Bagwork

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Bagwork
Image: no public image; placeholder illustration, memecoin.wiki
role	pump.fun streamers
known for	BAGWORK token, Drake and Future leaks, Bradley Martyn incident, stadium stunt

Bagwork is a duo of pump.fun streamers whose viral stunts, including leaked rap songs and a Bradley Martyn confrontation, made them the defining creators of 2025 livestream speculation.

Contents

1 Rise
2 Token and economics
3 Significance
4 References

Bagwork is the shared identity of two young American content creators, identified in Decrypt's reporting as Chris and Mike and believed to be around 19 years old, who became the emblematic homegrown stars of pump.fun livestreaming in 2025. Unlike creators recruited from other platforms, the pair built their audience natively in the trenches, tying a Solana token, BAGWORK, directly to an escalating series of real world stunts.

Rise

The duo's format blended music, performance, and open speculation, with the token's chart functioning as a live scoreboard for their content. Their breakthrough moments were physical: one of the pair ran onto the field during a Los Angeles Dodgers game, and the other was slapped by the fitness influencer Bradley Martyn after trying to take his hat, an incident that 99Bitcoins reported sent the token toward a 36 million dollar market capitalization and that Decrypt reported earned about 49,000 dollars in creator fees. In late 2025 they played what they claimed were unreleased tracks by Drake and Future on stream; coverage by Yahoo Finance and PANews reported the leak spree earned them more than 80,000 dollars in creator fees over two days and helped spike the token roughly 2,965 percent to its peak.

Token and economics

BAGWORK reached an all time high market capitalization of about 53.8 million dollars and generated on the order of 300,000 dollars in total creator rewards under pump.fun's revenue sharing model, according to Decrypt's December 2025 accounting. By the end of 2025 the token had fallen about 96 percent from that peak to under 2 million dollars, tracking the broader decay of the streamer meta. One of the pair acknowledged the incentive problem directly, telling Decrypt there was definitely a little bit of an issue with creators needing crazier content to pump their tokens.

Significance

Bagwork is the cleanest case study of creator capital markets, the 2025 arrangement in which a streamer's attention was priced in real time by a token. Their trajectory demonstrated both sides of the model: stunts converted instantly into fees and market capitalization, and the same feedback loop demanded continuous escalation, from pranks to trespassing to leaking copyrighted music. Within trench culture, doing it for the bag work became shorthand for stunt driven token promotion, and the duo's arc is cited alongside the quant kid incident in debates over what pump.fun livestreaming incentivizes.

References

Category: People