$ELON: how it died
Elon Musk · Solana memecoin · checked 2026-11-03 02:49 UTC
$ELON lost 99.1% of its value from a high of $208.3K.
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 minuteThe coin was created. ↗
- In the first minuteThe creator bought their own coin. $9.08 total · now holds ~0.4% of supply. ↗
- 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 minuteA big buyer came in with $1.1K. ↗
- In the first minuteA big buyer came in with $1.6K. ↗
- In the first minuteA big buyer came in with $3.5K. ↗
- 28 min in17 wallets sold in the same second (about $45). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 4 times.
- 34 min inA big buyer sold everything, and came out $3.2K ahead. ↗
- 34 min inIt was down 50% from its high: $208.3K to $102.9K market cap. ↗
- 34 min inIt was down 90% from its high: $208.3K to $20.8K market cap. ↗
- 37 min in512 wallets sold in the same second (about $579). People don't line up that exactly by chance, so it's usually bots or one operator.
Did GORZ see it coming?
☠ Risky · 37/100Yes. A few minutes after launch, GORZ rated it Risky.
The warning signs
Bundled supply: 79.0% 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: 17 wallets sold within the same secondMany wallets selling in the same second usually means bots or one operator, not separate people.
Volume bot: 5 times a wallet bought and sold this coin in the same block for the same money (fake volume, like Proxima's Volume Bot)Wallets traded back and forth to make the coin look busier than it was.
Team bundle: The creator's own team bought 79.0% of supply at launch with 6 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: 3Whoj3pFtWkYgwRhJVCiUKdnZaK4ZGrEHx2VfuB8pump
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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