Kimchi Token’s Market Cap Plunges Over 98% to $284K After Pumpfun Co-Founder Removes Repost

Rickler Feed (@rickler_feed), Oct 24, 2026, 10:28 UTC

Kimchi Token’s Market Cap Plunges Over 98% to $284K After Pumpfun Co-Founder Removes Repost Crypto trader Kimchi posted a promotional image this morning with a QR code linking to a new memecoin, Project Kimchi. After Pumpfun co-founder Alon reposted it, the token’s market cap briefly reached approximately $15M. Alon subsequently removed his repost, while Kimchi deleted the original post and removed “pumpfun” from his bio. The token’s price then fell sharply. Alon had previously described Kimchi as the first trader to truly bridge crypto and pop culture. Neither has publicly explained the del…

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