Fresh Wallet Mints Kimchi Coin, Routes All Creator Fees to One Address

The structure matters more than the launch: a wallet minted hours before the token and captured most of the supply for a modest outlay, while creator fees now flow permanently to an address Pump.fun itself labels "Kimchi." That combination—concentrated early ownership plus an irrevocable fee stream—means the token's economics are settled at genesis, not negotiated in the market. Who controls that fee address and whether the concentration is disclosed or addressed are the open questions worth watching.