Pump.fun’s Kimchi coin routes every creator fee to one address

An anonymous deployer bought roughly 79% of the supply for about $9,300 and locked all future creator fees to a wallet labeled Kimchi A new Solana memecoin has hard-coded its entire creator fee stream to a single wallet, permanently. The token is $KIMCHI, launched on Pump.fun , and the address receiving those fees cannot be changed. Pump.fun’s own profile page labels that address “Kimchi.” That name belongs to a trader who had just been announced as a Pump.fun collaborator on creative direction. $KIMCHI went live on October 20, 2026, at approximately 23:00 UTC.