$ELON: how it died
Elon Musk · Solana memecoin · checked 2026-11-07 00:41 UTC
$ELON lost 99.1% of its value from a high of $194.0K.
GORZ only keeps every trade for 2 days, and this coin died too long ago for a full money trail, so this report only has the key moments.
What happened, step by step
Recorded as it happened. ↗ opens the transaction on the blockchain.
- In the first minuteIt 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.
- In the first minute3 wallets bought in the first seconds and got about 39.3% of all the coins. All of them bought in the same instant the coin was created, which takes planning.
- 9 min inA big buyer sold everything, and came out $4.0K ahead. ↗
- 20 min inIt was down 90% from its high: $194.0K to $19.4K market cap. ↗
Did GORZ see it coming?
☠ Risky · 29/100Yes. A few minutes after launch, GORZ rated it Risky.
The warning signs
Launch kit: Launched with the same tool as 228 other coins; 84% of those dumpedIt was launched with a tool also used on other coins, and that record counts against it.
Bundled supply: 39.3% bought in the creation slotA big share was bought the moment the coin went live, before anyone else had a chance. Those buyers can sell into everyone who comes later.
Wallet swarm: 6 wallets sold within the same secondMany wallets selling in the same second usually means bots or one operator, not separate people.
Team bundle: The creator's own team bought 24.2% of supply at launch with 2 wallets (outside snipers not counted)
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.
Contract: 2siCH2nVcKWaf6nVAJEW1X7dtieWvtjYtWUkmqSBpump
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