Memecoins now resemble a stage: those with VIP seats enter first, while the crowd rushes in later, FOMO-driven, buying tickets. Kimchi reached nearly $40 million in market cap within an hour. On-chain data shows 75% of the supply moved into a single wallet just as Pump partnered with Kimchi. There’s no evidence yet that this wallet belongs to Kimchi or that insider trading occurred. But in a scenario like this, who wouldn’t hesitate to join after the fact?
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