The KIMCHI memecoin on Solana plummeted more than 95% after a promotional post linked to crypto trader Kimchi's X account was deleted, raising suspicions of fraudulent trading. The token briefly hit a $14 million market cap before crashing, with blockchain analysts noting early profitable trades but no confirmed fraud. Pump.fun co-founder Alon reposted then deleted the promotion, fueling controversy and calls for refunds from traders. Despite the sharp drop and accusations, no official proof of hacking or coordinated fraud has emerged, and Pump.fun's platform activity showed a modest decline unrelated to the incident.
The KIMCHI token crash is the story's subject, with Pluang's market snapshot providing context as of Oct 23, 2026 14:41 WIB: Among 50 major cryptocurrencies, 24 rose and 25 fell today. For example, SNX fell 3.21% to Rp3.860 with a typical hold time of 70 days and a balanced buy-sell order activity (48% Sell / 52% Buy), while UNI rose 2.65% to Rp131.109 with a shorter hold time of 65 days and stronger buy activity (34% Sell / 66% Buy). ENJ dropped 2.63% to Rp483, showing a much longer hold time of 105 days and predominantly sell orders (90% Sell / 10% Buy).
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Ipsos achieved 2.0% organic revenue growth in Q3 2026, up from 0.8% in H1, driven by strong performances in EMEA, China, and citizen-related activities. The company updated its 2026 organic growth target to 1.2%-1.5%, reflecting improved momentum and...
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Bitcoin fell to around $81,331 and Ether dropped below $2,400 on October 22, driven by heavy liquidations of leveraged long positions which accounted for 93.7% of the $221 million total liquidations. Bitcoin liquidations alone reached about $77 milli...
