$Gemini: how it died

Google Gemini · Solana memecoin · checked 2026-11-04 00:38 UTC

First-second buyers cashed out

$Gemini lost 99% of its value from a high of $114.4K.

3 wallets that bought in the first moments made $2.9K, 64% of all the profit. They got in before nearly anyone else, then sold to the people who came later.

The biggest winner sold in one go.

$6.8Klost by 30 wallets

$4.6Kmade by 1,353 wallets

64%of that profit went to the top 3

Next time: Check how much of a coin was bought in its first seconds. The more they hold, the harder the fall when they sell. Learn more

The rise and fall

$106.1Kearly on$114.4Khigh, 1 min in$1.7K16 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 $4.6K ahead in total. Here's who that was.

First-second buyersBought in the first moments, before most people could see the coin$2.9K64% · 3 wallets

Wallets with free coinsSold coins GORZ never saw them buy, so the coins were probably sent to them$1.1K23% · 865 wallets

Everyone elseRegular buyers and sellers$61113% · 484 wallets

The creatorThe wallet that made this coin$140% · 1 wallet

How the biggest winners sold

The biggest winners sold within the same 10 seconds 3 separate times, up to 4 of them at once.

#1 First-second buyer +$2.7K

#2 First-second buyer +$243

#3 Creator +$14

#4 Sold without buying +$3

#5 Sold without buying +$3

0m2m4m6m

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.

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.

7Yzd…RGb4First-second buyer+$2.7Kput in $3.5K, took out $6.2K

Sold in one go

BYH6…mpSiFirst-second buyer+$243put in $1.7K, took out $1.9K

Sold in one go

6umg…bG7xCreator+$14put in $7, took out $21

Sold in one go

DA1j…omTMSold without buying+$3put in $0, took out $3

Sold in 5 portions over 3 min, about $0 each

3bC8…5ZrhSold without buying+$3put in $0, took out $3

Sold in 4 portions over 4 min, about $1 each

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 minute6 wallets bought in the first seconds and got about 79.0% of all the coins. All of them bought in the same instant the coin was created, which takes planning.
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.
6 min inA big buyer sold everything, and lost $2.5K. ↗

Did GORZ see it coming?

☠ Risky · 37/100

Yes. 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: 28 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)

Top 10 holders: Hold 88% 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.

📈 Live chart & safety ☠ Call new coins 🕹 Arcade

Contract: 7f23UDxXKEru1zSLqo5JsVJVea3aqqaUVWjk5eEmpump

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