Live Solana memecoin radar$PICASSO: how it died
The Pilot Picasso · Solana memecoin · checked 2026-11-06 15:34 UTC
$PICASSO lost 97% of its value from a high of $67.9K.
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. $89 total · now holds ~3.4% of supply. ↗
- In the first minute13 wallets bought in the first seconds and got about 45.5% of all the coins. 11 of them bought in the same instant the coin was created, which takes planning.
- In the first minute13 wallets bought 46% of the supply in the first 3 seconds. Buying this much this fast rarely happens by chance.
- 3 min in6 wallets sold in the same second (about $710). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 3 times.
- 13 min inNew high: 4.5 times its price just after launch. ↗
- 15 min in18 wallets sold in the same second (about $464). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 2 times.
- 18 min inIt was down 50% from its high: $67.9K to $33.0K market cap. ↗
- 19 min inIt was down 90% from its high: $67.9K to $6.6K market cap. ↗
- 20 min in109 wallets sold in the same second (about $5,135). People don't line up that exactly by chance, so it's usually bots or one operator. It happened 2 times.
Did GORZ see it coming?
☠ Risky · 43/100Yes. A few minutes after launch, GORZ rated it Risky.
The warning signs
Snipers: 13 wallets bought within 3 slotsFast bots grabbed coins before regular people could, usually to sell them straight back.
Bundled supply: 45.4% 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.
Bundle tool: 13 wallets bought 46% in the first 3 seconds
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: Bhp73zbjK2PgWXvyZYBXoYK5PCF6n5GC8SG35ZhApump
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