Kimchi token retreats from reported $12 million market-cap spike

A Kimchi memecoin’s market capitalization rose from about $6 million to $12 million before retreating to $9.23 million, according to GMGN data cited by BlockBeats on October 26.

X bio mention returns

The report said influencer kimchi restored “@pumpfun” to his X biography that morning. It put the token’s trading volume over the preceding 24 hours at $4.1 million.

BlockBeats reported the profile change alongside the market move. Their timing alone does not establish what drove trading, and a bio mention does not confirm the terms of any commercial agreement.

Source: BlockBeats, 2026-10-26 03:52:49 UTC.