$KIMCHI just got absolutely nuked — down 99% after co-founder Alon Cohen deleted his repost.
Here's what went down:
Yesterday, Kimchi account got 500M $KIMCHI airdrop and shilled it. Cohen reposted, token pumped to $14M market cap. Hours later? Both posts vanished.
The damage:
Market cap collapsed from $14M → $94K
Liquidity drained to $28K
99.36% drawdown from ATH
Multiple wallets are now flagged for buying low and dumping $385K+ in profits. Classic coordinated exit.
Suspect wallets:
4RZDCgCGyifMvciAy3gjNbbyxNjoYp3nHe6meWUymxL4
98xo3EMWR1Xc4aWUHmn8DD4onMqeDuopRiT2hWeMeiFH
5qVRRiL5HmUXFupQBk2QQ34fhf2boPwhQvZk8yMiwg9M
Lesson: A viral repost pumps price. Real liquidity decides who walks away alive. Hype brings buyers. Exit liquidity decides survivors.
Don't ape into low-float memecoins just because a big account cosigns. Check liquidity, check wallet clusters, check if the team is actually holding or farming exit liquidity off you.
Here's what went down:
Yesterday, Kimchi account got 500M $KIMCHI airdrop and shilled it. Cohen reposted, token pumped to $14M market cap. Hours later? Both posts vanished.
The damage:
Market cap collapsed from $14M → $94K
Liquidity drained to $28K
99.36% drawdown from ATH
Multiple wallets are now flagged for buying low and dumping $385K+ in profits. Classic coordinated exit.
Suspect wallets:
4RZDCgCGyifMvciAy3gjNbbyxNjoYp3nHe6meWUymxL4
98xo3EMWR1Xc4aWUHmn8DD4onMqeDuopRiT2hWeMeiFH
5qVRRiL5HmUXFupQBk2QQ34fhf2boPwhQvZk8yMiwg9M
Lesson: A viral repost pumps price. Real liquidity decides who walks away alive. Hype brings buyers. Exit liquidity decides survivors.
Don't ape into low-float memecoins just because a big account cosigns. Check liquidity, check wallet clusters, check if the team is actually holding or farming exit liquidity off you.
