GORZLive Solana memecoin radar

$MAGGIE: how it died

Gargantuan Cat · Solana memecoin · checked 2026-11-08 14:23 UTC

First-second buyers cashed out

$MAGGIE lost 99% of its value from a high of $140.4K.

2 wallets that bought in the first moments made $2.9K, 36% of all the profit. They got in before nearly anyone else, then sold to the people who came later.

The biggest winner sold in 10 portions over 10 min, the biggest $4.7K.

$8.0Klost by 258 wallets
$8.1Kmade by 1,461 wallets
39%of that profit went to the top 3

The rise and fall

$129.5Kearly on$140.4Khigh, 1 min in$1.7K47 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 $8.1K ahead in total. Here's who that was.

Wallets with free coinsSold coins GORZ never saw them buy, so the coins were probably sent to them$5.0K61% · 1,455 wallets
First-second buyersBought in the first moments, before most people could see the coin$2.9K36% · 2 wallets
The creatorThe wallet that made this coin$2323% · 1 wallet
Everyone elseRegular buyers and sellers$170% · 3 wallets

How the biggest winners sold

4 of the 5 biggest winners sold within the same 10 seconds, 11 min after the first trade.

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.

1 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.

2i7T…umm4First-second buyer+$1.6Kput in $7.5K, took out $9.1K

Sold in 10 portions over 10 min, the biggest $4.7K

77gc…fNjXFirst-second buyer+$1.2Kput in $1.6K, took out $2.8K

Sold in one go

3XeZ…SjoACreator+$232put in $9, took out $240

Sold in one go

1Kjw…ZP1pSold without buying+$15put in $0, took out $15

Sold in one go

21VM…2oEaSold without buying+$14put in $0, took out $14

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.

Did GORZ see it coming?

☠ Risky · 37/100

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

The warning signs

Launch kit: Launched with the same tool as 260 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.
Team bundle: The creator's own team bought 24.2% of supply at launch with 2 wallets (outside snipers not counted)
Top 10 holders: Hold 89% of supplyA small number of wallets held a big share, so a few sellers could sink the price.
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.

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