**[Today's Hot Topic: Kimchi Reaches $40 Million Market Cap Within an Hour After Joining Pumpfun]** Odaily Planet Daily News: Solana trader Kimchi (@kimchi1x) joined Pumpfun, and the Meme token named after him, Kimchi, experienced a rapid surge in a very short time. Social media records show that the token reached a market cap of $30 million approximately 10 minutes after launch, and within about an hour, it briefly surpassed $40 million. Pumpfun co-founder Alon has publicly confirmed the collaboration between the two parties and stated that Kimchi is actively involved in shaping the platform's creative direction. Alon also believes that Kimchi is blurring the lines between crypto trading and pop culture, creating a new narrative for social trading. On-chain analyst Aunt Ai reported that wallets associated with Kimchi have withdrawn approximately 1.35 billion PUMP tokens, valued at around $6.43 million, from trading platforms over the past three hours. It is said that Kimchi holds 75.32% of the total KIMCHI token supply, and his X account bio has been updated to @pumpfun. This holding ratio has quickly drawn market attention to the token's distribution and Kimchi's personal influence. One address purchased 9.91 million Kimchi tokens for 8 SOL (approximately $848) and later sold 4.88 million tokens for 1,045 SOL (approximately $111,000). The address still holds 5.03 million tokens, valued at approximately $171,000, with reported cumulative profits of around $282,000. Another on-chain record shows that the trader invested $849.29 when the market cap was only $85,700 and later added $160.20. The trader has since sold half of the tokens, realizing a profit of approximately $111,000, while the remaining holdings have an unrealized gain of about $162,000.