A Wallet Three Hours Old Minted Kimchi’s Coin and Routed Every Fee to One Address

A wallet created just three hours before launch minted the Kimchi coin, bought 79% of the supply for roughly $9,300, and set a single address as the permanent, unchangeable recipient of every creator fee the coin will ever pay. Pump.fun's own profile page labels that address "Kimchi." The setup concentrates supply and fee revenue in one hand, a structure traders typically read as a red flag for exit risk and manipulation.