The short version
- Kimchi Pump.fun ties look back on: Kimchi’s X bio reads “@pumpfun” again after the tag was removed on October 22, and bots that tracked the bio bought within a minute, sending the KIMCHI coin up 162% in the hour from 20:00 UTC on October 25.
- The spike faded to a $9.2 million market cap, 41% below the $15.4 million high, while Kimchi’s wallet still holds 75% of the supply and hasn’t sold, in a pool with only $339,000 of liquidity.
- The crew is watching $9.85 million, where every bounce has stalled, and the $8.5 million overnight low, plus any word from Kimchi or Pump.fun on whether the deal is really back.
The Kimchi Pump.fun partnership looks like it’s back on. The trader’s X bio, which lost its Pump.fun tag on October 22, reads just “@pumpfun” again since Sunday evening. Traders were watching for exactly that, and within an hour the KIMCHI memecoin went from a $5.9 million market cap to $15.4 million.
It didn’t hold. KIMCHI sits at $9.2 million at the time of writing, up 66% in 24 hours but 41% below Sunday’s high and 81% below its $47.7 million peak on October 21. So is this a comeback, or one more spike to sell into?
The bio went quiet after a messy Thursday for Kimchi’s account, which Lookonchain traced on-chain:
What Happened to the Kimchi Pump.fun Deal?
Nobody has said for sure. Kimchi hasn’t posted since the October 20 launch vlog, and neither Kimchi nor Pump.fun has explained the change. What we can see is the order of events.
Pump.fun co-founder Alon Cohen announced Kimchi as a creative partner on October 20. A few hours later, Lookonchain spotted Kimchi’s wallet pulling 1.35 billion PUMP, worth $6.43 million then, out of Binance and OKX. Many traders read that as Kimchi’s fee for the deal. Neither side has confirmed it.
On October 22, Kimchi’s account posted a QR code for a second token, “Project Kimchi”, and Alon reposted it. The repost came down, the post was deleted, and that token fell more than 95% after a run to $14 million. Lookonchain found wallets that made over $385,000 on it. Some traders called it a hack, but neither Kimchi nor Pump.fun has said so. The Pump.fun line vanished from the bio the same day.
That backdrop is why the Kimchi bio matters. For four days the main KIMCHI coin traded as if the partnership was over.
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How Big Was the Kimchi Coin Spike?
The biggest move since launch week. In the hour from 20:00 UTC on October 25, KIMCHI opened at $5.88 million, hit $15.41 million and closed at $11.82 million, GeckoTerminal’s hourly data for the main PumpSwap pool shows. That is a 162% move from open to high, and a close 101% higher.
That one hour traded $1.82 million. All of October 24 traded $869,000. It was KIMCHI’s busiest hour since the night of October 22, and October 25 as a whole did $3.2 million, almost four times the day before.
The bio edit set it off. Trader fabiano.sol found a wallet that bought KIMCHI at a $6.10 million market cap one minute after Kimchi put Pump.fun back in the bio, and paid $305 in priority fees to get in first:
And this is what I mean…
This guy bought $KIMCHI 1 minute after Kimchi added pump fun back to his bio
He likely had an automation tool built for that
(he also paid $300 in priority fees)
That looks like a bot, not a fan. Someone likely had a tool watching Kimchi’s profile and firing a buy the moment “@pumpfun” came back, and the rest of the market piled in behind it. Kimchi didn’t post anything, so the bio was the whole signal.
Has Kimchi Sold the KIMCHI Coin?
No. Kimchi’s wallet, Gs5FHw…GYeX, still holds 750,062,272 KIMCHI, or 75% of the supply, on-chain records show at 05:40 UTC on October 26. It hasn’t sold a token since launch.
That stack was worth about $4.6 million on Saturday, when we last checked in Kimchi Coin Price Is Down 87% From Its Peak, and Kimchi Still Hasn’t Sold. At Sunday’s high it touched $11.6 million. At today’s price it’s about $6.9 million, still all on screen.
The rest of the picture barely moved. The top 10 wallets hold 80.9% of KIMCHI, the holder count rose only about 400 to 22,856, and the pool holds $339,000 of liquidity. A $9 million coin with a pool that thin swings hard on a few hundred thousand dollars of buying, and on Sunday the fastest bots got that buying in first. The full first act is in Pump.fun’s Kimchi Coin Is Down 75% From Its Peak: Who Made Money?
DISCOVER: Bitcoin vs Altcoins vs Stablecoins vs Memecoins: What You’re Actually Buying
Kimchi Coin Price Analysis: Can KIMCHI Hold $8.5 Million?
So far, yes. KIMCHI has bounced off $8.5 million twice overnight, but every push since the spike has stalled at about $9.85 million, the old floor that broke on October 23. That level is now the line between a real recovery and a fading pump.
- In the bull case, an hourly close above $9.85 million opens a path back to $11.8 million, where Sunday’s spike candle closed.
- In the base case, KIMCHI chops between $8.5 million and $9.85 million while Sunday’s buyers decide whether to hold.
- In the bear case, losing $8.5 million gives back most of the move, with the pre-spike base near $5.8 million as the next support.
EXPLORE: How to Read a Candlestick Chart: Bodies, Wicks and the Patterns Worth Knowing
A bio is the cheapest signal there is, and one edit moved this coin $9.5 million in an hour. The chart can only tell you who is buying. Whether the Kimchi Pump.fun deal is actually back is a question only they can answer, and so far they haven’t.
On the climb since 2017. Trades futures and reads onchain data. Automates the boring parts.
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