1 min read
Add as a preferred source on Google

kimchi Removes Pump.fun Reference After a Two-Day Promotion

Revenue fell 16% and active addresses declined 11% over roughly the same period. Separately, a wallet associated with kimchi received 1.35 billion PUMP worth about $6.25 million.

A phone displays a blank profile link beside a detached chain / TokenPost.ai
A phone displays a blank profile link beside a detached chain / TokenPost.ai

After promoting pump.fun for two days, crypto account kimchi removed its profile reference as the platform’s revenue and active-address figures both moved lower during roughly the same period.

The account’s profile no longer included the “@Pumpfun” text. The change came after two days of promotion for pump.fun.

Over roughly the same two-day period, pump.fun revenue declined from $1.61 million to $1.35 million, a 16% drop. Active addresses fell from 178,539 to 159,492, down 11%. These concurrent changes do not establish that the promotion caused either decline.

Separately, a wallet associated with kimchi recently received 1.35 billion PUMP tokens valued at about $6.25 million. A prior 1.35 billion PUMP withdrawal associated with kimchi involved the same token amount.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…