$FLOAT: how it died

FLOAT · Solana memecoin · checked 2026-11-12 18:23 UTC

$FLOAT lost 99.2% of its value from a high of $187.8K.

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. $0.81 total · now holds ~0.0% 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 $943. ↗
In the first minuteA big buyer came in with $1.5K. ↗
In the first minuteA big buyer came in with $3.0K. ↗
21 min in6 wallets sold in the same second (about $44). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 6 times.
32 min inIt was down 90% from its high: $187.8K to $18.7K market cap. ↗
36 min in129 wallets sold in the same second (about $300). People don't line up that exactly by chance, so it's usually bots or one operator.

Did GORZ see it coming?

☠ Risky · 73/100

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

The warning signs

Bundled supply: 79.3% 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 79.3% of supply at launch with 6 wallets (outside snipers not counted)

Repeat launcher: OP-8F25F3: the same team (creator and bundle wallets) launched 2 coinsThe same people look to be behind other coins, and most of those died.

Have they done this before?

The team: GORZ links this launch to OP-8F25F3. Its case file lists their other coins.

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: 7iY8SCxQ3Qo56uTUe5VJkjFatjpFcPkntV6x7RNpump

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