Live Solana memecoin radar$sponge: how it died
Spongebob Squarepants · Solana memecoin · checked 2026-11-09 05:01 UTC
$sponge stopped trading within the hour.
Only $76 of buying was recorded, too little to say who did what.
The rise and fall
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 $1 ahead in total. Here's who that was.
How the biggest winners sold
1 of the 1 biggest winner 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.
Sold in 2 portions over 2 min, about $6 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 minuteThe coin was created. ↗
- In the first minute1 wallet bought in the first seconds and got about 0.7% of all the coins.
- In the first minuteThe creator bought their own coin. $11 total · now holds ~0.1% of supply. ↗
- 1 min inIt 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.
- 1 min inThe creator bought their own coin. $14 total · now holds ~0.3% of supply. ↗
- 2 min inIt was down 50% from its high: $2.5K to $1.2K market cap. ↗
Did GORZ see it coming?
☠ Risky · 71/100Yes. A few minutes after launch, GORZ rated it Risky.
The warning signs
Have they done this before?
- The creator wallet: GORZ has results for 2 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.
Contract: 9kpWJ3SyZW6v34tS2cz3vWTULazfG3g9yWX5F93cpump
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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