Mrpunk.eth Calls $PIGEON and It Rips 145% — KuCoin Alpha Listing Buzz Sends This Pump.fun Grad to $7M
A 21-day-old Pump.fun graduate with 5,752 holders just caught a KOL endorsement from Mrpunk.eth and KuCoin Alpha listing momentum. $3.8M in daily volume says the pigeon has landed.
“LARP is at the top in terms of search trends $Maxxing 3M $Pigeon 550k $Larp 130k I'll check the price in a few days :)”
Six hours ago, Mrpunk.eth — a KOL known for early calls on tokens like $Maxxing (now at $3M mcap) — posted a tweet comparing search trends for three tokens: $Maxxing, $Pigeon, and $Larp. The data showed $PIGEON sitting at 550K in search interest, wedged between the established $Maxxing at 3M and the smaller $Larp at 130K. The implicit message was clear to anyone fluent in CT subtext: 'I'm watching this one.' Within hours, $PIGEON ripped 145%, pushed through $7M market cap, and generated $3.8M in daily volume.
This is a textbook KOL signal play — and one with better fundamentals than most. $PIGEON isn't a fresh launch chasing a news cycle. It's a 21-day-old Pump.fun graduate with 5,752 holders, a Moonshot verification badge, KuCoin Alpha listing buzz, and the kind of organic growth metrics that separate community tokens from quick-flip events. When Mrpunk.eth pointed at it, the pigeon was already flying. The KOL call just gave it jet fuel.
• 145% surge in 24h with $3.8M volume and 35,214 transactions — this is real activity, not bot churn
• 5,752 holders after 21 days — strong organic community growth for a Pump.fun graduate
• KuCoin Alpha listing buzz + Mrpunk.eth endorsement = dual catalyst
• Organic score: 88.4% (high) — one of the cleanest Jupiter Cooking signals we've tracked
Who Is Mrpunk.eth?
Mrpunk.eth (@mrpunkdoteth) is a mid-tier KOL in the Solana meme coin ecosystem, known for data-driven calls rather than hype-driven shilling. His style is understated — posting search trend comparisons and on-chain metrics rather than rocket emojis and 'LFG' threads. His previous call on $Maxxing, which has since reached $3M market cap, gave him credibility within the degen research community. The tweet about $PIGEON wasn't an explicit 'buy' call — it was a data observation with an implied thesis, which is often more powerful because it lets the audience draw their own conclusions.
The engagement metrics support this: 37 likes, 13 replies, and 7 reposts for a tweet from a mid-tier account suggests genuine interest rather than engagement farming. Mrpunk.eth's audience skews toward researchers and data-oriented traders rather than retail followers, making the signal higher-quality than a typical influencer pump.
What Is $PIGEON?
The token's on-chain name is 'level941' but it trades under the ticker $PIGEON — a disconnect that's common in Pump.fun graduates where the brand evolves after launch. The pigeon as a meme character has deep internet roots: messenger pigeons as symbols of communication, carrier pigeons as symbols of reliability, and 'pigeon' as slang for an easy mark (which adds a layer of ironic self-awareness that CT loves).
What sets $PIGEON apart from the hundreds of animal meme coins on Solana is its trajectory. Launched 21 days ago on Pump.fun, it graduated to Raydium, accumulated 5,752 holders organically, earned a Moonshot verification badge, and appeared on KuCoin's Alpha listing radar — all before the KOL catalyst. Most Pump.fun tokens die within 48 hours. $PIGEON has been building for three weeks, which in meme coin time is an eternity.
The Numbers
The volume-to-mcap ratio of 0.53x is remarkably healthy for a meme coin in pump mode. This is closer to what you'd see in an established DeFi token than a Pump.fun graduate. It means traders are taking positions without the manic churn that signals pump-and-dump dynamics. The 35,214 transactions in 24 hours — roughly 1,467 trades per hour — indicates broad retail participation across thousands of wallets.
The liquidity of $589K against $7M mcap gives a liquidity ratio of 8.4%, which is solid. More importantly, it provides enough depth for most retail-sized trades ($1K-$10K) to execute without significant slippage. The dev balance is 0%, meaning the original deployer holds no tokens — a critical safety metric that many Pump.fun tokens fail.
The organic score of 88.4% (rated 'high' by Jupiter's analysis) is one of the strongest we've seen in recent scans. This metric measures the ratio of genuine wallet activity to suspected bot or wash trading. An 88.4% organic score means the vast majority of transactions are from real users making real trading decisions — not manufactured volume.
The KuCoin Alpha Factor
Perplexity's analysis flagged KuCoin Alpha listing buzz as a secondary catalyst for $PIGEON's surge. KuCoin Alpha is the exchange's discovery platform for emerging tokens — a stepping stone toward full KuCoin listing. For a Pump.fun graduate, appearing on KuCoin Alpha's radar represents a significant milestone in the journey from degen launch to legitimate exchange presence. It also opens the token to KuCoin's user base of tens of millions of traders who don't interact with Solana DEXes directly.
Whether a full KuCoin listing materializes remains speculative, but the presence on the Alpha platform creates a narrative floor: even if the KOL hype fades, the exchange-listing thesis gives long-term holders a reason to stay. This is the kind of dual-catalyst setup — KOL momentum plus exchange discovery — that separates sustained pumps from one-day wonders.
Red Flags Check
Buy ratio at 48.4%. This is the one metric that demands attention. A sub-50% buy ratio during a +145% pump means sellers are slightly outpacing buyers in the most recent hour. This could mean early holders are distributing into the KOL-driven volume — a classic pattern where the KOL call provides exit liquidity for insiders.
Top holders at 22.6%. The top wallets control about a quarter of the supply. Not catastrophic, but concentrated enough that coordinated selling from a few large holders could trigger a cascading dump. Monitor the on-chain flows from these wallets closely.
The name confusion. The on-chain name 'level941' vs. the trading name 'PIGEON' creates confusion for new buyers trying to verify the token. This brand inconsistency could slow organic discovery through search and social media.
Verdict
🟡 Speculative — $PIGEON is the strongest KOL-signal play we've tracked this week. The fundamentals are unusually solid for a meme coin: 21-day track record, 5,752 organic holders, 88.4% organic score, zero dev balance, and $589K liquidity. The dual catalyst of Mrpunk.eth's endorsement plus KuCoin Alpha listing buzz creates a narrative with multiple legs. The bear case is the sub-50% buy ratio (distribution may be happening behind the KOL hype) and the top-holder concentration at 22.6%. This is a quality speculative play with better risk metrics than 95% of what Pump.fun produces — but it's still a meme coin on Solana, and gravity always applies.
FAQ
Who called $PIGEON?
Mrpunk.eth (@mrpunkdoteth), a mid-tier Solana KOL known for data-driven calls. He posted a search trend comparison showing $PIGEON at 550K interest, between $Maxxing (3M) and $Larp (130K). His previous $Maxxing call reached $3M mcap.
What is KuCoin Alpha?
KuCoin Alpha is KuCoin's discovery platform for emerging tokens. Appearing on KuCoin Alpha is a stepping stone toward full exchange listing and exposes the token to KuCoin's large user base.
Why is the on-chain name different from the ticker?
The token was deployed on Pump.fun as 'level941' but the community adopted the ticker $PIGEON. This kind of brand evolution is common in Pump.fun graduates where the community shapes the identity post-launch.
Is the dev still holding tokens?
No. The dev balance is 0%, meaning the original deployer has no remaining token holdings. This is a positive safety indicator, though it doesn't eliminate all risks.