$Memecoins: how it died
DogePepeBrettFlokiBonkShib · Solana memecoin · checked 2026-11-03 15:48 UTC
$Memecoins lost 94% of its value from a high of $41.5K.
The profit was spread out. The 3 biggest winners made only 11% of it, and no group stands out. This looks more like interest fading and people rushing to sell than one big seller.
The biggest winner sold in 2 portions over 25 sec, the biggest $588.
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 $14.1K ahead in total. Here's who that was.
How the biggest winners sold
The biggest winners sold within the same 10 seconds 3 separate times, up to 3 of them at once.
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.
Each of the 5 biggest winners sold in one go, not a bit at a time. Selling everything at once hits the price hard.
Sold in 2 portions over 25 sec, the biggest $588
Sold in 2 portions over 58 sec, the biggest $790
Sold in 2 portions over 25 sec, the biggest $484
Sold in one go
Sold in one go
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 minute4 wallets bought in the first seconds and got about 14.9% 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. $280 total · now holds ~9.8% of supply. ↗
- In the first minute6 wallets sold in the same second (about $510). People don't line up that exactly by chance, so it's usually bots or one operator.
- 2 min inNew high: 2.0 times its price just after launch. ↗
- 2 min in11 wallets sold in the same second (about $1,440). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 6 times.
- 12 min inIt was down 90% from its high: $41.5K to $4.1K market cap. ↗
- 14 min in10 wallets sold in the same second (about $678). People don't line up that exactly by chance, so it's usually bots or one operator.
- 1.7 hr 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.
Did GORZ see it coming?
☠ Risky · 0/100Yes. A few minutes after launch, GORZ rated it Risky.
The warning signs
Have they done this before?
- The creator wallet: GORZ has results for 5 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: AU4wDFt6DBaPJu2bfyBfg2B39SXsv5CZoZmeCfgfpump
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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