The account that was silent for three years has issued tokens, and the reason behind the immediate rise after fish went live

The fish token has launched on Alpha. This is not an ordinary new coin issuance; it is the comeback of an account with a story behind it. The @RAINBOWFlSH account, which disappeared in December 2022 after a controversial tweet about “hit a child and went to jail,” suddenly returned on January 1, 2026, after three years, and re-entered the market in the form of the fish token. After launch, market response was swift, with an initial market cap of $678.35K, quickly rising to $913.18K, and trading activity continuing to heat up.

Account Background and Narrative Value

@RAINBOWFlSH is a parody account of the classic children’s book “The Rainbow Fish,” and has a certain reputation within the crypto community. The account had been silent since December 2022 due to a highly controversial tweet. Its sudden return itself constitutes a strong narrative—a “disappeared account” making a comeback. Such storytelling often attracts widespread attention and participation within the meme coin ecosystem.

Market Performance and Trading Activity

According to the latest news, the market performance of fish after launch has been quite active:

• Initial Market Cap: $678.35K
• Peak Market Cap: $913.18K
• Increase: approximately 35%
• Trader Profitability:
  • One trader gained +115.40%
  • Another trader gained +118.58%

These figures indicate that fish experienced rapid growth from an initial market cap of $263.79K. The high returns for traders reflect early participation opportunities but also highlight the market’s high volatility.

Position in the SOL Ecosystem

The launch of fish coincided with a period of sustained high interest in meme coins on the SOL chain. According to the latest on-chain trending narratives, fish frequently appears in community discussions, alongside popular projects like $PURK, $WOJAK, and $PURPE. This shows that fish has integrated into the current hot topics within the SOL ecosystem and has gained considerable market attention.

Summary

The launch of fish is an interesting case, demonstrating the crypto community’s emphasis on storytelling and narrative. The three-year silence and sudden return of the account, the initial market cap and rapid rise, and the high returns for traders—all these elements contribute to the market buzz around fish. However, it is important to note that meme coins are inherently high-risk assets, and market and trading activity can change rapidly. Investors should remain cautious.