$CHIP: how it died

Chip · Solana memecoin · checked 2026-10-30 23:10 UTC

$CHIP 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 minute5 wallets bought in the first seconds and got about 18.3% of all the coins. 3 of them bought in the same instant the coin was created, which takes planning.
In the first minuteThe creator bought their own coin. $471 total · now holds ~15.3% of supply. ↗
In the first minute6 wallets sold in the same second (about $154). People don't line up that exactly by chance, so it's usually bots or one operator.

Did GORZ see it coming?

☠ Risky · 8/100

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

The warning signs

Creator history: Farm-linked creator: 26 launches measured · 18 died within an hour · 0 dev sell-outs · 3 copycat-style namesThis creator has launched many coins before.

Sniper bots: 2 wallets that snipe hundreds of launches bought in its first 2 blocksFast bots grabbed coins before regular people could, usually to sell them straight back.

Mass launcher: This creator launched 43 coins in the last few daysThis wallet makes coins in bulk. Coins made that way rarely last.

Have they done this before?

The creator wallet: GORZ has results for 44 other coins from this wallet. 32 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: 7p2Yx5atUzBnEGYJHwb1eibibXyxKdyxhYBodU8bpump

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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