Pump.fun callouts and the $MIHAO memecoin rally
A coin called $MIHAO has rallied after an influential trader's backing, fueling a fight over bundling and a push for 'bagworking' campaigns, while Pump.fun's paid callouts draw both praise and criticism.
What we know
Traders say $MIHAO is reviving cult-style memecoin culture, while others dispute that it was bundled. A campaign platform proposes paying creators with 1% of supply. One user claims Pump.fun-paid callouts spike then fall 48% within an hour (unverified), while others say quality has improved.
What people are posting
Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.
“$MIHAO is bringing back cults.”
View post →“1% of supply on shillz = a $235k campaign”
View post →“surprisngly a lot of substance”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.