Pump.fun’s Kimchi coin sends all creator fees to a single wallet, raising manipulation concerns

A token called Kimchi coin on Pump.fun sends all creator fees to a single address, according to Crypto Briefing. The same wallet also holds a concentrated share of the token supply, which the outlet says raises market manipulation and centralization concerns. Traders should treat the token's fee flow and supply distribution as red flags when assessing liquidity and exit risk.