$vagene: how it died
Bobs and Vagene · Solana memecoin · checked 2026-11-03 02:07 UTC
$vagene lost 90% of its value from a high of $29.0K.
The profit was spread out. The 3 biggest winners made only 15% of it, and no group stands out. This looks more like interest fading and people rushing to sell than one big seller.
The biggest winner sold in 2 portions over 7 min, about $178 each.
The rise and fall
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 $8.4K ahead in total. Here's who that was.
How the biggest winners sold
2 of the 5 biggest winners sold a bit at a time. That keeps the price from dropping all at once, so new buyers keep coming in while it happens. Selling everything in one go hits the price harder.
Sold in 2 portions over 7 min, about $178 each
Sold in one go
Sold in 4 portions over 2 min, the biggest $565
Sold in one go
Sold in one go
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 minuteThe creator bought their own coin. $1.0K total · now holds ~29.5% of supply. ↗
- In the first minute6 wallets bought in the first seconds and got about 15.7% of all the coins. 4 of them bought in the same instant the coin was created, which takes planning.
- In the first minute8 wallets sold in the same second (about $1,924). People don't line up that exactly by chance, so it's usually bots or one operator.
- 2 min inNew high: 2.0 times its price just after launch. ↗
- 2 min in14 wallets sold in the same second (about $302). People don't line up that exactly by chance, so it's usually bots or one operator.
- 5 min inIt was down 50% from its high: $29.0K to $14.1K market cap. ↗
- 6 min in29 wallets sold in the same second (about $973). People don't line up that exactly by chance, so it's usually bots or one operator.
- 8 min inThe creator bought their own coin. $1.1K total · now holds ~0.2% of supply. ↗
- 8 min in34 wallets sold in the same second (about $118). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 2 times.
- 11 min inThe creator bought their own coin. $1.1K total · now holds ~0.4% of supply. ↗
- 12 min in6 wallets sold in the same second (about $355). People don't line up that exactly by chance, so it's usually bots or one operator.
- 20 min inIt was down 90% from its high: $29.0K to $2.9K market cap. ↗
Did GORZ see it coming?
⚠️ Caution · 0/100Partly. A few minutes after launch, GORZ rated it Caution: some warning signs, but not its worst rating.
The warning signs
Have they done this before?
- The creator wallet: GORZ has results for 6 other coins from this wallet. 1 of them died within an hour.
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.
Contract: 3DZTsgHqi2Tv48AqefCmw4WZtoroerAWzhsZzmtRpump
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GORZ grades are automatic checks of on-chain data at one moment. They can be wrong, and nothing here is financial advice. All coin checks · How to spot a rug · Safety guides · Arcade · Rug or Rocket · Paper trading