big dog?

On April 2 at 23:52, Musk tagged Retard Finder again in response to a @EndWokeness post, causing the token's market cap to surge by 84.57% in just 4 minutes, rising from $11.37 million to $20.98 million. Although it quickly fell back afterward, the impact of this interaction was still significant.

On April 6 at 12:59, Musk directly responded to a Retard Finder tweet, where the latter requested Musk to investigate the restoration of a certain user's social account, to which Musk replied, "Investigating." The high-frequency interactions have led the RFC token's price to soar in the past two days, with its market cap rising from $10 million to a peak of $30 million, making it the most eye-catching dark horse in today's market.

Surging against the trend to new highs, could Musk's political concept meme coin RFC be the next big dog?

Whether it is Musk's frequent interactions or the humorous memes from the account itself, the success of the RFC token undoubtedly injects a strong dose of excitement into the crypto community during a sluggish market. While some RFC holders shout "RFC is the next DOGE," Odaily Planet Daily still reminds everyone that meme investments carry significant risks, and caution should be exercised.

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