kimchipump

Another scam?😅😅Pump.fun and Kimchi blew up in under 48 hours

Just two days ago, Pump.fun co-founder Alon was hyping Kimchi as the first trader to truly cross over from crypto into pop culture. The idea was that crypto-rich celebrities like him would pull in retail investors from outside the space.

Today it all fell apart. Kimchi posted a promo image with a QR code that led to a new memecoin. Alon reposted it himself, and the coin's market cap quickly shot past $10M, peaking at around $15M.

Then Kimchi deleted the post and Alon undid his repost. The price crashed about 98%, and at one point the market cap was down to just a few hundred thousand dollars.

On top of that, Kimchi removed Pump.fun from his X bio, and their earlier interactions have been scrubbed too...#kimchi #KimchiPump

$ALT KIMCHI PUMP IS A TRAP — SHORT NOW 🔥

These kimchi pumps are textbook exit liquidity. Historically, a single impulsive push on Korean exchanges gets reversed within hours. I have already entered shorts at current levels.

The pattern is clear — smart money is distributing into the FOMO. The R:R here favors sellers significantly. Are you jumping on the pump or waiting for the flush?

Not financial advice. Always manage your risk.

#ALT #ShortSetup #KimchiPump #Liquidation #Crypto

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