๐จ ONE DELETED POST. 98% CRASH. $15M MEMECOIN COLLAPSES!
On October 22, Project Kimchi exploded on Solana after a promotional post was shared by Pump.fun co-founder Alon Cohen.
๐ด $KIMCHI surged to a $14โ15 MILLION market cap.
๐ด The original post disappeared about 30 minutes later.
๐ด Alon removed his repost.
๐ด Market cap collapsed over 98%, reaching roughly $284K!
๐ THE TWIST?
Lookonchain identified wallets that reportedly made over $385,000 buying early and selling into the rally.
The token launched on $SOL , but Solana itself was not compromised.
โ ๏ธ Allegations of insider trading and account hacking remain unproven. The $15M peak was market capitalization, NOT confirmed investor losses.
WAS THIS A PROMOTION GONE WRONG โ OR SOMETHING WORSE?
#Memecoin #Solana #CryptoCrash #PumpFun
On October 22, Project Kimchi exploded on Solana after a promotional post was shared by Pump.fun co-founder Alon Cohen.
๐ด $KIMCHI surged to a $14โ15 MILLION market cap.
๐ด The original post disappeared about 30 minutes later.
๐ด Alon removed his repost.
๐ด Market cap collapsed over 98%, reaching roughly $284K!
๐ THE TWIST?
Lookonchain identified wallets that reportedly made over $385,000 buying early and selling into the rally.
The token launched on $SOL , but Solana itself was not compromised.
โ ๏ธ Allegations of insider trading and account hacking remain unproven. The $15M peak was market capitalization, NOT confirmed investor losses.
WAS THIS A PROMOTION GONE WRONG โ OR SOMETHING WORSE?
#Memecoin #Solana #CryptoCrash #PumpFun
