Pump.fun Stumbles: Revenue & Users Drop as Influencer Exits
Pump.fun lost 16% of daily revenue and 11% of active addresses within two days of influencer @kimchi1x removing the platform from his bio, despite apparently being paid ~$6.25M in $PUMP tokens for promotion.
What we know
On-chain analyst Lookonchain data, retweeted by TraderSZ, reveals that Pump.fun's daily revenue fell from $1.61M to $1.35M and active addresses dropped from 178,539 to 159,492 — all within two days of an account on X dropping Pump.fun from his bio. another account on X may have been compensated with 1.35 billion $PUMP tokens worth ~$6.25M. Meanwhile in the Goats feed, another account on X sardonically noted that the most effective path to fame in CT is weaponizing botnets and novel AI infrastructure for on-chain scams — a comment that resonates with the Pump.fun influencer-revenue dependency story.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.