- Gainzy accidentally sold his Pump Fun token, wiping out its market cap by 99% before it partially rebounded.
- The streamer claims it was a “fat-finger event,” though some doubt his story, including crypto security firm Arkham.
- He’s now working with Pump Fun to fix the situation, but refuses to announce a buy-back plan to avoid front-runners.
Crypto streamer Gainzy just lived through every memecoin dev’s worst nightmare—he rugged himself. The mishap happened when he claims his finger slipped while fiddling with his phone, hitting “sell” on his Pump Fun token gnzystrm. The result? A brutal 99% market cap wipeout, from $4.6 million down to just $12,000 in seconds, before bouncing back to around $2.2 million.
On the bright side, the slip-up did net him $168,000, though it came at the cost of nuking his own project. Seconds later, he jumped on X to post a single word: “FUCK.”
The Fat-Finger Sell
Gainzy admitted on stream that the disaster wasn’t a hack or sabotage—it was simply “an accidental click on the app.” He described the moment in painful detail, saying:
“I watched in real time as the chart nuked fully cognizant my finger slipped and now I’m waiting to hear how much $ this shit is gonna cost me to fix.”
The crypto community knows this type of blunder as a “fat-finger event,” when someone hits the wrong button and unintentionally triggers a massive sell-off. While Gainzy insists it was a genuine mistake, not everyone’s convinced. Arkham, a crypto security firm, voiced doubts over whether the story checks out.
Working on a Fix With Pump Fun
After the meltdown, Gainzy said he’s now working with Pump Fun CEO Alon Cohen and the team to “make things right.” He also told viewers he wouldn’t announce any public buy-back attempt, worried it might get front-run by opportunistic traders.
In his emergency stream, he joked about not cutting off his finger as reparation, adding that he’ll share updates once a proper fix is figured out. For now, gnzystrm holders are left waiting to see how far the token can recover.
