$BAGS: how it died

BAGS · Solana memecoin · checked 2026-11-12 07:24 UTC

$BAGS stopped trading within the hour.

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 minuteNobody rushed in during the first seconds.
In the first minuteThe creator bought their own coin. $786 total · now holds ~50.7% 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 minute6 wallets sold in the same second (about $180). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 3 times.

Did GORZ see it coming?

☠ Risky · 50/100

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

The warning signs

Volume bot: 86% of the volume came from a few wallets buying and selling over and overWallets traded back and forth to make the coin look busier than it was.

Wallet swarm: 9 wallets sold within the same secondMany wallets selling in the same second usually means bots or one operator, not separate people.

Launch tool: Launched with TOOL-1871A7It was launched with a tool also used on other coins, and that record counts against it.

Have they done this before?

The creator wallet: GORZ has results for 3 other coins from this wallet. 2 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.

📈 Live chart & safety ☠ Call new coins 🕹 Arcade

Contract: 4iuZaiNkyWDQz6Mccnny6miNXCEXj6ShVwbiU24vpump

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