Kimchi's Red Carpet Got Pulled (And the "Creative Partner" Deleted the Tweet) 🧨🍜
Yesterday I told you about Kimchi, the trader-turned-token. Today, it's a full-blown disaster : a clone dumped -98%, Kimchi deleted his post, and Pump.fun pulled its retweet within the hour.
Here's the autopsy of the meltdown :
🔹 A second "Kimchi" token was launched via a QR code — On October 23, Kimchi posted an image with a QR code pointing to a new token.
$PUMP .fun co-founder Alon retweeted it. The token briefly hit $10M market cap** before collapsing to **$190,000 .
🔹 The deletion sequence is chilling — Alon undid his retweet. Kimchi deleted the post and removed all Pump.fun mentions from his bio. Within an hour, the token was dead .
🔹 The original token followed — The first Kimchi dropped 49% in 24 hours, with market cap falling to $12.71M . Confidence in the "human meme meta" just took a fatal hit.
🔹 Pump.fun had signed Kimchi as a "creative partner" — Alon's post called him "the first person to truly bridge crypto and pop culture." The partnership lasted two days .
The takeaway ? The "human meme" meta wasn't innovation. It was an exit liquidity event with a smiling face. When the face smiles, the token pumps, then the face deletes the tweet — you're the liquidity.
Pro tip : If the launchpad founder deletes his own retweet, it's not an accident. It's an evacuation. Watch the deletions, not the charts
#memecoin #KimchiPremium i
#pumpfun #Rugpull #BinanceSquare