Trader Kimchi Removes Pump.fun From Bio After Token Payout

Crypto Trader Kimchi Modifies Social Profile

A swift update on social media caught the attention of the crypto community this week.

According to on-chain analytics platform Lookonchain, crypto trader kimchi removed Pump.fun from his social media bio.

This removal occurred just two days after he began actively promoting the popular memecoin launchpad.

Details of the Alleged $6.25 Million Payment

Lookonchain shared data indicating that kimchi received a substantial payout during those two days.

The trader reportedly received 1.35 billion PUMP tokens.

At the time of the transfer, these tokens were worth approximately $6.25 million.

Reports suggest this payment was made as compensation for marketing and promotional work.

Pump.fun Revenue Softens Over Two Days

Alongside the social media change, key metrics for Pump.fun showed a temporary slowdown.

Daily revenue for the platform fell 16%, dropping from $1.61 million over the same two-day window.

Digital asset markets and platform revenues remain subject to short-term volatility.

Past performance of digital assets or operational results is not indicative of future performance.

The Role of Influencers on Launchpads

Memecoin launchpads often partner with prominent creators to drive user engagement.

Social endorsements can boost platform activity quickly, but trends can shift just as fast.

Traders are encouraged to focus on core platform metrics rather than short-term social media changes.

Summary of Key Points

• Trader kimchi removed Pump.fun from his bio two days after starting promotions.
• Lookonchain reported a payout of 1.35 billion PUMP tokens worth $6.25 million.
• Pump.fun daily revenue dropped 16% from $1.61 million during the same timeframe.
• Market participants should keep token price volatility in mind when analyzing promotions.