Kimchi Readds Pump.fun to Bio as KIMCHI Jumps 150%
Trader Kimchi has added Pump.fun back to their social media bio, three days after removing it. The move coincided with a sharp rally in the KIMCHI token, which briefly surged more than 150%. Hours before the bio change, trader ja2trader reportedly spent $28,900 to buy 4.61 million KIMCHI tokens and was later showing an unrealized profit of about $11,000.
Pump.fun co-founder Alon announced a collaboration with Kimchi on 21 October, describing the trader as a figure bridging crypto and popular culture. Kimchi removed Pump.fun from their bio two days later. During the two-day period, Pump.fun revenue reportedly fell 16% and active addresses declined 11%. Kimchi may also have received 1.35 billion PUMP tokens, worth about $6.25 million, as a marketing fee. The KIMCHI price move appears tied to social-media attention and is not evidence of a broader crypto-market trend.
Neutral
The news is neutral for the wider crypto market. Kimchi’s decision to restore Pump.fun to their bio appears to have driven attention and a sharp, short-term move in KIMCHI, but it does not change broad market fundamentals or indicate a shift in risk appetite across major assets. The reported purchase and unrealized profit may attract momentum traders, while the potential marketing allocation of 1.35 billion PUMP tokens could raise questions about token supply and selling pressure. Short term, KIMCHI may remain volatile as traders react to social-media activity and take profits after the rapid rise. Similar influencer-led meme-token rallies have often faded when attention moves on. Longer term, the episode is more relevant to perceptions of Pump.fun’s promotional strategy and user engagement than to the overall crypto market; the reported revenue and active-address declines are worth monitoring, but two days of data do not establish a lasting trend.