Live Solana memecoin radar$Coinbase: how it died
Coinbase official · Solana memecoin · checked 2026-11-12 02:47 UTC
$Coinbase lost 99.2% of its value from a high of $202.0K.
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 minuteThe coin was created. ↗
- In the first minuteThe creator bought their own coin. $6.58 total · now holds ~0.3% 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 $932. ↗
- In the first minuteA big buyer came in with $1.5K. ↗
- In the first minuteA big buyer came in with $3.1K. ↗
- 33 min in13 wallets sold in the same second (about $31). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 3 times.
- 38 min inA big buyer sold everything, and came out $4.4K ahead. ↗
- 38 min inIt was down 50% from its high: $202.0K to $78.3K market cap. ↗
- 38 min inIt was down 90% from its high: $202.0K to $20.2K market cap. ↗
- 39 min in94 wallets sold in the same second (about $188). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 2 times.
Did GORZ see it coming?
☠ Risky · 37/100Yes. A few minutes after launch, GORZ rated it Risky.
The warning signs
Launch kit: Launched with the same tool as 422 other coins; 81% of those dumpedIt was launched with a tool also used on other coins, and that record counts against it.
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: 15 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 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: 56jszdHNPXQSPx4duRW3z4k4u4mTPfp6cxEHAhwZpump
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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