$RCNDO: how it died

RACCNADO · Solana memecoin · checked 2026-11-09 18:38 UTC

Barely traded

$RCNDO lost 98% of its value from a high of $4.5K.

Only $202 of buying was recorded, too little to say who did what.

$22lost by 3 wallets

$21made by 3 wallets

100%of that profit went to the top 3

Next time: A market cap on a barely traded coin means little. A small buy can move it a long way. Learn more

The rise and fall

$2.4Kearly on$4.5Khigh, in the first minute$697 min in

Market cap = the coin's price × all its coins. It's what the coin looks worth, not money anyone can actually take out.

Who made the money

Winners came out $21 ahead in total. Here's who that was.

First-second buyersBought in the first moments, before most people could see the coin$1677% · 1 wallet

Wallets with free coinsSold coins GORZ never saw them buy, so the coins were probably sent to them$315% · 1 wallet

Everyone elseRegular buyers and sellers$28% · 1 wallet

How the biggest winners sold

None of the biggest winners sold at the same moment as another. Each sold on their own timing.

#1 First-second buyer +$16

#2 Sold without buying +$3

#3 Trader +$2

0m2m4m6m

How to read it: each line is one of the biggest winners, from the coin's first trade on the left. Each dot is one sale, and a bigger dot is more money. Dots at different times look like separate people deciding on their own. A red line marks 2 or more of them selling within the same 10 seconds. Most dead coins have a moment like that, often when the price starts to slide and trading bots sell at once. It stands out more when the same wallets keep lining up, sale after sale. GORZ can see the timing, not who owns the wallets.

Each of the 3 biggest winners sold in one go, not a bit at a time. Selling everything at once hits the price hard.

BwWK…de6sFirst-second buyer+$16put in $157, took out $173

Sold in 3 portions over 3 min, the biggest $145

H2FF…PYPESold without buying+$3put in $0, took out $3

Sold in one go

DoXK…SAEXTrader+$2put in $7, took out $9

Sold in 2 portions over 7 min, the biggest $9

Counted from the trades GORZ captured. One person can run many wallets, so a group's real share can be bigger than it looks. A pattern in public on-chain data, not a claim about who owns any wallet.

What happened, step by step

Recorded as it happened. ↗ opens the transaction on the blockchain.

In the first minuteThe coin was created. ↗
In the first minuteNobody rushed in during the first seconds.
In the first minuteThe creator bought their own coin. $15 total · now holds ~2.6% of supply. ↗
1 min inNew high: 2.5 times its price just after launch. ↗
1 min inIt was down 50% from its high: $509 to $211 market cap. ↗
1 min inIt left its starting curve and moved to a public trading pool. Many buyers treat this as a good sign, so it often brings a rush of new money.

Did GORZ see it coming?

☠ Risky · 75/100

Yes. A few minutes after launch, GORZ rated it Risky.

The warning signs

Repeat launcher: OP-6A97E7: the same team (creator and bundle wallets) launched 5 coinsThe same people look to be behind other coins, and most of those died.

Liquidity: Only $2,093 in the pool

Trading pattern: Fake activity: 184 trades but only $404 traded in 5 min (about $2.20 a trade). Bots are making tiny trades so the coin looks busy and has more holdersThe activity looked fake: lots of tiny trades and very little real money.

Activity: 184 trades in 5 min, but mostly tiny ones

Have they done this before?

The creator wallet: GORZ has results for 6 other coins from this wallet. 4 of them died within an hour.
The team: GORZ links this launch to OP-6A97E7. Its case file lists their other coins.

A pattern in public on-chain data, not a claim about who owns these wallets.

What these words mean

Creator: The wallet that made the coin. You'll often see it called the "dev".
Sniper or first-second buyer: A wallet, usually a bot, that buys in the first moments of a launch.
Bundled launch: Several wallets buying in the same instant the coin is created. It takes planning, so it's often the people behind the coin.
Market cap: The coin's price × all its coins. A $50K market cap doesn't mean $50K can be taken out.
Graduated: The coin sold enough on its starting curve to move to a public trading pool.
Lost and made: Money in compared with money out for each wallet. Coins still held count as worth nothing, because the coin is dead.
Died: Within an hour of GORZ's check, it fell 80% or more, or trading stopped while it was worth almost nothing.

How players called it

Nobody called this one. New coins show up in Rug or Rocket every few minutes.

📈 Live chart & safety ☠ Call new coins 🕹 Arcade

Contract: 2pxaFmEKccDfMCEEgg6tgGpCV8whjS14Xn4GqUfGpump

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